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Meridian

Learn about the people, housing, costs and businesses in Meridian, New York

Median Home$167,600
Median Rent$942/month
Population298
Leading IndustriesFinance & Insurance · Information & Media · Wholesale Trade11% finance & insurance
Home Value Growth⬆⬆+21.0% over 2 years
Young Adults34% of residentswell above average
Homeowners87% of occupied units
NotableTransit93/100 · excellent transit access
Meridian
NY

Frequently Asked Questions

What are today's mortgage rates in Meridian?

As of today, the 30-year fixed mortgage rate for Meridian is approximately 6.824% (6.857% 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 $168k. The median monthly rent is $942. Annual property taxes average $3k. 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 21.0% 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 $1,067/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $46k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Meridian is $80k/year.

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What industries drive the economy in Meridian?

The largest employment sectors in Meridian are public administration (17%) and wholesale trade (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.