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Meridian Micro Area Housing

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As of 2010-2014, median price of a house in Meridian Area is $80,100, which is lower than the state average of $100,800 and is much lower than the national average of $175,700. The median year that a house in Meridian Area was built is 1978, which is older than the median year for a house built in the state which is 1982 and is newer than the median year for a house built in the USA which is 1976.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 27,565 Owner Occupied Houses in Meridian Area, #816

Meridian Area	80,100 USD
Mississippi	100,800 USD
U.S.	175,700 USD

Median House Price Growth Since 2005-2009, see rank

Meridian Area	8.83%
Mississippi	41.18%
U.S.	46.91%

*The Meridian Area median house price growth rate is since 2005-2009. The Mississippi and U.S population growth rate is since 2000.

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 Area	Mississippi	U.S.
Total Housing Units	47,420, see rank, 100%	1,284,794	132,741,033
Occupied Housing Units	39,777, 83.88%, see rank	85.04%	87.55%
Owner Occupied	27,565, 58.13%, see rank	58.59%	56.34%
Renter Occupied	12,212, 25.75%, see rank	26.45%	31.21%
Vacant Housing Units	7,643, 16.12%, see rank	14.96%	12.45%
For Rent	1,821, 3.84%, see rank	3.20%	2.34%
For Sale Only	493, 1.04%, see rank	1.19%	1.20%
Rented or Sold, Not Occupied	370, 0.78%, see rank	0.92%	0.92%
For Seasonal, Recreational, or Occasional Use	1,694, 3.57%, see rank	3.09%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.05%	0.03%
Other Vacant	3,265, 6.89%, see rank	6.50%	4.00%

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

Year Structure Built

Median Built Year, #344

Meridian Area	Mississippi	U.S.
1978	1982	1976

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 Area	%	Mississippi	U.S.
Owner-Occupied Units	27,565	100%	752,825	74,787,460
With a Mortgage	12,863	46.66%, see rank	53.37%	65.58%
Without a Mortgage	14,702	53.34%, see rank	46.63%	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 Area	960 USD
Mississippi	1,090 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	Meridian Area	%	Mississippi	U.S.
$299 or Less	17	0.13%, see rank	0.32%	0.20%
$300 to $499	828	6.44%, see rank	3.84%	1.59%
$500 to $699	1,945	15.12%, see rank	11.99%	5.01%
$700 to $999	4,131	32.12%, see rank	26.92%	14.32%
$1,000 to $1,499	3,387	26.33%, see rank	32.71%	27.90%
$1,500 to $1,999	1,525	11.86%, see rank	14.24%	20.35%
$2,000 to $2,999	738	5.74%, see rank	7.78%	19.52%
$3,000 or More	292	2.27%, see rank	2.22%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Meridian Area	23.50% of the Total Income
Mississippi	22.60% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Meridian Area	%	Mississippi	U.S.
10% or Less	967	7.52%, see rank	6.94%	5.86%
10% to 20%	4,254	33.07%, see rank	35.03%	31.95%
20% to 30%	3,228	25.10%, see rank	25.20%	27.64%
30% to 40%	1,523	11.84%, see rank	12.61%	13.74%
40% or More	2,781	21.62%, see rank	19.44%	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 Area	348 USD
Mississippi	342 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	Meridian Area	%	Mississippi	U.S.
$199 or Less	1,826	12.42%, see rank	14.03%	7.76%
$200 to $299	4,025	27.38%, see rank	25.44%	14.70%
$300 to $499	5,983	40.70%, see rank	39.59%	34.63%
$500 to $699	1,913	13.01%, see rank	14.55%	21.16%
$700 or More	955	6.50%, see rank	6.39%	21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Meridian Area	11.90% of the Total Income
Mississippi	11.90% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Meridian Area	%	Mississippi	U.S.
10% or Less	6,272	42.66%, see rank	41.93%	40.19%
10% to 20%	4,340	29.52%, see rank	30.64%	31.47%
20% to 30%	2,021	13.75%, see rank	11.80%	12.24%
30% to 40%	880	5.99%, see rank	5.63%	5.64%
40% or More	975	6.63%, see rank	8.24%	9.16%

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

Units in Structure

	Meridian Area	Mississippi	U.S.
Total Housing Units	47,420, 100%	1,284,794	132,741,033
1-unit, Detached	31,437, 66.29%, see rank	69.39%	61.65%
1-unit, Attached	621, 1.31%, see rank	1.19%	5.82%
2 Units	1,363, 2.87%, see rank	2.31%	3.75%
3 or 4 Units	2,009, 4.24%, see rank	3.00%	4.43%
5 to 9 Units	2,389, 5.04%, see rank	4.56%	4.78%
10 or More Units	1,222, 2.58%, see rank	4.24%	13.08%
Mobile Home, Boat, RV, Van, etc.	8,379, 17.67%, see rank	15.31%	6.49%

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

Rooms

	Meridian Area	Mississippi	U.S.
Total Housing Units	47,420, 100%	1,284,794	132,741,033
1 Room	548, 1.16%, see rank	1.21%	1.95%
2 Rooms	1,025, 2.16%, see rank	1.58%	2.48%
3 Rooms	2,962, 6.25%, see rank	6.13%	9.13%
4 Rooms	8,326, 17.56%, see rank	16.22%	16.60%
5 Rooms	12,802, 27.00%, see rank	26.42%	20.41%
6 Rooms	9,827, 20.72%, see rank	20.78%	18.06%
7 Rooms	5,743, 12.11%, see rank	12.73%	12.27%
8 Rooms	3,273, 6.90%, see rank	7.32%	8.48%
9 Rooms or More	2,914, 6.15%, see rank	7.61%	10.60%
Median Rooms	5.30, see rank	5.40	5.50

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

Bedrooms

	Meridian Area	Mississippi	U.S.
Total Housing Units	47,420, 100%	1,284,794	132,741,033
No Bedroom	651, 1.37%, see rank	1.31%	2.17%
1 Bedroom	2,748, 5.80%, see rank	5.88%	11.16%
2 Bedrooms	11,611, 24.49%, see rank	22.42%	26.69%
3 Bedrooms	25,257, 53.26%, see rank	53.47%	39.70%
4 Bedrooms	6,073, 12.81%, see rank	14.46%	16.05%
5 or More Bedrooms	1,080, 2.28%, see rank	2.46%	4.22%

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

House Heating Fuel

	Meridian Area	Mississippi	U.S.
Total Housing Units	39,777, 100%	1,092,627	116,211,092
Utility Gas	9,705, 24.40%, see rank	30.86%	48.85%
Bottled, Tank, or LP Gas	4,839, 12.17%, see rank	12.73%	4.86%
Electricity	24,361, 61.24%, see rank	54.38%	36.68%
Fuel Oil, Kerosene, etc.	25, 0.06%, see rank	0.13%	5.86%
Coal or Coke	0, 0.00%, see rank	0.01%	0.12%
Wood	656, 1.65%, see rank	1.52%	2.12%
Solar Energy	0, 0.00%, see rank	0.01%	0.05%
Other Fuel	26, 0.07%, see rank	0.13%	0.47%
No Fuel Used	165, 0.41%, see rank	0.24%	1.00%

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

Gross Rent

Monthly Rental	Meridian Area	Mississippi	U.S.
Occupied Units Paying Rent	10,837, 100%	295,003	39,201,928
$199 or Less	618, 5.70%, see rank	2.92%	1.50%
$200 to $299	748, 6.90%, see rank	5.50%	3.18%
$300 to $499	1,961, 18.10%, see rank	14.14%	7.37%
$500 to $699	2,928, 27.02%, see rank	25.54%	16.01%
$700 to $999	3,068, 28.31%, see rank	33.80%	29.17%
$1,000 to $1,499	1,381, 12.74%, see rank	15.24%	26.88%
$1,500 to $1,999	65, 0.60%, see rank	2.09%	9.79%
$2,000 or More	68, 0.63%, see rank	0.76%	6.10%
Median	$653, see rank	$714	$920

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

Vehicle Available

	Meridian Area	Mississippi	U.S.
Occupied Housing Units	39,777, 100%	1,092,627	116,211,092
No Vehicles Available	3,147, 7.91%, see rank	6.90%	9.12%
1 Vehicles Available	13,835, 34.78%, see rank	33.90%	33.80%
2 Vehicles Available	14,274, 35.89%, see rank	37.27%	37.48%
3 or More Vehicles Available	8,521, 21.42%, see rank	21.93%	19.61%

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