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Meridian, ID Housing

 
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As of 2010-2014, median price of a house in Meridian is $186,400, which is higher than the state average of $160,500 and is higher than the national average of $175,700. The Meridian median house value has grown by 53.80% since 2000. The growth rate for the price of a house in Meridian is higher than the state average rate of 50.99% and is higher than the national average rate of 46.91%. The median year that a house in Meridian was built is 2000, which is newer than the median year for a house built in the state which is 1983 and is newer than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 21,387 Owner Occupied Houses in Meridian, ID, #27
Meridian, ID
186,400 USD
Idaho
160,500 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #73
Meridian, ID
53.80%
Idaho
50.99%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Meridian, IDIdahoU.S.
Total Housing Units29,403, see rank, 100%675,421132,741,033
Occupied Housing Units28,431, 96.69%, see rank86.65%87.55%
Owner Occupied21,387, 72.74%, see rank59.96%56.34%
Renter Occupied7,044, 23.96%, see rank26.69%31.21%
Vacant Housing Units972, 3.31%, see rank13.35%12.45%
For Rent309, 1.05%, see rank1.70%2.34%
For Sale Only166, 0.56%, see rank1.36%1.20%
Rented or Sold, Not Occupied436, 1.48%, see rank0.97%0.92%
For Seasonal, Recreational, or Occasional Use39, 0.13%, see rank6.67%3.97%
For Migrant Workers0, 0.00%, see rank0.10%0.03%
Other Vacant22, 0.07%, see rank2.54%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #8
Meridian, IDIdahoU.S.
200019831976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Meridian, ID%IdahoU.S.
Owner-Occupied Units21,387100%404,98174,787,460
With a Mortgage17,51981.91%, see rank67.26%65.58%
Without a Mortgage3,86818.09%, see rank32.74%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Meridian, ID
1,361 USD
Idaho
1,212 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsMeridian, ID%IdahoU.S.
$299 or Less420.24%, see rank0.43%0.20%
$300 to $4991791.02%, see rank2.24%1.59%
$500 to $6998094.62%, see rank7.34%5.01%
$700 to $9992,72215.54%, see rank22.81%14.32%
$1,000 to $1,4996,84939.09%, see rank36.67%27.90%
$1,500 to $1,9994,11623.49%, see rank17.67%20.35%
$2,000 to $2,9992,48414.18%, see rank9.59%19.52%
$3,000 or More3181.82%, see rank3.24%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Meridian, ID
22.30% of the Total Income
Idaho
23.40% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Meridian, ID%IdahoU.S.
10% or Less1,0055.74%, see rank6.06%5.86%
10% to 20%6,42436.67%, see rank32.69%31.95%
20% to 30%4,92028.08%, see rank28.32%27.64%
30% to 40%2,42313.83%, see rank13.81%13.74%
40% or More2,71615.50%, see rank18.62%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Meridian, ID
321 USD
Idaho
338 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsMeridian, ID%IdahoU.S.
$199 or Less38810.03%, see rank12.75%7.76%
$200 to $2991,30033.61%, see rank26.80%14.70%
$300 to $4991,57740.77%, see rank41.14%34.63%
$500 to $6993619.33%, see rank12.86%21.16%
$700 or More2426.26%, see rank6.45%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Meridian, ID
10.00% of the Total Income
Idaho
10.00% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Meridian, ID%IdahoU.S.
10% or Less2,46963.83%, see rank49.68%40.19%
10% to 20%85922.21%, see rank29.40%31.47%
20% to 30%2225.74%, see rank9.79%12.24%
30% to 40%1513.90%, see rank4.06%5.64%
40% or More1393.59%, see rank5.93%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Meridian, IDIdahoU.S.
Total Housing Units29,403, 100%675,421132,741,033
1-unit, Detached25,801, 87.75%, see rank73.06%61.65%
1-unit, Attached424, 1.44%, see rank2.89%5.82%
2 Units217, 0.74%, see rank2.44%3.75%
3 or 4 Units1,221, 4.15%, see rank4.55%4.43%
5 to 9 Units190, 0.65%, see rank2.88%4.78%
10 or More Units1,001, 3.40%, see rank5.23%13.08%
Mobile Home, Boat, RV, Van, etc.549, 1.87%, see rank8.95%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Meridian, IDIdahoU.S.
Total Housing Units29,403, 100%675,421132,741,033
1 Room242, 0.82%, see rank1.57%1.95%
2 Rooms103, 0.35%, see rank2.58%2.48%
3 Rooms988, 3.36%, see rank7.15%9.13%
4 Rooms2,430, 8.26%, see rank15.67%16.60%
5 Rooms5,722, 19.46%, see rank20.19%20.41%
6 Rooms6,223, 21.16%, see rank16.80%18.06%
7 Rooms5,702, 19.39%, see rank12.37%12.27%
8 Rooms3,574, 12.16%, see rank9.30%8.48%
9 Rooms or More4,419, 15.03%, see rank14.37%10.60%
Median Rooms6.30, see rank5.705.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Meridian, IDIdahoU.S.
Total Housing Units29,403, 100%675,421132,741,033
No Bedroom242, 0.82%, see rank1.72%2.17%
1 Bedroom575, 1.96%, see rank7.43%11.16%
2 Bedrooms3,058, 10.40%, see rank24.28%26.69%
3 Bedrooms15,111, 51.39%, see rank40.63%39.70%
4 Bedrooms8,304, 28.24%, see rank18.06%16.05%
5 or More Bedrooms2,113, 7.19%, see rank7.88%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Meridian, IDIdahoU.S.
Total Housing Units28,431, 100%585,259116,211,092
Utility Gas25,113, 88.33%, see rank51.34%48.85%
Bottled, Tank, or LP Gas119, 0.42%, see rank4.95%4.86%
Electricity3,022, 10.63%, see rank32.80%36.68%
Fuel Oil, Kerosene, etc.48, 0.17%, see rank1.89%5.86%
Coal or Coke0, 0.00%, see rank0.07%0.12%
Wood78, 0.27%, see rank7.86%2.12%
Solar Energy0, 0.00%, see rank0.04%0.05%
Other Fuel19, 0.07%, see rank0.77%0.47%
No Fuel Used32, 0.11%, see rank0.27%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalMeridian, IDIdahoU.S.
Occupied Units Paying Rent6,871, 100%166,97539,201,928
$199 or Less86, 1.25%, see rank1.30%1.50%
$200 to $29969, 1.00%, see rank3.77%3.18%
$300 to $499143, 2.08%, see rank12.23%7.37%
$500 to $699831, 12.09%, see rank26.82%16.01%
$700 to $9992,181, 31.74%, see rank32.95%29.17%
$1,000 to $1,4993,093, 45.02%, see rank18.68%26.88%
$1,500 to $1,999411, 5.98%, see rank2.62%9.79%
$2,000 or More57, 0.83%, see rank1.62%6.10%
Median$1,016, see rank$738$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Meridian, IDIdahoU.S.
Occupied Housing Units28,431, 100%585,259116,211,092
No Vehicles Available783, 2.75%, see rank4.57%9.12%
1 Vehicles Available7,861, 27.65%, see rank27.69%33.80%
2 Vehicles Available13,194, 46.41%, see rank39.70%37.48%
3 or More Vehicles Available6,593, 23.19%, see rank28.04%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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