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Additional information
Demographic development and taxation
The current population of Sion is 37'154 residents. The population has changed by 5.37% over the past 3 years. The tax burden on the population is contingent on a number of factors, including the levels of the different tax types (federal, cantonal, local and personal) as well as tax policy and the financial situation of the region. The current tax burden on the population is 11.65%. In Sion, single people with no children pay an average of 18.55%, retired couples pay 16%, couples with two children pay 5.9% and married couples without children pay 10.67%. Moreover, the tax rate in the area is 110%. The rate of unemployment is 2.22% and the average yearly income of the population is CHF 65'615.
Housing stock
The housing stock in Sion encompasses 21'116 flats. These are divided into 2065 1-room flats, 3667 2-room flats, 5813 flats with 3 rooms and 6330 flats with 4 rooms. There are 2275 5-room flats and 966 flats with 6 or more rooms, too.
Vacancy rates
In Sion, 0.23% of flats are untenanted. For example, 0.4% of all 1-room flats, 0.56% of the existing flats with 2 rooms, 0.18% of existing flats with 3 rooms, 0.1% of the 4-room properties and 0.14% of all 5-room properties are presently vacant.
New builds
In Sion, 1514 homes were added within the last five years. 269 flats have one room and 465 have two rooms. 401 additional flats with 3 rooms and 241 flats with 4 rooms were added to the region's pool of housing. The housing supply also comprises 105 five-room flats and 33 flats with a minimum of six rooms.
Letting
The average rent per month in the area is CHF 1390. Approximately twenty-five per cent of all rental prices are cheaper than or equal to CHF 1124 per month. Monthly rents are below CHF 1640 or equal to this price (75th percentile).