Real Estate Prices and Overview
Median real estate prices in the City Center of Meridian are $182,782, which is more expensive than 70.0% of the neighborhoods
in Idaho and 56.9% of the
neighborhoods in the U.S.
Average rental prices in Meridian City Center are currently
$998, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 81.1%
of the neighborhoods in Idaho.
Meridian City Center is a suburban neighborhood (based on population
density) located in Meridian, Idaho.
Real estate in the City Center of Meridian, ID is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments.
Most of the residential real estate is occupied by a mixture of owners and renters. Many of
the residences in the City Center neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
Meridian City Center has a 12.3% vacancy rate, which is
well above average compared to other U.S. neighborhoods (higher than
64.2% of American neighborhoods). This could either
signal that there is weak demand for real estate in the neighborhood,
or that much of the housing stock is seasonally occupied,
which can occur in some markets dominated by colleges or vacation homes.
Either way, if you live here year round, you will find many of the homes
or apartments are empty for all or a portion of the year.
Notable & Unique Neighborhood Characteristics
Many things matter about a neighborhood, but the first thing most people notice
is the way a neighborhood looks and its particular character. For example, one
might notice whether the buildings all date from a certain time period or whether
shop signs are in multiple languages. This particular neighborhood in Meridian,
the City Center neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: Diversity
Did you know that the Meridian City Center neighborhood has more
Spanish ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 1.6% of
this neighborhood's residents have Spanish ancestry.
The Neighbors: Income
There are two complementary measures for understanding the income of a
neighborhood's residents: the average and the extremes. While a neighborhood
may be relatively wealthy overall, it is equally important to understand
the rate of people - particularly children - who are living at or below the
federal poverty line, which is extremely low income. Some neighborhoods with
a lower average income may actually have a lower childhood poverty rate than
another with a higher average income, and this helps us understand the
conditions and character of a neighborhood.
The neighbors in the City Center neighborhood in Meridian are middle-income, making it a moderate income neighborhood.
NeighborhoodScout's exclusive analysis reveals that this neighborhood has
a higher income than 50.6% of the neighborhoods in America.
In addition, 14.8% of the children seventeen and under
living in this neighborhood are living below the federal poverty line, which
is a lower rate of childhood poverty than is found in 51.8%
of America's neighborhoods.
The Neighbors: Occupations
The old saying "you are what you eat" is true. But it is also true that you
are what you do for a living. The types of occupations your neighbors have
shape their character, and together as a group, their collective occupations
shape the culture of a place.
In the Meridian City Center neighborhood, 36.2%
of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is
sales and service jobs, from major sales accounts, to working in fast food restaurants, with 28.7% of the residents employed.
Other residents here are employed in clerical, assistant, and tech support occupations
(20.3%), and 14.5% in manufacturing and laborer occupations.
The Neighbors: Ethnicity / Ancestry
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities
and ancestries have different cultural traditions, and as a result, neighborhoods
with concentrations of residents of one or another ethnicities or ancestries
will express those cultures. It is what makes the North End in Boston so fun
to visit for the Italian restaurants, bakeries, culture, and charm, and similarly,
why people enjoy visiting Chinatown in San Francisco.
In the City Center neighborhood in Meridian, ID, residents
most commonly identify their ethnicity or ancestry as German
(10.3%). There are also a number of people of English ancestry (9.9%) , and residents who report Mexican roots (7.1%) , and some of the residents are also of Irish ancestry (3.9%) , along with some Scottish ancestry residents (1.8%), among others.
The Neighbors: Languages
The most common language spoken in the Meridian City Center
neighborhood is English, spoken by 92.0% of households. Some people also speak Spanish (4.7%).
Getting to Work
How you get to work – car, bus, train or other means – and how much of your
day it takes to do so is a large quality of life and financial issue. Especially
with gasoline prices rising and expected to continue doing so, the length and
means of one's commute can be a financial burden. Some neighborhoods are physically
located so that many residents have to drive in their own car, others are set
up so many walk to work, or can take a train, bus, or bike.
The greatest number of commuters in Meridian City Center neighborhood spend
between 15 and 30 minutes commuting one-way to work (52.1% of working
residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (87.8%) drive alone in a private automobile to get to work.
In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (11.1%) . In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.