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Midway, North Carolina

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
4,897
Population
$83,446
Median Income
$274,100
Home Value
48.3
Median Age

Demographics

Midway has a population of 4,897 with a median age of 48.3. Here is the racial and ethnic breakdown of the population:

White
84.1%
Black
12.3%
Hispanic
4.3%
Demographic Value
Total Population4,897
Median Age48.3
White84.1%
Black or African American12.3%
Hispanic or Latino4.3%
Midway, North Carolina — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 101.White: 83.5%Black: 12.2%Hispanic/Latino: 4.3%4,897PopulationWhiteWhite83.5%BlackBlack12.2%Hispanic/LatinoHispanic/Latino4.3%

Income & Economy

The median household income in Midway is $83,446, which is 3.5% above the national median of $80,610. The per capita income is $34,532. The poverty rate is 5.0%.

$83,446
Median Household Income
$34,532
Per Capita Income
5.0%
Poverty Rate

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Education

In Midway, 93.7% of residents age 25+ have a high school diploma or higher, and 22.5% hold a bachelor's degree or higher (4.0% with a graduate or professional degree).

HS Diploma+
93.7%
Bachelor's+
22.5%
Graduate+
4.0%
Education Level % of Adults (25+)
High School Diploma or Higher93.7%
Bachelor's Degree or Higher22.5%
Graduate or Professional Degree4.0%

Housing

The median home value in Midway is $274,100, below the national median of $303,400. The median monthly rent is $778. The homeownership rate is 89.5%.

$274,100
Median Home Value
$778/mo
Median Rent
89.5%
Homeownership Rate
Housing Metric Value
Median Home Value$274,100
Median Monthly Rent$778
Homeownership Rate89.5%
Vacancy Rate1.3%

Salaries in North Carolina

Explore salary data for popular occupations in North Carolina:

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Other Cities in North Carolina

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Frequently Asked Questions

What is the population of Midway, North Carolina?
The population of Midway, North Carolina is 4,897 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Midway, North Carolina?
The median household income in Midway, North Carolina is $83,446. This is 3.5% above the national median of $80,610.
What is the median home value in Midway, North Carolina?
The median home value in Midway, North Carolina is $274,100. The median monthly rent is $778.
What percentage of people in Midway have a college degree?
In Midway, North Carolina, 22.5% of adults age 25 and older hold a bachelor's degree or higher, and 93.7% have a high school diploma or higher.
Is Midway, North Carolina an affordable place to live?
The home price-to-income ratio in Midway, North Carolina is 3.3x (median home value $274,100 vs. median income $83,446), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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