Midway, NC

Full City Profile · North Carolina · Davidson County County

4.1 /5.0
A Great
4,826 Population 619/sq mi density
$75,208 Median Income $34,139 per capita
$250,000 Home Value $260,277 Zillow
$649 Median Rent 19.9% income on rent
60°F Avg Temperature
A
Overall
4.1 / 5.0
Strong
A
Economy
4.3 / 5.0
$75,208 median income, 3.2% unemployment
A+
Affordability
4.8 / 5.0
$250,000 home value, $649/mo rent
B
Education
3.2 / 5.0
27.5% bachelor's degree or higher

Midway, NC

At a Glance

Median Income
$75,208
0% below
$34,139 per capita
Home Value
$250,000
11% below
Zillow: $260,277
Median Rent
$649/mo
44% below
19.9% of income on rent
Bachelor's Degree+
27.5%
18% below
91.6% high school+
Unemployment
3.2%
11% below
3.2% poverty rate
Obesity Rate
33.7%
5% above
13.7% smoking rate
Avg Temperature
60°F

How Midway Compares to the U.S. Average

Each bar shows Midway's value as a percentage of the national average (100% = U.S. avg)

Income
100%
Home Value
89%
Rent
56%
Poverty
26%
Bachelor's
82%
Unemployment
89%
Thin vertical line = U.S. national average (100%)

Is Midway a Good Place to Live?

A
4.1 / 5.0 - Great
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Midway residents earn a median household income of $75,208 , which is 0% below the national average of $75,149. Per capita income is $34,139. The unemployment rate stands at 3.2% (11% below the U.S. rate of 3.6%). 3.2% of residents live below the poverty line. The area is home to 3,388 business establishments, including 254 restaurants.

Housing & Cost of Living

The median home value in Midway is $250,000 , 11% below the national median of $281,900. Zillow estimates the typical home at $260,277. Median rent is $649/month, with 19.9% of renters spending more than 30% of income on housing. The cost of living index is 94.3 (100 = national average). The median home was built in 1986.

Education

27.5% of adults in Midway hold a bachelor's degree or higher (18% below the national average). 91.6% have completed high school. Local schools score 5.6/10 in standardized testing.

Climate & Weather

Midway has an average annual temperature of 60°F (15°C). Winters average 40°F in January while summers reach 79°F in July. Annual precipitation totals 43.2 inches. Air quality is rated Good with a median AQI of 43.

Data Overview

People

Population4,826
Median Age45.6 yrs
Density619/mi²
Male / Female49% / 51%
Foreign Born2.0%
Veterans7.0%

Economy

A
Median Income$75,208
Per Capita$34,139
Unemployment3.2%
Poverty3.2%
County GDP$7,125M
Avg Weekly Wage$1,050

Housing

A+
Home Value$250,000
Rent$649
Ownership85.4%
Zillow$260,277
Housing Units2,053
Rent Burden19.9%

Health

Obesity33.7%
Diabetes8.8%
Smoking13.7%
Heart Disease5.2%
Premature Death12,217/100K

Climate

Avg Temp60°F
Rain43.2 in/yr
AQI43 (Good)
Elevation897 ft

Education

B
Bachelor's+27.5%
High School+91.6%
Graduate+4.5%
School Score5.6/10

Community

2024 VoteR 73% / D 26%
Commute22 min
Broadband90.2%
Internet Speed172 Mbps
EV Stations24
Libraries6

Did You Know?

The median home in Midway was built in 1986.
17.7% work from home.
The nearest airport is Piedmont Triad International (18 miles).
The Gini coefficient (income inequality) is 0.436 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
20.8% of the population has a disability.
Average internet download speed is 172 Mbps.
There are 254 restaurants in the area.
The county recorded 25 fatal vehicle crashes.