Meridian, MS Real Estate
According to census data in the year 2000 there were 17,952 housing units in Meridian.
This represents a 1.2% growth from 17,740 in 1990.
Of those housing units, 17,052 were located in either urbanized areas or urban clusters, and 900 were located in what is classified as a rural area.
Homeownership rate in Meridian is about 56.7%.
Meridian's vacancy rate, including seasonal lodging, is about 11%.
Average household size is 2.39 people.
The majority of houses, apartments or condos in Meridian were built after 1965.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.70% |
| One Bedroom | 13.80% |
| Two Bedrooms | 31.30% |
| Three Bedrooms | 42.20% |
| Four Bedrooms | 9.20% |
| Five Bedrooms or more | 1.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.43 |
| Median year structure was built | 1962 |
| Median Value of occupied units | $59,600 |
| Median Price asked for vacant units | $53,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.34 |
| Median year structure was built | 1968 |
| Median Monthly Rent asked for vacant units | $327 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 4.40% |
| Home Equity Loan | 3% |
| Simple Mortgage | 47.70% |
| Debt Free | 44.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.6% |
