Meridian, TX Real Estate
According to census data in the year 2000 there were 613 housing units in Meridian.
This represents a 1.1% decline from 620 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 613 were located in what is classified as a rural area.
Homeownership rate in Meridian is about 67.4%.
Meridian's vacancy rate, including seasonal lodging, is about 14.4%.
Average household size is 2.6 people.
The majority of houses, apartments or condos in Meridian were built after 1965.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.10% |
| One Bedroom | 15.50% |
| Two Bedrooms | 32.50% |
| Three Bedrooms | 40.80% |
| Four Bedrooms | 9.60% |
| Five Bedrooms or more | 0.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.77 |
| Median year structure was built | 1960 |
| Median Value of occupied units | $45,600 |
| Median Price asked for vacant units | $72,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.26 |
| Median year structure was built | 1971 |
| Median Monthly Rent asked for vacant units | $238 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 1.60% |
| Home Equity Loan | 2.20% |
| Simple Mortgage | 46.30% |
| Debt Free | 49.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.6% |
