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    Meridian, MS (City Center)





    Real Estate Prices & Overview

    Median real estate price in the City Center of Meridian is $126,261, which is less expensive than 70.8% of Mississippi neighborhoods and 92.0% of all U.S. neighborhoods.

    The average rental price in Meridian City Center is currently $1,309, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 51.7% of Mississippi neighborhoods.

    Meridian City Center is a rural neighborhood (based on population density) located in Meridian, Mississippi.

    Real estate in the City Center of Meridian, MS is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the City Center neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

    Vacant apartments or homes are a major fact of life in Meridian City Center. The current real estate vacancy rate here is 30.3%. This is higher than the rate of vacancies in 95.5% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.

    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.

    Occupations

    From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Meridian City Center neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 100.0% of all American neighborhoods.

    Furthermore, the Meridian City Center neighborhood has a greater proportion of government workers living in it than 98.7% of the neighborhoods in America, according to NeighborhoodScout's exclusive analysis. This is a unique feature of this neighborhood, and one that shapes its character.

    Length of Commute

    Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Residents of the Meridian City Center neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 94.5% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 99.9% of U.S. neighborhoods. Less time commuting means more time for other things in life.

    People

    The Meridian City Center neighborhood stands out for having an average per capita income lower than 99.7% of the neighborhoods in the United States. Also of note, 100.0% of the children in this area live in poverty; an extraordinarily high percentage compared to other neighborhoods in the nation. In a nation where approximately one in four children grows up in poverty, this neighborhood stands out for the depth of the problem manifested here.

    In addition, of particular note, 12.1% of the people in the City Center neighborhood currently reside in a correction facility, held due to punishment for a crime.

    Also, neighborhoodScout's exclusive research revealed that 93.6% of the adult residents in the Meridian City Center neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 96.5% of the neighborhoods in America.

    Car Ownership

    We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the Meridian City Center neighborhood has a highly unusual pattern of car ownership. 46.0% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 98.4% of U.S. neighborhoods.

    Real Estate

    Renter-occupied real estate is dominant in the Meridian City Center neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 92.6%, which is higher than 97.5% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so. Despite all of the residential real estate here in the Meridian City Center neighborhood, NeighborhoodScout has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 30.3%, which is higher than 95.5% of all U.S. neighborhoods.

    Modes of Transportation

    Our research shows that more people carpool to work here in the Meridian City Center (26.0%) than in 97.3% of the neighborhoods in America.

    The Neighbors

    How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

    The neighbors in the City Center neighborhood in Meridian are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 99.7% of U.S. neighborhoods. With 100.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 99.9% of U.S. neighborhoods.

    What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

    In the Meridian City Center neighborhood, 68.0% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 20.0% of the residents employed. Other residents here are employed in government jobs, whether they are in local, state, or federal positions (18.5%), and 9.5% in manufacturing and laborer occupations.

    Languages

    The most common language spoken in the Meridian City Center neighborhood is English, spoken by 97.3% of households. Some people also speak Spanish (2.3%).

    Ethnicity / Ancestry

    Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

    In the City Center neighborhood in Meridian, MS, residents most commonly identify their ethnicity or ancestry as English (7.4%). There are also a number of people of German ancestry (6.8%), and residents who report Sub-Saharan African roots (4.6%), and some of the residents are also of African ancestry (4.6%), along with some Irish ancestry residents (4.4%), among others.

    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 under 15 minutes commuting one-way to work (94.5% of working residents), one of the shortest commutes across America.

    Here most residents (59.5%) 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 (26.0%) and 6.0% of residents also hop out the door and walk to work for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.

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