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Meridian

Learn about the people, housing, costs and businesses in Meridian, Mississippi

Median Home$107,358
Median Rent$865/month
Population34,542
Leading IndustriesFinance & Insurance · Information & Media9% finance & insurance
Home Value Growth⬆⬆+15.8% over 2 years
Young Adults30% of residentsabove average nationally
Renters51% of occupied units
NotableAmenity Score73/100 · highly walkable area
NotableTransit80/100 · excellent transit access
Meridian
MS

Frequently Asked Questions

What are today's mortgage rates in Meridian?

As of today, the 30-year fixed mortgage rate for Meridian is approximately 7.018% (7.058% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Meridian?

The median home value in Meridian is $107k. The median monthly rent is $865. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Meridian?

Home values in Meridian have increased 15.8% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Meridian?

Based on a typical all-in ownership cost of $772/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $33k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Meridian is $37k/year.

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What industries drive the economy in Meridian?

The largest employment sectors in Meridian are public administration (25%) and information and media (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.