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Midway, New Mexico

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
541
Population
$44,258
Median Income
$178,400
Home Value
55.0
Median Age

Demographics

Midway has a population of 541 with a median age of 55.0. Here is the racial and ethnic breakdown of the population:

White
61.2%
Hispanic
56.7%
Demographic Value
Total Population541
Median Age55.0
White61.2%
Hispanic or Latino56.7%
Midway, New Mexico — racial composition (Census ACS 2024)Donut chart of 2 segments totaling 118.White: 51.9%Hispanic/Latino: 48.1%541PopulationWhiteWhite51.9%Hispanic/LatinoHispanic/Latino48.1%

Income & Economy

The median household income in Midway is $44,258, which is 45.1% below the national median of $80,610. The per capita income is $25,622. The poverty rate is 20.7%.

$44,258
Median Household Income
$25,622
Per Capita Income
20.7%
Poverty Rate

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Education

In Midway, 84.6% of residents age 25+ have a high school diploma or higher, and 11.8% hold a bachelor's degree or higher.

HS Diploma+
84.6%
Bachelor's+
11.8%
Education Level % of Adults (25+)
High School Diploma or Higher84.6%
Bachelor's Degree or Higher11.8%

Housing

The median home value in Midway is $178,400, below the national median of $303,400. The homeownership rate is 73.7%.

$178,400
Median Home Value
73.7%
Homeownership Rate
Housing Metric Value
Median Home Value$178,400
Homeownership Rate73.7%
Vacancy Rate25.4%

Salaries in New Mexico

Explore salary data for popular occupations in New Mexico:

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Other Cities in New Mexico

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Frequently Asked Questions

What is the population of Midway, New Mexico?
The population of Midway, New Mexico is 541 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Midway, New Mexico?
The median household income in Midway, New Mexico is $44,258. This is 45.1% below the national median of $80,610.
What is the median home value in Midway, New Mexico?
The median home value in Midway, New Mexico is $178,400.
What percentage of people in Midway have a college degree?
In Midway, New Mexico, 11.8% of adults age 25 and older hold a bachelor's degree or higher, and 84.6% have a high school diploma or higher.
Is Midway, New Mexico an affordable place to live?
The home price-to-income ratio in Midway, New Mexico is 4.0x (median home value $178,400 vs. median income $44,258), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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