Midway, NC
Population 4,826 · North Carolina
About Midway, NC
Midway is a small town located in North Carolina with a population of 4,826 residents according to the latest US Census Bureau American Community Survey data. The median household income is $75,208 per year, which is 0% above the national median of $75,149. The median age of 45.6 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Midway features a median home value of $250,000, which is 2% above the national median of $244,900. This positions Midway in a moderately priced market relative to the rest of the country. Median monthly rent is $649, 44% below the national average of $1,163/month. Of the 2,054 total housing units, 85% are owner-occupied (1,706 units) and 15% are renter-occupied (291 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Midway shows an unemployment rate of 3.2%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 4.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Midway have an average one-way commute time of 22.4 minutes.
Education & Demographics
27.5% of Midway 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 1.5% White, 0.4% Hispanic or Latino, 0.6% Black or African American, and 2.2% Asian residents, with 2.0% of the population being foreign-born.
Cost of Living in Midway, NC
Compared to national averages, Midway has a median household income of $75,208 (0% above the national median of $75,149). Home values average $250,000, which is 2% above the national median. Monthly rent at $649 is 44% below the US average of $1,163. Within North Carolina, Midway's income is 17% above the state average of $64,468, and home values are 9% above the state median of $228,922.
Why Live in Midway, NC?
Midway offers a strong local economy with a median household income of $75,208, well above the national average, and rent that’s lower than the national average at $649/month, and a strong job market with an unemployment rate of just 3.2%. Additionally, the city features a low poverty rate of 4.6%, better than the national average, and short commute times averaging just 22.4 minutes.
Midway has a population of 4,826 with a median age of 45.6 years. Compare Midway with other cities to see how it stacks up, or explore all cities in North Carolina.
Similar Cities Near Midway
Cities in North Carolina with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Seven Lakes | 4,823 | $91,495 | $365,500 | Compare |
| Carolina Shores | 4,843 | $74,310 | $276,000 | Compare |
| Ahoskie | 4,798 | $40,762 | $123,800 | Compare |
| James City | 4,859 | $63,835 | $175,700 | Compare |
| Midland | 4,758 | $85,551 | $342,700 | Compare |
| Granite Falls | 4,921 | $74,250 | $203,100 | Compare |
| Whiteville | 4,721 | $38,004 | $173,100 | Compare |
| Creedmoor | 4,957 | $77,799 | $260,000 | 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 Midway With Other Cities
Frequently Asked Questions about Midway
What is the population of Midway, NC?
The population of Midway, NC is 4,826 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in North Carolina.
What is the median household income in Midway?
The median household income in Midway, NC is $75,208 per year, which is 0% above the national median of $75,149.
What is the median home value in Midway?
The median home value in Midway, NC is $250,000, which is 2% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Midway?
The median monthly rent in Midway, NC is $649, which is 44% below the national average of $1,163/month.
What is the unemployment rate in Midway?
The unemployment rate in Midway, NC is 3.2%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Midway, NC a good place to live?
Midway offers above-average incomes, a competitive housing market, and a strong job market. With a population of 4,826 and a median age of 45.6, the city appeals to established professionals and retirees.
How educated is Midway, NC?
27.5% of residents in Midway 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 Midway?
Key cost-of-living indicators for Midway, NC: median home value is $250,000 (2% above national), median rent is $649/month, and median household income is $75,208. The home-value-to-income ratio is 3.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Midway?
The poverty rate in Midway, NC is 4.6%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Midway, NC?
Midway's population is 1.5% White, 0.4% Hispanic or Latino, 0.6% Black or African American, 2.2% Asian, and 13.2% two or more races. 2.0% of residents are foreign-born.