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Midway, Florida

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
3,511
Population
$63,381
Median Income
$226,500
Home Value
35.1
Median Age

Demographics

Midway has a population of 3,511 with a median age of 35.1. Here is the racial and ethnic breakdown of the population:

Black
89.0%
Hispanic
9.3%
White
4.4%
Demographic Value
Total Population3,511
Median Age35.1
White4.4%
Black or African American89.0%
Hispanic or Latino9.3%
Midway, Florida — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 103.Black: 86.7%Hispanic/Latino: 9.1%White: 4.3%3,511PopulationBlackBlack86.7%Hispanic/LatinoHispanic/Latino9.1%WhiteWhite4.3%

Income & Economy

The median household income in Midway is $63,381, which is 21.4% below the national median of $80,610. The per capita income is $24,623. The poverty rate is 15.6%.

$63,381
Median Household Income
$24,623
Per Capita Income
15.6%
Poverty Rate

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Education

In Midway, 84.3% of residents age 25+ have a high school diploma or higher, and 25.6% hold a bachelor's degree or higher (8.9% with a graduate or professional degree).

HS Diploma+
84.3%
Bachelor's+
25.6%
Graduate+
8.9%
Education Level % of Adults (25+)
High School Diploma or Higher84.3%
Bachelor's Degree or Higher25.6%
Graduate or Professional Degree8.9%

Housing

The median home value in Midway is $226,500, below the national median of $303,400. The median monthly rent is $1,110. The homeownership rate is 84.5%.

$226,500
Median Home Value
$1,110/mo
Median Rent
84.5%
Homeownership Rate
Housing Metric Value
Median Home Value$226,500
Median Monthly Rent$1,110
Homeownership Rate84.5%
Vacancy Rate4.8%

Salaries in Florida

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Frequently Asked Questions

What is the population of Midway, Florida?
The population of Midway, Florida is 3,511 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Midway, Florida?
The median household income in Midway, Florida is $63,381. This is 21.4% below the national median of $80,610.
What is the median home value in Midway, Florida?
The median home value in Midway, Florida is $226,500. The median monthly rent is $1,110.
What percentage of people in Midway have a college degree?
In Midway, Florida, 25.6% of adults age 25 and older hold a bachelor's degree or higher, and 84.3% have a high school diploma or higher.
Is Midway, Florida an affordable place to live?
The home price-to-income ratio in Midway, Florida is 3.6x (median home value $226,500 vs. median income $63,381), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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