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Summary
The number of residents in Wattwil has increased by 2.2% in the past 3 years, to 8,954 inhabitants.
Demographics
Average income is CHF 59,675.
8.92% of the population have a university degree, 13.45% have a higher vocational training qualification, 51.41% of the population have a school-leaving certificate or have completed a vocational apprenticeship, 26.22% of residents have completed compulsory schooling and 0.01% of the population did not indicate their highest level of education.
The residential area is prestigious thanks to its high social standards and educated population.
At the time of reporting, 0.67% of the population is unemployed.
Taxes
12.77% is the rate of taxation in the region. However, the individual tax burden differs from person to person and is based on income, marital status and the amount of deductions, among other factors.
In Wattwil, the tax burden for unmarried people with no children is 17.91%. A married couple on a pension (over 65) pays an average of 16.23%, a married couple with two children 8.4% and a couple with no children 12.09%%.
Summary of the property market
New buildings
In the last 5 years, 253 new apartments have been constructed in Wattwil.
Of these new apartments, a total of 5 apartments have exactly one room.
51 of the new builds are also 2-room apartments.
111 apartments with 3 rooms and 51 4-room apartments were additionally built.
For people on the search for more spacious housing, 26 5-room apartments and 9 apartments with a minimum of 6 rooms have been created.
Housing stock
Wattwil now has a total of 4,596 apartments, following additional expansion of the pool of local housing as a result of the construction of new dwellings.
There are a total of 181 1-room apartments available in the area.
The housing stock also includes 1,079 apartments with 2 rooms, 1,200 with 3 rooms and 785 apartments with 4 rooms.
In total, there are 785 5-room apartments and 796 large apartments with 6 or more rooms.
Vacant apartments
The percentage of vacant apartments in Wattwil is 1.07%.
Of this number, 2.76% of 1-room apartments,
1.99% of apartments with 2 rooms,
1.21% of all 3-room apartments,
1.25% of the 4-room apartments
and 0.38% of 5-room apartments are uninhabited.
Apartments with more than 5 rooms have a vacancy rate of 0.32%; of that figure, 0.25% are apartments with more than 6 rooms.
Housing market (rental only)
An average of CHF 1,190 is required to rent a flat.
25% of all available rents are below a monthly rent of CHF 970, or they are equivalent to this amount (25th percentile).
Monthly rents are less than CHF 1,375 (75th percentile), or they are equal to this average price.
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