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Synopsis

For some years now, Erlenbach im Simmental has recorded a steady rise in its population; to be more specific, the population has increased by 0.63%, to 1,744 inhabitants.

Demographic data

The average yearly income is CHF 58,440.

6.87% of the population are university graduates, 13.42% have a higher vocational training qualification, 55.45% have an SEK II qualification (school-leaving certificate or apprenticeship) and 24.19% are currently enrolled in compulsory education.

According to the data, this is an area with high social standards and an educated population.

Currently, 0.4% of the population is unemployed.

Taxes

The rate of taxation in the region is 15.41%. Income, marital status and deductions are among the factors that impact the actual tax burden.

In Erlenbach im Simmental, for example, a married couple on a pension (over 65) pays an average of 19.43% tax, a married couple with two children 10.83% and a childless couple 14.84%%. The tax percentage for an unmarried person without children is 20.11%.

Summary of the property market

New buildings

Over the last 5 years, 19 new apartments have been built in Erlenbach im Simmental.

3 of these new-build apartments are 2-room apartments.

In addition, 6 3-room apartments were constructed which are an excellent option for families.

Money was also invested into larger apartments: 4 5-room apartments were created, offering plenty of room for families; 6 apartments with a minimum of 6 rooms were also created.

Housing stock

Newly built dwellings have further expanded the housing supply in the area, so that there are now a total of 1,084 apartments in Erlenbach im Simmental.

The overall number of 1-room apartments is 72.

Additionally, there are 175 apartments with 2 rooms, 273 apartments with 3 rooms and 261 apartments with 4 rooms.

Finally, the stock of 5-room properties includes 193 apartments, and there are also 110 large apartments with at least 6 rooms.

Empty apartments

The vacancy rate in Erlenbach im Simmental is 0.46%.

1.11% of the 3-room apartments and

0.39% of apartments with 4 rooms are empty at the moment.

Apartments with more than 5 rooms have a vacancy rate of 0.33%; 0.92%% of this total pertains to apartments with more than 6 rooms.

Property market (letting only)

Rental properties are offered at average rental prices of about CHF 1,350 per month.

A quarter of rents are lower than or equivalent to a monthly rent of CHF 1,112 (25th percentile).

And 75% of monthly rents are less than or equal to CHF 1,500 (75th percentile).