Living in Midway, North Carolina
Cost of living, income, home prices, rent and demographics of Midway · Census data 2020–2024
Midway has 4,897 residents with a median age of 48.3. The median household income is $83,446 (15% higher than the North Carolina median), the median home value is $274,100, the median rent is $778/month.
Midway at a glance
- Population
- 4,897
- Median age
- 48.3State: 39.1
- Median household income
- $83,446State: $72,388
- Median home value
- $274,100State: $288,900
- Median rent
- $778/moState: $1,228
- Homeowners
- 89.5%
- Bachelor's degree or higher
- 22.5%
- Average commute
- 21 min
Is Midway a good place to live?
Pros: Median household income 15% higher than the North Carolina median; home values 5% lower than the state median; an average commute of 21 minutes; unemployment of 2.7%; a poverty rate of 5%.
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 $274,100, 18% lower than the U.S. median. Renters pay a median of $778 per month, which is 23% of household income. Homeowners with a mortgage pay $1,754 a month in housing costs.
Midway median household income
The median household income in Midway is $83,446 and the income per person is $34,532. 5% of residents live below the poverty line (North Carolina: 13%).
Housing in Midway: homes for sale and rent
- Housing units
- 2,037
- Owner-occupied
- 89.5%
- Renter-occupied
- 10.5%
- Vacant
- 1.3%Includes seasonal homes
- Median year built
- 1983
- Average household size
- 2.44
Midway demographics
- Population
- 4,897
- Median age
- 48.3
- Under 18
- 16.6%
- 65 and older
- 21%
- Households
- 2,010
- Foreign-born
- 2%
- Veterans
- 7.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Midway ›
Education in Midway
22.5% of adults 25 and older in Midway have a bachelor's degree or higher (North Carolina: 35.7%), and 4% have a graduate or professional degree.
Jobs and commute in Midway
- Unemployment rate
- 2.7%State: 4.7%
- Average commute
- 21 minState: 25 min
- Work from home
- 19.3%
- Drive alone
- 69.7%
- Public transit
- 0%
- Walk to work
- 0.7%
- Homes with broadband
- 88.3%
Midway vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Midway | 4,897 | $83,446 | $274,100 | $778 |
| Wallburg | 3,150 | $88,406 | $343,700 | — |
| Welcome | 3,521 | $63,353 | $200,800 | $836 |
| Winston-Salem | 252,037 | $59,268 | $233,800 | $1,087 |
| Advance | 1,408 | $115,391 | $434,400 | $819 |
| Clemmons | 21,871 | $87,655 | $335,800 | $1,269 |
| Thomasville | 27,321 | $60,935 | $179,300 | $879 |
| Yadkin College | 400 | $110,219 | $253,300 | — |
| Bermuda Run | 3,211 | $69,301 | $347,600 | $1,142 |
More for people moving to Midway
Midway ZIP code ›Weather and climate ›Living in Midway: FAQ
What is the median household income in Midway, NC?
The median household income in Midway is $83,446, 15% higher than the North Carolina median of $72,388 (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 $274,100, compared with $288,900 in North Carolina.
How much is rent in Midway?
The median gross rent in Midway is $778 per month, about 23% of household income.
Is Midway, NC a good place to live?
Pluses: median household income 15% higher than the North Carolina median; home values 5% lower than the state median; an average commute of 21 minutes; unemployment of 2.7%; a poverty rate of 5%.
What is the median age in Midway?
The median age in Midway is 48.3 years (North Carolina: 39.1).
How long is the commute in Midway?
The average commute to work in Midway is 21 minutes; 19.3% of workers work from home.
What is the unemployment rate in Midway?
The unemployment rate in Midway is 2.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Midway?
22.5% 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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