Meridian Hills, IN Real Estate
According to census data in the year 2000 there were 682 housing units in Meridian Hills.
This represents a 1.3% growth from 673 in 1990.
Of those housing units, 682 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Meridian Hills is about 95.6%.
Average household size is 2.53 people.
The majority of houses, apartments or condos in Meridian Hills were built after 1955.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 0% |
| Two Bedrooms | 8.50% |
| Three Bedrooms | 48.40% |
| Four Bedrooms | 30.10% |
| Five Bedrooms or more | 13% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.56 |
| Median year structure was built | 1955 |
| Median Value of occupied units | $281,900 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.03 |
| Median year structure was built | 1956 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 8.80% |
| Home Equity Loan | 17.80% |
| Simple Mortgage | 36.80% |
| Debt Free | 36.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13% |
