First Vienna Residential Market Report 2023

households in vienna

13

Austria’s capital had 959,994 private households in 2021 at an average of only 2.02 members per household. The trend towards ever smaller households is also becoming apparent in Vienna, explaining the increasing need for new apartments to be covered by increased construction.

Private households in Vienna Forecast for single and multiple-person households 2022 to 2060

Households

579,598

600,000

521,552

521,598

500,000

438,442

400,000

Single-person households

300,000

Multiple-person households

200,000

100,00

0

Year

2022

2060

Forecast to 2060

→ One-person households: up by 18.97% → Multi-person households: up by 11.13% → Private households: up by 14.71% → Around one million households in Vienna by 2030

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