Home Affordability in 83642
Meridian, ID — Ada County
The median home price in ZIP code 83642 (Meridian) is $465,000 with a median household income of $68,000. The price-to-income ratio is 6.8x.
Median Home Price
$465,000
Median Income
$68,000
Price-to-Income
6.8x
Est. Affordable Home
$264,000
Property Tax Rate
0.66%
Annual Property Tax
$3,069
Cost of Living
107
Metro Area
Boise MSA
Down Payment Scenarios for ZIP 83642
| Down Payment | Amount | Loan Amount | PMI |
|---|---|---|---|
| 3% | $13,950 | $451,050 | Yes |
| 5% | $23,250 | $441,750 | Yes |
| 10% | $46,500 | $418,500 | Yes |
| 20% | $93,000 | $372,000 | No |
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