Area Insights of 83642, Meridian, ID

Stay ahead with market trends and local insights that matter.

Demand Insights

The market maintains its steady pace indicating a consistent buyer interest. A total of 1305 homes were sold with 203 properties undergoing price cuts. Leverage these insights to assess market conditions and plan your next move.

Location

83642, Meridian, ID

Date

05-20-2023

Price Ratio

99%

Schools

Choosing the right school is crucial for your child's education. Compare ratings, distance, and academic offerings across elementary, middle and high schools to make a well-informed decision.

Elementary School

The Preschool & Kindergarten @Ten Mile Christian

PK to KG

Middle School

Crossroads Middle School

6 to 8

Lewis and Clark Middle School

6 to 8

Ratings

B-

Victory Middle School

6 to 8

Ratings

A-

High School

Swan Falls High School

9 to 12

Idaho Technical Career Academy

9 to 12

Ratings

D-

Ada Professional-Technical Center

10 to 12

Renaissance High School

9 to 12

Ratings

A+

Insight School of Idaho

6 to 12

Climate

Weather plays a crucial role in real estate decisions. Consider environmental factors like flood risks, wildfire hazards, extreme heat, and other climate conditions for a well-informed choice.

Weather Indices
Scaled to National average of 100 for each category.
Temperature

Demographics

Population dynamics, income levels, and employment patterns are key indicators of real estate demand and future growth. Use these insights to make well-informed decisions.

Population

With a steadily growing population, the area offers a vibrant community atmosphere. Current data indicates a population increase of 31% since 2010, reflecting rising demand for housing and local amenities. This trend highlights the area's potential for continued development and long-term residential appeal.

Population (58,540)
29,153 Male
29,387 Female
Education
21% High School
9% Associate
27% Bachelor
13% Graduate
Age

Average Age is 38 Years

Household Details

The area's household landscape is diverse, with 71% owner-occupied homes and 29% renter-occupied properties. Family households represent 77% of the population, indicating a strong community focus on family living. The average home value stands at $593,468, which suggests ample demand for multi-bedroom properties.

Total Households
21,682
Average home value
$593,468
Owned
71%
Rented
29%
Vacant
6%
Families
77%
Married
65%
With children
34%

Racial Diversity

The area's community showcases a dynamic blend of cultures, contributing to a rich and inclusive environment. Demographic data highlights a diverse composition, with 3% Asian, 1% Black, and 1% Native residents, alongside 83% White and 10% Hispanic/Other populations. This multicultural landscape offers residents a vibrant and culturally enriched living experience.

Income

The area reflects a well-distributed income pattern with approximately 43% of households earning over $100,000 annually, while 33% fall within the $50,000 to $100,000 range. The median income stands at $75,000, signalling a financially stable community with growth potential.

Employment

The area has a diverse workforce with employment spanning across sectors like technology, healthcare, education, and retail. Below is the percentage of residents employed across various industries, highlighting the region's balanced and dynamic economic landscape.

% of People are working in various industries.

Arts
1%
Healthcare
14%
Professional
11%
Education
7%
Services
23%
Labor
19%
Retail
17%
Other
8%
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