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Midway, NM
Full City Profile · New Mexico · Chaves County County
2.6
/5.0
C+
Fair
571
Population
229/sq mi density
$37,955
Median Income
$21,302 per capita
$176,400
Home Value
$171,380 Zillow
60°F
Avg Temperature
330 sunny days/yr
765
Violent Crime/100K
6,285 property/100K
C+
Overall
2.6 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$37,955 median income, 0.0% unemployment
A
Affordability
4.1 / 5.0
$176,400 home value, /mo rent
F
Safety
1.0 / 5.0
765 violent crimes/100K (101% above avg)
D
Education
1.5 / 5.0
6.6% bachelor's degree or higher
Housing Overview
Median Home Value
$176,400
37% below
US avg: $281,900
Homeownership Rate
59.4%
9% below US avg (65.4%)
Total Housing Units
383
Median year built: 1975
Home Value by Source
Census Median
$176,400
Zillow (ZHVI)
$171,380
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
59.4%
Owner-Occupied
40.6%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$828/mo
1 Bedroom
$927/mo
2 Bedroom
$1,129/mo
3 Bedroom
$1,496/mo
4 Bedroom
$1,758/mo
Affordability & Housing Stock
Rent Burden
27.6%
of renters spending 30%+ of income on housing
11% below US avg (31.0%)
Median Year Built
1975
Average age of housing stock: 51 years
Homeownership Rate
59.4%
Complete Housing Data
Home Values
| Census Median Value | $176,400 |
| Zillow Home Value (ZHVI) | $171,380 |
Rent
| FMR Studio | $828 |
| FMR 1-Bedroom | $927 |
| FMR 2-Bedroom | $1,129 |
| FMR 3-Bedroom | $1,496 |
| FMR 4-Bedroom | $1,758 |
Market
Ownership & Stock
| Owner-Occupied | 59.4% |
| Renter-Occupied | 40.6% |
| Homeownership Rate | 59.4% |
| Total Housing Units | 383 |
| Median Year Built | 1975 |
| Rent Burden | 27.6% |