Meridian Hills, IN
Population 1,708 · Indiana
About Meridian Hills, IN
Meridian Hills is a small town located in Indiana with a population of 1,708 residents according to the latest US Census Bureau American Community Survey data. The median household income is $205,982 per year, which is 174% above the national median of $75,149. The median age of 46.1 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Meridian Hills features a median home value of $637,800, which is 160% above the national median of $244,900. This places Meridian Hills in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 665 total housing units, 99% are owner-occupied (636 units) and 1% are renter-occupied (5 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Meridian Hills shows an unemployment rate of 3.3%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 1.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Meridian Hills have an average one-way commute time of 19 minutes, one of the shorter commutes in the region.
Education & Demographics
79.8% of Meridian Hills residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 0.2% White, 0.2% Hispanic or Latino, 0.0% Black or African American, and 1.9% Asian residents, with 5.3% of the population being foreign-born.
How Meridian Hills Ranks in Indiana
Cost of Living in Meridian Hills, IN
Compared to national averages, Meridian Hills has a median household income of $205,982 (174% above the national median of $75,149). Home values average $637,800, which is 160% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Indiana, Meridian Hills's income is 197% above the state average of $69,330, and home values are 290% above the state median of $163,409.
Why Live in Meridian Hills, IN?
Meridian Hills offers a strong local economy with a median household income of $205,982, well above the national average, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 3.3%. Additionally, the city features a well-educated community where 79.8% of residents hold a bachelor’s degree or higher, and a low poverty rate of 1.3%, better than the national average, and short commute times averaging just 19 minutes.
Potential considerations include a competitive housing market where the typical home costs $637,800. However, Meridian Hills’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Meridian Hills has a population of 1,708 with a median age of 46.1 years. Compare Meridian Hills with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Meridian Hills
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Hagerstown | 1,710 | $59,350 | $115,600 | Compare |
| Brookston | 1,703 | $62,375 | $132,700 | Compare |
| Crothersville | 1,701 | $52,039 | $112,800 | Compare |
| Arcadia | 1,696 | $66,852 | $164,400 | Compare |
| Foxcliff Estates | 1,693 | $151,406 | $468,300 | Compare |
| Clermont | 1,740 | $81,979 | $192,400 | Compare |
| Westport | 1,666 | $52,083 | $136,500 | Compare |
| Haubstadt | 1,754 | $72,104 | $220,000 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Indiana
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Meridian Hills With Other Cities
Frequently Asked Questions about Meridian Hills
What is the population of Meridian Hills, IN?
The population of Meridian Hills, IN is 1,708 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Indiana.
What is the median household income in Meridian Hills?
The median household income in Meridian Hills, IN is $205,982 per year, which is 174% above the national median of $75,149.
What is the median home value in Meridian Hills?
The median home value in Meridian Hills, IN is $637,800, which is 160% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Meridian Hills?
The median monthly rent in Meridian Hills, IN is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Meridian Hills?
The unemployment rate in Meridian Hills, IN is 3.3%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Meridian Hills, IN a good place to live?
Meridian Hills offers above-average incomes, a competitive housing market, and a strong job market. With a population of 1,708 and a median age of 46.1, the city appeals to established professionals and retirees.
How educated is Meridian Hills, IN?
79.8% of residents in Meridian Hills aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Meridian Hills?
Key cost-of-living indicators for Meridian Hills, IN: median home value is $637,800 (160% above national), median rent is $0/month, and median household income is $205,982. The home-value-to-income ratio is 3.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Meridian Hills?
The poverty rate in Meridian Hills, IN is 1.3%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Meridian Hills, IN?
Meridian Hills's population is 0.2% White, 0.2% Hispanic or Latino, 0.0% Black or African American, 1.9% Asian, and 1.6% two or more races. 5.3% of residents are foreign-born.