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North Carolina · Census place 42860

Midway, NC population, income and ZIP codes

Quick answer

The population of the city of Midway, North Carolina (Midway, NC — Census place “Midway town”) is 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. Looking for the Midway North Carolina ZIP code list? 1 ZIP codes serve Midway, NC: 27107.

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

Midway ZIP codes (North Carolina)

Census ZCTAs whose delivery area overlaps Midway.

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

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

Midway town, NC in context

How this area compares with national benchmarks.

Midway town is a small town in North Carolina, with 4,826 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #171 of 777 ranked by population — larger than 78% of them. The median age here is 45.6 years against 39.1 nationally, a markedly older profile that usually tracks retirees staying put and younger households leaving for work. 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 town earn a median of $75,208 a year, 4.2% below the national figure of $78,538 and 23% above the $61,228 median for the 459 North Carolina cities we cover. Median household income counts every pre-tax dollar arriving at an address — wages, self-employment, Social Security, pensions, interest and public assistance — for everyone living there, so multi-earner households pull the figure up even where individual pay is modest. Poverty reaches 4.6% of residents here, less than half the 12.4% national rate.

The typical owner-occupied home in Midway town is valued at $250,000, 17.6% below the national figure and 14% above the $219,800 peer median, while median gross rent runs $649 a month, 53.8% below the national figure, or roughly $7,788 across a full year. A household on the local median income would put about 10.4% 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 3.3×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 85.4% of occupied homes are owner-occupied versus 65% nationally, an owner-dominated market where rental listings are scarce and rent medians rest on a thin sample. The rent line includes utilities paid by the tenant, a definition worth remembering when comparing it against a landlord's quoted rate.

No figure on this page is estimated by us; each one comes straight from the published ACS tables for this area. 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 North Carolina.

More North Carolina coverage.

Frequently asked questions

Common questions about this area.

What is the population of Midway town?
Midway town has 4,826 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #171 of 777 in North Carolina.
What is the median household income in Midway town?
Median household income in Midway town is $75,208 a year, 4.2% below the national figure of $78,538.
How much does it cost to rent or buy in Midway town?
Median gross rent is $649 a month and the median home value is $250,000, so rent absorbs about 10.4% of median household income.
Is Midway town affordable compared with the rest of the US?
Homes cost about 3.3× the local median income here versus roughly 3.9× nationally, so Midway town is more affordable to buy in than the typical US market, and rent takes 10.4% of median income against the 30% cost-burden line.
How current is this Midway town 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.