What is the median home price in Meriden?

The median home price in Meriden, Meriden city, Connecticut is $199,100, which is 29% below the national average of 281,900 ($281,900).

Meriden, Meriden city, Connecticut has a violent crime rate of 0.4 per 1,000 residents, which is 89% below the national average, making it relatively safe. The national average is 3.6 per 1,000 residents. The property crime rate is 25.6 per 1,000 residents.

What is the Walk Score for Meriden?

Meriden, Meriden city, Connecticut has a Walk Score of 32 out of 100, classified as "Car-Dependent." The national average Walk Score is 48/100. The bike score is 30/100.

What is the median household income in Meriden?

The median household income in Meriden, Meriden city, Connecticut is $63,671, which is 15% below the national average of 74,580 ($74,580).

What is the average rent in Meriden?

The median rent in Meriden, Meriden city, Connecticut is $1,583 per month. The national average median rent is $1,163/month.

What is the air quality in Meriden?

Meriden, Meriden city, Connecticut has an Air Quality Index (AQI) of 38, categorized as "Good." The national average AQI is 42. An AQI under 50 is considered "Good."

What is the population of Meriden?

The population of Meriden, Meriden city, Connecticut is approximately 60,556. The homeownership rate is 87.0% (national average: 65.9%).

What are the climate risks in Meriden?

Meriden, Meriden city, Connecticut has an overall climate risk rating of "Relatively Low" with a risk score of 49.75. This assessment considers hazards such as flooding, wildfire, extreme heat, and severe storms.

Is Meriden affordable?

Meriden, Meriden city, Connecticut has an affordability index of 153, which is above the national baseline of 100, indicating relatively affordable housing. The electricity rate is 12.7¢/kWh (national average: 16.6¢/kWh).

What is the unemployment rate in Meriden?

The unemployment rate in Meriden, Meriden city, Connecticut is 8.4%. The national average unemployment rate is 3.7%. The poverty rate is 15.7% (national average: 12.4%).

Meriden

Meriden city, Connecticut

Affordable

About Meriden

If you're seeking a blend of New England charm and remarkable affordability, Meriden, Connecticut should be on your radar. This city of just over 60,000 residents offers a refreshing alternative to the soaring costs of many areas. Here you'll find a median home value of around $199,100, which is a steal compared to the national average. Despite the lower cost of living, you won't be sacrificing quality of life. Meriden offers a friendly, community-focused atmosphere, with a pace of life that's relaxed yet vibrant.

From an investment perspective, Meriden presents a compelling case. The median household income hovers around $63,671, indicating a stable local economy. With housing prices well below the national median, your dollar stretches much further here. While data on things like the unemployment rate and walkability is not provided, the affordability and the safe, community-oriented lifestyle make Meriden ideal for first-time homebuyers, young families, and anyone looking to escape the relentless upward pressure on living expenses found in many other parts of the country.

Meriden, Connecticut at a Glance

Meriden is a city in Meriden city, Connecticut with a population of approximately 60,556. The median home value is $199,100 and the median household income is $63,671. It has a Walk Score of 32 out of 100, indicating car dependency. The violent crime rate is 0.4 per 1,000 residents, which is 89% below the national average. Air quality is rated Good. The overall climate risk is rated as "Relatively Low." Median rent is $1,583 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.