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Synopsis
The number of residents in Riaz has risen to 2,874 in the last 3 years. This equates to a population increase of 2.97%.
Demographics
On average, residents earn CHF 74,485 per year.
17.91%% of the population hold a university degree, 9.34% have completed higher vocational education, 48.95% of the population have an SEK II qualification (school-leaving certificate or apprenticeship) and 23.76% of residents are currently completing compulsory schooling.
Consequently, this region has high social standards and an educated population.
The unemployment rate is 1.08%.
Taxes
The tax rate in the area is 13.6%. Income, marital status and deductions are among the factors that influence the actual tax burden.
In Riaz, the rate of taxation is 18.9% for an unmarried person without children. On average, a married couple on a pension (over 65) pay 17.07%, a married couple with two children 9.32% and a childless couple 12.7%%.
The overall property market
New buildings
With a total of 159 apartments, more living space has been constructed in Riaz over the past 5 years.
Of these newly built apartments, 3 are 1-room apartments, which are particularly suitable for singles.
There are also a total of 18 new 2-room apartments.
66 3-room apartments and 43 apartments with 4 rooms were also created.
The housing stock available in the area was also expanded to include 23 5-room apartments and 6 apartments with at least 6 rooms.
Housing stock
The new construction has contributed to a further increase in the housing stock, and there are now 1,297 apartments in Riaz.
There are a total of 70 1-room apartments available in the area.
The total number of properties amounts to 159 apartments with 2 rooms, 274 apartments with 3 rooms and 398 apartments with 4 rooms.
A total of 257 5-room apartments and 139 spacious apartments with a minimum of 6 rooms are also available on the market.
Unoccupied apartments
In Riaz, 4.64% of apartments are uninhabited.
Consequently, 22.86% of the 1-room apartments,
10.06% of all apartments with 2 rooms,
5.86% of apartments with 3 rooms,
1.51% of apartments with 4 rooms
and 1.17% of apartments with 5 rooms are presently vacant.
Apartments with more than 5 rooms have a vacancy rate of 1.52%; of that number, 2.16% are apartments with more than 6 rooms.
Property market (rental only)
The average rental price for flats in the region is CHF 1,440.
A quarter of all rents on the market are lower than or equal to a monthly rent of CHF 1,195 (25th percentile).
And 75% of monthly rents are cheaper than or equivalent to CHF 1,720 (75th percentile).
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