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Meridian, TX Housing

 
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As of 2010-2014, median price of a house in Meridian is $59,700, which is much lower than the state average of $131,400 and is much lower than the national average of $175,700. The Meridian median house value has grown by 30.92% since 2000. The growth rate for the price of a house in Meridian is lower than the state average rate of 59.27% and is lower than the national average rate of 46.91%. The median year that a house in Meridian was built is 1969, which is older than the median year for a house built in the state which is 1984 and is older 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 291 Owner Occupied Houses in Meridian, TX, #1179
Meridian, TX
59,700 USD
Texas
131,400 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #1131
Meridian, TX
30.92%
Texas
59.27%
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, TXTexasU.S.
Total Housing Units626, see rank, 100%10,187,189132,741,033
Occupied Housing Units559, 89.30%, see rank88.48%87.55%
Owner Occupied291, 46.49%, see rank55.49%56.34%
Renter Occupied268, 42.81%, see rank32.99%31.21%
Vacant Housing Units67, 10.70%, see rank11.52%12.45%
For Rent0, 0.00%, see rank3.13%2.34%
For Sale Only12, 1.92%, see rank1.05%1.20%
Rented or Sold, Not Occupied0, 0.00%, see rank0.97%0.92%
For Seasonal, Recreational, or Occasional Use9, 1.44%, see rank2.37%3.97%
For Migrant Workers0, 0.00%, see rank0.02%0.03%
Other Vacant46, 7.35%, see rank3.97%4.00%

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

Year Structure Built

Median Built Year, #1248
Meridian, TXTexasU.S.
196919841976

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, TX%TexasU.S.
Owner-Occupied Units291100%5,652,54274,787,460
With a Mortgage14549.83%, see rank60.56%65.58%
Without a Mortgage14650.17%, see rank39.44%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, TX
888 USD
Texas
1,443 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsMeridian, TX%TexasU.S.
$299 or Less00.00%, see rank0.15%0.20%
$300 to $49900.00%, see rank1.18%1.59%
$500 to $6992517.24%, see rank4.49%5.01%
$700 to $9995437.24%, see rank14.70%14.32%
$1,000 to $1,4995739.31%, see rank33.20%27.90%
$1,500 to $1,99932.07%, see rank22.54%20.35%
$2,000 to $2,99964.14%, see rank16.45%19.52%
$3,000 or More00.00%, see rank7.30%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Meridian, TX
22.80% of the Total Income
Texas
22.20% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Meridian, TX%TexasU.S.
10% or Less85.52%, see rank6.26%5.86%
10% to 20%4833.10%, see rank36.09%31.95%
20% to 30%4228.97%, see rank27.65%27.64%
30% to 40%3423.45%, see rank12.28%13.74%
40% or More138.97%, see rank17.16%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, TX
373 USD
Texas
459 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsMeridian, TX%TexasU.S.
$199 or Less2215.07%, see rank7.97%7.76%
$200 to $2993423.29%, see rank14.81%14.70%
$300 to $4996141.78%, see rank33.97%34.63%
$500 to $6992517.12%, see rank22.08%21.16%
$700 or More42.74%, see rank21.17%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Meridian, TX
13.10% of the Total Income
Texas
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, TX%TexasU.S.
10% or Less4228.77%, see rank41.43%40.19%
10% to 20%6443.84%, see rank32.37%31.47%
20% to 30%3221.92%, see rank11.78%12.24%
30% to 40%00.00%, see rank5.09%5.64%
40% or More85.48%, see rank8.03%9.16%

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

Units in Structure

 Meridian, TXTexasU.S.
Total Housing Units626, 100%10,187,189132,741,033
1-unit, Detached461, 73.64%, see rank65.34%61.65%
1-unit, Attached6, 0.96%, see rank2.68%5.82%
2 Units92, 14.70%, see rank1.94%3.75%
3 or 4 Units22, 3.51%, see rank3.20%4.43%
5 to 9 Units0, 0.00%, see rank4.85%4.78%
10 or More Units13, 2.08%, see rank14.35%13.08%
Mobile Home, Boat, RV, Van, etc.32, 5.11%, see rank7.63%6.49%

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

Rooms

 Meridian, TXTexasU.S.
Total Housing Units626, 100%10,187,189132,741,033
1 Room17, 2.72%, see rank1.69%1.95%
2 Rooms16, 2.56%, see rank2.86%2.48%
3 Rooms64, 10.22%, see rank10.61%9.13%
4 Rooms163, 26.04%, see rank16.68%16.60%
5 Rooms139, 22.20%, see rank21.74%20.41%
6 Rooms131, 20.93%, see rank18.39%18.06%
7 Rooms27, 4.31%, see rank11.53%12.27%
8 Rooms39, 6.23%, see rank7.50%8.48%
9 Rooms or More30, 4.79%, see rank8.98%10.60%
Median Rooms4.90, see rank5.305.50

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

Bedrooms

 Meridian, TXTexasU.S.
Total Housing Units626, 100%10,187,189132,741,033
No Bedroom17, 2.72%, see rank1.85%2.17%
1 Bedroom71, 11.34%, see rank12.69%11.16%
2 Bedrooms260, 41.53%, see rank23.33%26.69%
3 Bedrooms216, 34.50%, see rank41.71%39.70%
4 Bedrooms47, 7.51%, see rank17.12%16.05%
5 or More Bedrooms15, 2.40%, see rank3.30%4.22%

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

House Heating Fuel

 Meridian, TXTexasU.S.
Total Housing Units559, 100%9,013,582116,211,092
Utility Gas287, 51.34%, see rank37.22%48.85%
Bottled, Tank, or LP Gas18, 3.22%, see rank3.42%4.86%
Electricity247, 44.19%, see rank58.19%36.68%
Fuel Oil, Kerosene, etc.0, 0.00%, see rank0.12%5.86%
Coal or Coke0, 0.00%, see rank0.01%0.12%
Wood0, 0.00%, see rank0.43%2.12%
Solar Energy0, 0.00%, see rank0.01%0.05%
Other Fuel0, 0.00%, see rank0.16%0.47%
No Fuel Used7, 1.25%, see rank0.44%1.00%

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

Gross Rent

Monthly RentalMeridian, TXTexasU.S.
Occupied Units Paying Rent258, 100%3,174,41239,201,928
$199 or Less9, 3.49%, see rank1.28%1.50%
$200 to $29932, 12.40%, see rank2.20%3.18%
$300 to $49951, 19.77%, see rank6.35%7.37%
$500 to $699111, 43.02%, see rank19.10%16.01%
$700 to $99938, 14.73%, see rank35.25%29.17%
$1,000 to $1,49915, 5.81%, see rank26.13%26.88%
$1,500 to $1,9990, 0.00%, see rank6.97%9.79%
$2,000 or More2, 0.78%, see rank2.73%6.10%
Median$544, see rank$870$920

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

Vehicle Available

 Meridian, TXTexasU.S.
Occupied Housing Units559, 100%9,013,582116,211,092
No Vehicles Available36, 6.44%, see rank5.88%9.12%
1 Vehicles Available244, 43.65%, see rank34.31%33.80%
2 Vehicles Available195, 34.88%, see rank40.44%37.48%
3 or More Vehicles Available84, 15.03%, see rank19.37%19.61%

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


 
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