The typical owner-occupied home in Meredith is worth about $450,000, 12% above the New Hampshire median of $402,500 and 35% above the national median of $332,700. Owners pay a median $3,947 a year in property taxes, about 0.88% of their home's value, lower than the New Hampshire rate of 1.66%. The median household earns $59,375 a year, so the median home costs 7.6 times the median income (4.1 times for New Hampshire). 57% of occupied homes here are lived in by their owners, and 58% of those owners still have a mortgage.
Meredith at a glance
| Meredith | New Hampshire | U.S. | |
|---|---|---|---|
| Median home value | $450,000 | $402,500 | $332,700 |
| Median property tax paid per year | $3,947 | $6,667 | $3,119 |
| Property tax as a share of value | 0.88% | 1.66% | 0.94% |
| Median household income | $59,375 | $99,031 | $80,734 |
| Homes lived in by their owners | 57% | 73% | 65% |
| Owner homes with a mortgage | 58% | 62% | 61% |
| Median monthly costs, owners with a mortgage | $2,532 | $2,367 | $1,963 |
| Those costs as a share of the owners' income | 19.0% | 21.9% | 21.0% |
| Median rent | $1,046 | $1,491 | $1,413 |
| Rent as a share of renters' income | 29.2% | 29.4% | 30.6% |
| Median year homes were built | 1975 | 1979 | 1980 |
| Vacant homes | 32.8% | 14.3% | 10.1% |
| Population | 2,617 | 1,394,868 | 334,922,499 |
What a typical home costs per month in Meredith
At this week's average 30-year rate of 7.11%, buying the median Meredith home of $450,000 with 20% down costs about $2,939 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $3,689, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $125,967 for the 20%-down payment. That payment is 59% of the median Meredith household income of $59,375; at that income and 20% down, the 28% guideline points to a home of about $212,000.
The median rent here is $1,046 a month, so owning the median home costs about $1,893 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $90,000 |
|---|---|
| Loan amount | $360,000 |
| Principal and interest | $2,422 |
| Property taxes (0.88% a year) | $330 |
| Homeowners insurance (our estimate, 0.5% a year) | $188 |
| PMI | $0 |
| Total per month | $2,939 |
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| Down payment | $15,750 |
|---|---|
| Loan amount | $441,849 |
| Principal and interest | $2,972 |
| Property taxes (0.88% a year) | $330 |
| Homeowners insurance (our estimate, 0.5% a year) | $188 |
| FHA mortgage insurance | $199 |
| Total per month | $3,689 |
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Questions about home buying in Meredith
What is the median home value in Meredith?
About $450,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Meredith?
Homeowners pay a median $3,947 a year, which is about 0.88% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Meredith?
For the median home with 20% down at 7.11%, the payment is about $2,939 a month. Keeping that under 28% of gross income takes about $125,967 a year.
More about Meredith
- Mortgage Refinance in Meredith
- Debt Relief in Meredith
- Home Equity Loans in Meredith
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data