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Additional information
Summary
The number of residents in Montreux has risen to 26,230 in the past 3 years. This is equivalent to a population increase of 0.95%.
Population statistics
The average income here is CHF 73,305. 24.8%% of the population hold a university degree, 8.98% have completed higher vocational education, 39.52% of the population have an SEK II qualification (school-leaving certificate or apprenticeship) and 26.71% of residents are currently completing compulsory schooling. As a result, the residential area has high social standards. The unemployment rate is 2.03%.
Taxes
The overall tax rate is 14.91%. This varies on an individual basis and depends on income, marital status and the total amount of deductions, among other factors. Retired, married couples (over 65) pay an average of 19.43% tax in Montreux, married couples with two children 9.91% and childless couples 14.09%%. The tax percentage for a single person without children is 20.3%.
The overall property market
New construction
Montreux has registered the construction of 165 new apartments over the last 5 years.
45 apartments with 2 rooms have also been built. Living space for families has also been constructed: For example, 50 apartments with 3 rooms and 57 4-room apartments were added to the pool of housing available locally. For people on the search for more spacious accommodation, 7 5-room apartments and 6 apartments with at least 6 rooms have been created.
Housing stock
Thanks to new construction, the housing stock in Montreux has increased, and there are now a total of 15,744 apartments. The number of 1-room apartments in the total housing stock is 1,807. There are also 3,334 apartments with 2 rooms, 4,893 apartments with 3 rooms and 3,286 4-room apartments. Finally, the supply of 5-room properties comprises 1,484 apartments, and there are also 940 large apartments with at least 6 rooms.
Unoccupied apartments
The vacancy rate in Montreux is 1.56%. Of this figure, 1.29% of 1-room apartments, 1.34% of all 2-room apartments, 1.68% of the apartments with 3 rooms, 1.58% of 4-room apartments and 1.3% of 5-room apartments are empty. Apartments with more than 5 rooms have a vacancy rate of 1.8%; of that number, 2.59% are apartments with more than 6 rooms.
Housing market (rental only)
An average of CHF 1,585 is needed to rent a property. Consequently, 25% of all rents on the market are less than or equivalent to a monthly rent of CHF 1,260 (25th percentile). 75% of monthly rents are lower than CHF 1,945 (75th percentile), or they are equal to this average price.
ZIP of Caux
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