Midway, North Carolina Median Income

Midway, North Carolina has a population of 5,120, with a median household income of $68,400.

Current median income data for Midway.

$68,400

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Population

5,120

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Median Income

$68,400

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Unemployment

4.20%

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Housing Price

$286,200

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Crime Rate

0.30

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Internet Speed

211.20 Mbps

Midway is a small local community located in North Carolina. The city has a population that is below the average city population in North Carolina, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Midway, located in North Carolina, is a city that reflects important demographic and economic patterns within the region.

Population Overview

Midway has a population of 5,120, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Midway is $68,400, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Midway average around $286,200, which is relatively high compared to other cities in North Carolina.

Employment and Safety

The unemployment rate in Midway is 4.20%, which is lower than the state average, indicating a relatively strong job market. Midway has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in North Carolina, Midway shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

As part of North Carolina, Midway contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about Midway

What is the population of Midway?

The population of Midway is approximately 5,120.

Is Midway a good place to live?

Midway offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Midway?

The median household income in Midway is around $68,400.

How expensive is housing in Midway?

The average housing price in Midway is approximately $286,200.