Meridian Hills, IN Profile: Facts & Data

Meridian Hills, Indiana - Basic Facts

The Town of Meridian Hills had a population of 1,774 as of July 1, 2025.

The primary coordinate point for Meridian Hills is located at latitude 39.89 and longitude -86.1572 in Marion County. The formal boundaries for the Town of Meridian Hills encompass a land area of 1.48 sq. miles and a water area of 0 sq. miles. Marion County is in the Eastern time zone (GMT -5).

The Town of Meridian Hills has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The Town of Meridian Hills is located within Township of Washington, a minor civil division (MCD) of Marion County.

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Meridian Hills, IN Data & Demographics (As of July 1, 2025)

POPULATION
Total Population	1,774 (100%)
Population in Households	1,774 (100.0%)
Population in Families	1,591 (89.7%)
Population in Group Quarters¹	0
Population Density	1,201
Diversity Index²	24


INCOME
Median Household Income	$205,555
Average Household Income	$276,959
% of Income for Mortgage⁴	20%
Per Capita Income	$101,323
Wealth Index⁵	311
Socioeconomic Status Index⁶	High (73.0)

HOUSING
Total HU (Housing Units)	685 (100%)
Owner Occupied HU	618 (90.2%)
Renter Occupied HU	31 ( 4.5%)
Vacant Housing Units	36 ( 5.3%)
Median Home Value	$646,084
Average Home Value	$833,180
Housing Affordability Index³	119

HOUSEHOLDS
Total Households	649
Average Household Size	2.73
Family Households	508
Average Family Size	3.00

HOUSING

Total HU (Housing Units)

685 (100%)

Owner Occupied HU

618 (90.2%)

Renter Occupied HU

31 ( 4.5%)

Vacant Housing Units

36 ( 5.3%)

Median Home Value

$646,084

Average Home Value

$833,180

Housing Affordability Index³

119

HOUSEHOLDS

Total Households

649

Average Household Size

2.73

Family Households

508

Average Family Size

3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR	2020-2025	2025-2030
Population	0.00%	-0.14%
Households	-0.23%	-0.09%
Families		-0.80%
Median Household Income		1.91%
Per Capita Income		1.55%
Owner Occupied HU		-0.52%

GROWTH RATE / YEAR

2020-2025

2025-2030

Population

0.00%

-0.14%

Households

-0.23%

-0.09%

Families

-0.80%

Median Household Income

1.91%

Per Capita Income

1.55%

Owner Occupied HU

-0.52%

Meridian Hills, IN - Peer Comparisons by Rank and Percentile

The table below compares Meridian Hills to the other 976 incorporated cities, towns and CDPs in Indiana by rank and percentile using July 1, 2025 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description	Rank	Percentile
Total Population	# 248	75th
Population Density	# 374	62nd
Median Household Income	# 2	100th
Housing Affordability Index	# 519	53rd
Per Capita Income	# 2	100th
Diversity Index	# 297	70th

Variable Description

Rank

Percentile

Total Population

# 248

75th

Population Density

# 374

62nd

Median Household Income

# 2

100th

Housing Affordability Index

# 519

53rd

Per Capita Income

# 2

100th

Diversity Index

# 297

70th

Indiana Census Data Comparison Tool

Meridian Hills, IN Profile: Facts & Data

Meridian Hills, Indiana - Basic Facts

Meridian Hills, IN Data & Demographics (As of July 1, 2025)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Meridian Hills, IN - Peer Comparisons by Rank and Percentile

Meridian Hills, IN - Most Popular Things to Do

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Marion County