First Vienna Residential Market Report 2024

households in vienna

13

There were around 969,229 private households in Vienna in 2023 with an average household size of just 2.04 people. The ongoing trend towards shrinking households especially affects Vienna, leading to a growing need for new living space to be covered by increased construction activity.

Private households in Vienna Forecast for single and multiple-person households 2023 to 2060

Households

611,605

585,767

600,000

528,505

500,000

440,724

400,000

Single-person households

300,000

Multiple-person households

200,000

100,00

0

Year

2023

2060

Source: WKO Statistik

Forecast to 2060

→ One-person households: up by 33.0% → Multi-person households: up by 15.7% → Private households: up by 23.0% → Around one million households in Vienna by 2030

FIRST VIENNA RESIDENTIAL MARKET REPORT 2024

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