Population development and taxation
On average, 4853 people live in Paradiso. During the past three years, the population has changed by 7.32%.
The level of tax hinges on various aspects. On the one hand, the income of the population plays a role, as higher incomes generally result in more taxes. On the other hand, the rates of the different types of tax (federal, cantonal, communal and personal tax) additionally affect the level of tax. Other factors might include the taxation policy or financial circumstances of the canton or municipality in question. The functions and services that are financed by tax revenue can also influence the tax burden. The current tax burden is 9.81%. In Paradiso, single people without children pay an average of 14.83% tax, retired, married couples 13.55%, married couple with two children 5.33% and married couples with no children 8.55%. Additionally, the rate of taxation in the region is 58%. Moreover, the average yearly income amounts to CHF 108'675 and the unemployment rate is 1.75%.
Housing stock
Paradiso has a total of 3617 flats. There are a total of 576 flats with 1 room, 982 flats with 2 rooms, 1064 3-room flats and 719 flats with 4 rooms. In addition, there are 166 5-room flats and 110 flats with 6 rooms or more.
Unoccupied flats
A number of flats are also vacant. In Paradiso, for example, that figure is 3.89%. For instance, 8.81% of flats with one room, 2.63% of the existing 2-room flats, 3.21% of all flats with three rooms, 3.02% of the flats with four rooms and 2.5% of existing five-room properties are presently untenanted. If we consider 6-room properties, we find a rate of vacancy of 3.77%.
New properties
In the previous five years, 239 flats have been added in Paradiso. 17 flats have one room and 92 have 2 rooms. Additionally, 83 flats with 3 rooms and 37 flats with 4 rooms have been newly built. Lastly, the number of more spacious flats in the pool of housing includes 7 flats with 5 rooms and 3 flats with a minimum of six rooms.
Rental properties
Properties to let are offered at an average monthly price of CHF 1490. At the same time, 25 per cent of rental prices are less than or equivalent to CHF 1175 per month (25th percentile). Seventy-five per cent of average monthly rents are less than CHF 1800 (75th percentile) or equal to precisely this value.
