Meridian Division TX Demographic Data and Boundary Map
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Meridian Division, TX
The Meridian Division is a County Subdivision of Bosque County.
The subdivision has a Z5 Census Class Code which indicates that the Meridian Division is a statistical county subdivision.
Meridian Division Data & Demographics (As of July 1, 2024)
POPULATION
Total Population
6,506 (100%)
Population in Households
6,457 (99.2%)
Population in Families
5,264 (80.9%)
Population in Group Quarters1
49 ( 0.8%)
Population Density
16
Diversity Index2
58
INCOME
Median Household Income
$64,457
Average Household Income
$90,509
% of Income for Mortgage4
19%
Per Capita Income
$37,352
Wealth Index5
93
HOUSING
Total HU (Housing Units)
3,428 (100%)
Owner Occupied HU
2,136 (62.3%)
Renter Occupied HU
548 (16.0%)
Vacant Housing Units
744 (21.7%)
Median Home Value
$191,903
Average Home Value
$281,941
Housing Affordability Index3
132
HOUSEHOLDS
Total Households
2,684
Average Household Size
2.41000000000
Family Households
1,787
Average Family Size
3
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.