Meridian

Idaho

Meridian

Idaho

A robust economy and continued population growth drive increased investor interest in one of Boise’s affluent, more under-supplied cities.

Overview

Meridian

Meridian’s strategic location within the Boise metro area, combined with its high quality of life and economic vitality, drives strong, and currently under served, housing demand. Already an economic hub with over 9,300 jobs through employers such as West Ada School District, Blue Cross, St. Luke’s Walmart, and Scentsy, Meridian has experienced remarkable 14.5% growth since 2020, with its population reaching 142,830. This expansion is fueled by a robust economic environment, evidenced by a median household income of $103,500 and a median home value of $536,000. The combination of under served growth and economic improvement creates a compelling opportunity for new supply to meet the needs of a growing and affluent population.

Market Highlights

Meridian

2.96%

Unemployment

1.7%

YoY Job Growth

2.3 Months

Home Inventory

4.3%

Vacancy Rate

44 Days

Avg. Days
on Market

~22 Minutes

Avg. Commute

Demographics

Meridian

$103,500

Average Household Income

$536,000

Median Single-Family Price

51 / 49%

Female / Male

20.87%

Renters

3,657 / sqm

Population Density

142,830

Population

Meridian Development

“By 2035, Meridian will be the West’s premier community in which to live, work and raise a family.”

– Meridian Mayor
Robert Simison

Meridian Growth
by Fromley

Coming Soon

Add Idaho to your real estate portfolio

Favorable job growth, absorption, and improving interest rates make Idaho high-growth market. Connect with Fromley for early-stage investment opportunities.

Compare listings

Compare