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Additional information

Synopsis

The number of residents in Glarus Nord has risen to 19,428 in the last 3 years. This is a population increase of 4.31%.

Demographics

The average annual income is CHF 67,115.

9.53% of the population are university graduates, 15.11% have a higher vocational training qualification, 49.12% have an SEK II qualification (school-leaving certificate or apprenticeship) and 26.24% are currently completing compulsory education.

Consequently, this region has high social standards and an educated population.

Approximately 0.82% of the population is currently unemployed.

Taxes

11.89% is the tax burden in the region. However, the individual amount of tax paid differs from person to person and is based on income, marital status and the amount of deductions, among other factors.

The average tax rate for a single person with no children in Glarus Nord is 15.71%. A retired couple (over 65) pays an average of 15.24%, a married couple with two children 8.1% and a childless couple 10.99%%.

The property market in general

New construction

Glarus Nord has gained 644 new apartments over the past 5 years.

A total of 30 1-room apartments have been created.

More 2-room apartments have also been built; 121 apartments of this size were added in total.

202 new apartments with 3 rooms and 204 apartments with 4 rooms were additionally constructed in the area.

Furthermore, the number of spacious apartments available amounts to 68 5-room apartments and 19 apartments with at least 6 rooms.

Housing stock

The new builds have contributed to an additional increase in the housing supply, and there are now 9,911 apartments in Glarus Nord.

There are a total of 388 1-room apartments in the area.

The total number of properties amounts to 1,226 apartments with 2 rooms, 2,233 apartments with 3 rooms and 2,919 apartments with 4 rooms.

Finally, the stock of 5-room properties includes 1,954 apartments, and there are also 1,191 large apartments with a minimum of 6 rooms.

Vacant apartments

There is a 0.75% vacancy rate in Glarus Nord.

Of this total, 1.57% of 1-room apartments,

1.58% of the apartments with 2 rooms,

0.64% of the apartments with 3 rooms,

0.59% of the apartments with 4 rooms

and 0.47% of the 5-room apartments are presently empty.

Apartments with more than 5 rooms have a vacancy rate of 0.55%; of that number, 0.68% are apartments with more than 6 rooms.

Housing market (rental only)

Rental properties are offered at average rental prices of about CHF 1,370 per month.

25% of the rents on offer are cheaper than or equivalent to a monthly rent of CHF 1,106 (25th percentile).

In addition, 75% of all monthly rents are less than or equal to CHF 1,650.