What is the population of Midway city?

Midway city has 1,748 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #190 of 554 in Kentucky.

What is the median household income in Midway city?

Median household income in Midway city is $59,609 a year, 24.1% below the national figure of $78,538.

How much does it cost to rent or buy in Midway city?

Median gross rent is $902 a month and the median home value is $247,700, so rent absorbs about 18.2% of median household income.

Is Midway city affordable compared with the rest of the US?

Homes cost about 4.2× the local median income here versus roughly 3.9× nationally, so Midway city is less affordable to buy in than the typical US market, and rent takes 18.2% of median income against the 30% cost-burden line.

Aerial view of a dense city center, illustrating the US cities ZIP code directory

Kentucky · Census place 52140

Midway, KY population, income and ZIP codes

Quick answer

The population of the city of Midway, Kentucky (Midway, KY — Census place “Midway city”) is 1,748 residents, ranking #190 of 554 places in Kentucky. Median household income is $59,609, the median home is worth $247,700 and median gross rent runs $902 a month. Looking for the Midway Kentucky ZIP code list? 1 ZIP codes serve Midway, KY: 40347.

Population: 1,748Midway city residents
Median household income: $59,609Past 12 months, inflation adjusted
Median home value: $247,700Owner-occupied units
Median gross rent: $902Rent plus utilities, monthly
Median age: 42 yrsAll residents
Homeownership rate: 72%Owner-occupied households

Midway ZIP codes (Kentucky)

Census ZCTAs whose delivery area overlaps Midway.

The Midway KY ZIP code list below covers 1 ZIP code. Open any one for its population, income, housing and rent profile.

40347

What the numbers mean in Midway city

Housing cost measured against local earnings.

A household earning the Midway city median would spend about 18.2% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 4.2× the median household income; nationally that ratio sits near 4.5×. Poverty affects 8.6% of residents and 72% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

Midway city, KY in context

How this area compares with national benchmarks.

Midway city is a small town in Kentucky, with 1,748 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #190 of 554 ranked by population — larger than 65% of them. The median age here is 42 years against 39.1 nationally, a slightly older profile than the country as a whole. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.

Households in Midway city earn a median of $59,609 a year, 24.1% below the national figure of $78,538 and 7% above the $55,469 median for the 246 Kentucky cities we cover. The median is the midpoint household, not an average, so a handful of very high earners cannot drag it upward the way they distort a mean. Poverty reaches 8.6% of residents here, below the 12.4% national rate.

The typical owner-occupied home in Midway city is valued at $247,700, 18.4% below the national figure and 58% above the $157,200 peer median, while median gross rent runs $902 a month, 35.8% below the national figure, or roughly $10,824 across a full year. A household on the local median income would put about 18.2% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is cheap relative to what people here earn. The home-price-to-income ratio works out to 4.2×, against roughly 3.9× nationally, so buying is harder here than in the average US market. 72% of occupied homes are owner-occupied versus 65% nationally, so the market leans toward owners. Gross rent folds in the utilities a tenant pays separately, so it is closer to the real monthly outlay than a headline rent figure.

Every value on this page is published directly by the Census for this area — nothing is modelled or interpolated. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.

Compare with nearby places

Places of similar size in Kentucky.

More Kentucky coverage.

Frequently asked questions

Common questions about this area.

What is the population of Midway city?: Midway city has 1,748 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #190 of 554 in Kentucky.
What is the median household income in Midway city?: Median household income in Midway city is $59,609 a year, 24.1% below the national figure of $78,538.
How much does it cost to rent or buy in Midway city?: Median gross rent is $902 a month and the median home value is $247,700, so rent absorbs about 18.2% of median household income.
Is Midway city affordable compared with the rest of the US?: Homes cost about 4.2× the local median income here versus roughly 3.9× nationally, so Midway city is less affordable to buy in than the typical US market, and rent takes 18.2% of median income against the 30% cost-burden line.
How current is this Midway city data?: All figures come from the US Census Bureau American Community Survey 2019-2023 ACS 5-year five-year estimates. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.