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Meridian, OK Real Estate


According to census data in the year 2000 there were 624 housing units in Meridian. This represents a 2.5% growth from 609 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 624 were located in what is classified as a rural area.

Homeownership rate in Meridian is about 87.4%. Meridian's vacancy rate, including seasonal lodging, is about 11.1%. Average household size is 2.62 people.

The majority of houses, apartments or condos in Meridian were built after 1972.

Statistics

Housing Size

Housing Units by Size
Studio Type2.20%
One Bedroom1.40%
Two Bedrooms31.30%
Three Bedrooms57.70%
Four Bedrooms7.10%
Five Bedrooms or more0.30%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.66
Median year structure was built1972
Median Value of occupied units$42,300
Median Price asked for vacant units$27,500

Rented Homes, Apartments and Condos

Average Household Size2.34
Median year structure was built1972
Median Monthly Rent asked for vacant units$288

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.70%
Home Equity Loan1.30%
Simple Mortgage50.30%
Debt Free43.70%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14.3%