The number of residents in the Canton of Ticino has changed to 358’903. This amounts to a change of 1.91%. The amount of tax imposed on the population hinges on various factors, including the levels of the different types of taxes (federal, cantonal, municipal and personal) as well as tax policy and the economic situation of the area. The tax burden currently stands at 11.17%. In the Canton of Ticino, the following tax rates apply: unmarried individuals with no children pay 16.75%, couples with no children 9.77%, a married couple with 2 children 6.16% and retired couples 15.37%. The rate of taxation amounts to 82.32% in the locality. The average yearly income is CHF 73’890 and unemployment is at 1.21%.
The Canton of Ticino has housing stock totalling 257’629 flats. There are a total of 14’696 flats with 1 room, 48’628 flats with 2 rooms, 76’607 3-room flats and 72’921 flats with 4 rooms. In addition to that, there are 27’401 5-room flats and 17’376 flats with 6 rooms or more.
In the Canton of Ticino, 1.95% of the properties are untenanted. For instance, 3.47% of all 1-room flats, 2.54% of flats with 2 rooms, 2.1% of all three-room flats, 1.55% of the 4-room properties and 1.02% of five-room flats are unoccupied today. Flats with 6 or more rooms have a rate of vacancy of 1.43%. Of these, 1.18% are flats with at least five rooms.
New homes were also constructed in the Canton of Ticino. Over the previous five years, 10’455 new flats have been added. Of these, 540 are flats with 1 room and 3768 are flats with two rooms. In addition, 3139 flats with 3 rooms and 2102 flats with 4 rooms have been newly built. Finally, 573 five-room flats and 333 flats with 6 rooms or more are ready for new tenants.
The average rent for a flat in the region is CHF 1380. Twenty-five per cent of all available rents are cheaper than or equivalent to a monthly rent of CHF 1138 (25th percentile). Monthly rental prices are below CHF 1650 (75th percentile) or equal to exactly this average price.
