Living in Meridian, Colorado
Cost of living, income, home prices, rent and demographics of Meridian · Census data 2020–2024
Meridian has 5,634 residents with a median age of 32. The median household income is $89,877 (6% lower than the Colorado median), the median home value is $581,100, the median rent is $1,992/month.
Meridian at a glance
- Population
- 5,634
- Median age
- 32State: 37.7
- Median household income
- $89,877State: $95,470
- Median home value
- $581,100State: $539,400
- Median rent
- $1,992/moState: $1,761
- Homeowners
- 14.1%
- Bachelor's degree or higher
- 46.1%
- Average commute
- 19 min
Is Meridian a good place to live?
Pros: An average commute of 19 minutes; a poverty rate of 8.8%.
Cons: Median household income 6% lower than the Colorado median; home values 8% higher than the state median; unemployment of 5.8%.
The weather is best in May–June and August–September.
Cost of living in Meridian
Housing is the biggest part of the cost of living. In Meridian the median home value is $581,100, 75% higher than the U.S. median. Renters pay a median of $1,992 per month, which is 29.4% of household income. Homeowners with a mortgage pay $2,825 a month in housing costs.
Meridian median household income
The median household income in Meridian is $89,877 and the income per person is $49,170. 8.8% of residents live below the poverty line (Colorado: 9.4%).
Housing in Meridian: homes for sale and rent
- Housing units
- 2,938
- Owner-occupied
- 14.1%
- Renter-occupied
- 85.9%
- Vacant
- 6.2%Includes seasonal homes
- Median year built
- 2005
- Average household size
- 2.03
Meridian demographics
- Population
- 5,634
- Median age
- 32
- Under 18
- 13.8%
- 65 and older
- 11.8%
- Households
- 2,755
- Foreign-born
- 15.2%
- Veterans
- 4.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Meridian ›
Education in Meridian
46.1% of adults 25 and older in Meridian have a bachelor's degree or higher (Colorado: 45.7%), and 13.3% have a graduate or professional degree.
Jobs and commute in Meridian
- Unemployment rate
- 5.8%State: 4.6%
- Average commute
- 19 minState: 25 min
- Work from home
- 12.9%
- Drive alone
- 77.3%
- Public transit
- 0.5%
- Walk to work
- 2.5%
- Homes with broadband
- 92.7%
Meridian vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Meridian | 5,634 | $89,877 | $581,100 | $1,992 |
| Lone Tree | 14,147 | $123,741 | $874,100 | $2,139 |
| Grand View Estates | 567 | $180,625 | $901,000 | — |
| Meridian Village | 2,699 | $190,833 | $732,400 | $3,071 |
| Inverness | 2,934 | $109,135 | $862,300 | $2,242 |
| Sierra Ridge | 3,663 | $158,183 | $862,500 | $1,726 |
| Dove Valley | 4,806 | $81,524 | $455,600 | $1,934 |
| Acres Green | 2,639 | $142,361 | $580,900 | $2,750 |
| Stepping Stone | 3,137 | $223,839 | $785,700 | — |
More for people moving to Meridian
Meridian ZIP code ›Weather and climate ›Living in Meridian: FAQ
What is the median household income in Meridian, CO?
The median household income in Meridian is $89,877, 6% lower than the Colorado median of $95,470 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Meridian?
The median home value in Meridian is $581,100, compared with $539,400 in Colorado.
How much is rent in Meridian?
The median gross rent in Meridian is $1,992 per month, about 29.4% of household income.
Is Meridian, CO a good place to live?
Pluses: an average commute of 19 minutes; a poverty rate of 8.8%. Minuses: median household income 6% lower than the Colorado median; home values 8% higher than the state median; unemployment of 5.8%.
What is the median age in Meridian?
The median age in Meridian is 32 years (Colorado: 37.7).
How long is the commute in Meridian?
The average commute to work in Meridian is 19 minutes; 12.9% of workers work from home.
What is the unemployment rate in Meridian?
The unemployment rate in Meridian is 5.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Meridian?
46.1% of adults in Meridian have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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