Conway, NC
Population 730 · North Carolina
About Conway, NC
Conway is a small community located in North Carolina with a population of 730 residents according to the latest US Census Bureau American Community Survey data. The median household income is $40,089 per year, which is 47% below the national median of $75,149. The median age of 34.2 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Conway features a median home value of $110,200, which is 55% below the national median of $244,900. This makes Conway one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $504, 57% below the national average of $1,163/month. Of the 371 total housing units, 53% are owner-occupied (181 units) and 47% are renter-occupied (158 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Conway shows an unemployment rate of 13.3%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 30.9%, above the national average of 12.4%. Workers in Conway have an average one-way commute time of 29 minutes.
Education & Demographics
24.4% of Conway residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 6.2% White, 1.2% Hispanic or Latino, 0.3% Black or African American, and 0.7% Asian residents, with 1.6% of the population being foreign-born.
How Conway Ranks in North Carolina
Cost of Living in Conway, NC
Compared to national averages, Conway has a median household income of $40,089 (47% below the national median of $75,149). Home values average $110,200, which is 55% below the national median. Monthly rent at $504 is 57% below the US average of $1,163. Within North Carolina, Conway's income is 38% below the state average of $64,468, and home values are 52% below the state median of $228,922.
Why Live in Conway, NC?
Conway offers affordable housing with a median home value of $110,200, below the US average of $244,900, and rent that’s lower than the national average at $504/month.
Potential considerations include median household income ($40,089) that falls below the national average. However, Conway’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Conway has a population of 730 with a median age of 34.2 years. Compare Conway with other cities to see how it stacks up, or explore all cities in North Carolina.
Similar Cities Near Conway
Cities in North Carolina with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Rosman | 730 | $53,224 | $149,500 | Compare |
| Taylortown | 728 | $47,969 | $172,500 | Compare |
| Black Creek | 736 | $50,625 | $112,100 | Compare |
| Iron Station | 722 | $74,597 | $0 | Compare |
| McLeansville | 740 | $0 | $166,300 | Compare |
| Red Cross | 740 | $58,375 | $217,200 | Compare |
| Bakersville | 718 | $39,091 | $229,000 | Compare |
| Pikeville | 747 | $61,071 | $133,400 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in North Carolina
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Conway With Other Cities
Frequently Asked Questions about Conway
What is the population of Conway, NC?
The population of Conway, NC is 730 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in North Carolina.
What is the median household income in Conway?
The median household income in Conway, NC is $40,089 per year, which is 47% below the national median of $75,149.
What is the median home value in Conway?
The median home value in Conway, NC is $110,200, which is 55% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Conway?
The median monthly rent in Conway, NC is $504, which is 57% below the national average of $1,163/month.
What is the unemployment rate in Conway?
The unemployment rate in Conway, NC is 13.3%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Conway, NC a good place to live?
Conway offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 730 and a median age of 34.2, the city appeals to young professionals and families.
How educated is Conway, NC?
24.4% of residents in Conway aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Conway?
Key cost-of-living indicators for Conway, NC: median home value is $110,200 (55% below national), median rent is $504/month, and median household income is $40,089. The home-value-to-income ratio is 2.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Conway?
The poverty rate in Conway, NC is 30.9%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Conway, NC?
Conway's population is 6.2% White, 1.2% Hispanic or Latino, 0.3% Black or African American, 0.7% Asian, and 54.0% two or more races. 1.6% of residents are foreign-born.