Meriden, CT Real Estate
According to census data in the year 2000 there were 24,631 housing units in Meriden.
This represents a 0.8% decline from 24,826 in 1990.
Of those housing units, 24,471 were located in either urbanized areas or urban clusters, and 160 were located in what is classified as a rural area.
Homeownership rate in Meriden is about 59.8%.
Meriden's vacancy rate, including seasonal lodging, is about 6.8%.
Average household size is 2.49 people.
The majority of houses, apartments or condos in Meriden were built after 1959.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.30% |
| One Bedroom | 14.30% |
| Two Bedrooms | 34.70% |
| Three Bedrooms | 36.70% |
| Four Bedrooms | 10.40% |
| Five Bedrooms or more | 2.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.69 |
| Median year structure was built | 1958 |
| Median Value of occupied units | $119,000 |
| Median Price asked for vacant units | $109,600 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.18 |
| Median year structure was built | 1962 |
| Median Monthly Rent asked for vacant units | $526 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 8.70% |
| Home Equity Loan | 7.60% |
| Simple Mortgage | 51.30% |
| Debt Free | 32.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.9% |
