Living in Midway, Arkansas
Cost of living, income, home prices, rent and demographics of Midway · Census data 2020–2024
Midway has 1,279 residents with a median age of 51.6. The median household income is $30,750 (49% lower than the Arkansas median), the median home value is $147,300, the median rent is $1,035/month.
Midway is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Midway at a glance
- Population
- 1,279
- Median age
- 51.6State: 38.5
- Median household income
- $30,750State: $60,773
- Median home value
- $147,300State: $188,000
- Median rent
- $1,035/moState: $947
- Homeowners
- 75.8%
- Bachelor's degree or higher
- 6.6%
- Average commute
- 15 min
Is Midway a good place to live?
Pros: Home values 22% lower than the state median; an average commute of 15 minutes.
Cons: Median household income 49% lower than the Arkansas median; a poverty rate of 30.8%.
The weather is best in April–May and September–October.
Cost of living in Midway
Housing is the biggest part of the cost of living. In Midway the median home value is $147,300, 56% lower than the U.S. median. Renters pay a median of $1,035 per month, which is 51% of household income. Homeowners with a mortgage pay $894 a month in housing costs.
Midway median household income
The median household income in Midway is $30,750 and the income per person is $26,905. 30.8% of residents live below the poverty line (Arkansas: 16%).
Housing in Midway: homes for sale and rent
- Housing units
- 777
- Owner-occupied
- 75.8%
- Renter-occupied
- 24.2%
- Vacant
- 6.3%Includes seasonal homes
- Median year built
- 1978
- Average household size
- 1.76
Midway demographics
- Population
- 1,279
- Median age
- 51.6
- Under 18
- 10.6%
- 65 and older
- 16.7%
- Households
- 728
- Foreign-born
- 3.8%
- Veterans
- 14.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Midway ›
Education in Midway
6.6% of adults 25 and older in Midway have a bachelor's degree or higher (Arkansas: 25.7%), and 1.5% have a graduate or professional degree.
Jobs and commute in Midway
- Unemployment rate
- 0%State: 4.9%
- Average commute
- 15 minState: 23 min
- Work from home
- 2.9%
- Drive alone
- 64.3%
- Public transit
- 0%
- Walk to work
- 15.4%
- Homes with broadband
- 79.8%
Midway vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Midway | 1,279 | $30,750 | $147,300 | $1,035 |
| Lakeview | 851 | $66,786 | $215,700 | $675 |
| Mountain Home | 13,108 | $41,274 | $169,800 | $865 |
| Bull Shoals | 1,678 | $41,976 | $158,100 | $715 |
| Oakland | 146 | $43,358 | — | — |
| Gassville | 1,850 | $38,750 | $142,700 | $739 |
| Cotter | 1,063 | $35,792 | $193,100 | $800 |
| Flippin | 1,334 | $43,555 | $113,800 | $792 |
| Briarcliff | 257 | $61,875 | $192,500 | $854 |
More for people moving to Midway
Midway ZIP code ›Weather and climate ›Living in Midway: FAQ
What is the median household income in Midway, AR?
The median household income in Midway is $30,750, 49% lower than the Arkansas median of $60,773 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Midway?
The median home value in Midway is $147,300, compared with $188,000 in Arkansas.
How much is rent in Midway?
The median gross rent in Midway is $1,035 per month, about 51% of household income.
Is Midway, AR a good place to live?
Pluses: home values 22% lower than the state median; an average commute of 15 minutes. Minuses: median household income 49% lower than the Arkansas median; a poverty rate of 30.8%.
What is the median age in Midway?
The median age in Midway is 51.6 years (Arkansas: 38.5).
How long is the commute in Midway?
The average commute to work in Midway is 15 minutes; 2.9% of workers work from home.
What is the unemployment rate in Midway?
The unemployment rate in Midway is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Midway?
6.6% of adults in Midway have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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