Demographic development and taxes
The population of Locarno amounts to 16’394. Compared to the figure 3 years ago, this is equivalent to a population change of 4.23%.
Different types of tax (federal, cantonal, local and individual tax) have an influence on the amount of tax levied. Additional factors include the taxation policy and fiscal situation of the respective canton or municipality, as well as the income of the residents. Currently, the tax charge is 11.56%. In Locarno, the following average tax rates apply: 17.34% for single people without children, 15.89% for retired couples, 6.38% for married couples with 2 children and 10.12% for couples without children. The taxation rate in the region is 90%. What's more, the average yearly income totals CHF 60’945 and the unemployment rate is 1.74%.
Existing properties
Locarno has a total of 12’209 flats. These are broken down as follows: 1096 1-room flats, 2895 2-room flats, 4280 flats with 3 rooms and 2895 flats with 4 rooms. The number of existing flats also includes 656 flats with 5 rooms and 387 flats with 6 or more rooms.
Empty flats
Locarno has a vacancy rate of 2.06%. For instance, 2.09% of all one-room flats, 2.52% of flats with 2 rooms, 1.95% of the existing three-room properties, 1.84% of the four-room flats and 2.38% of existing flats with five rooms are presently untenanted.
Newly constructed flats
During the previous five years, 831 new homes have been created in Locarno. Of these properties, a total of 44 are 1-room flats and 422 flats have two rooms. In addition, 265 flats with three rooms and 91 flats with four rooms were built. Finally, there are 8 5-rooms and 1 flats with at least 6 rooms.
Letting
Properties for rent are available at an average monthly price of CHF 1380. The 25th percentile shows that one quarter of all rental prices are below or equal to CHF 1150. Monthly rents are lower than CHF 1610 (75th percentile) or correspond to exactly this average price.
