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ZipNumbers

North Carolina · Census place 42860

Midway town, NC

Quick answer

Midway town has 4,826 residents, ranking #171 of 777 places in North Carolina. Median household income is $75,208, the median home is worth $250,000 and median gross rent runs $649 a month.

Population
4,826Midway town residents
Median household income
$75,208Past 12 months, inflation adjusted
Median home value
$250,000Owner-occupied units
Median gross rent
$649Rent plus utilities, monthly
Median age
45.6 yrsAll residents
Homeownership rate
85.4%Owner-occupied households

What the numbers mean in Midway town

Housing cost measured against local earnings.

A household earning the Midway town median would spend about 10.4% 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 3.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 4.6% of residents and 85.4% of households own their home.

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

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