Midway, NC Profile: Facts & Data

Midway, North Carolina - Basic Facts

The Town of Midway had a population of 4,779 as of July 1, 2025.

The primary coordinate point for Midway is located at latitude 35.9535 and longitude -80.2181 in Davidson County. The formal boundaries for the Town of Midway encompass a land area of 7.71 sq. miles and a water area of 0 sq. miles. Davidson County is in the Eastern time zone (GMT -5).

The Town of Midway has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The Town of Midway is located within Township of Midway, a minor civil division (MCD) of Davidson County.

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Midway, NC Data & Demographics (As of July 1, 2025)

POPULATION
Total Population	4,779 (100%)
Population in Households	4,779 (100.0%)
Population in Families	4,033 (84.4%)
Population in Group Quarters¹	0
Population Density	613
Diversity Index²	40


INCOME
Median Household Income	$81,751
Average Household Income	$90,278
% of Income for Mortgage⁴	21%
Per Capita Income	$37,573
Wealth Index⁵	72
Socioeconomic Status Index⁶	Moderate (60.1)

HOUSING
Total HU (Housing Units)	2,066 (100%)
Owner Occupied HU	1,667 (80.7%)
Renter Occupied HU	322 (15.6%)
Vacant Housing Units	77 ( 3.7%)
Median Home Value	$277,490
Average Home Value	$319,510
Housing Affordability Index³	113

HOUSEHOLDS
Total Households	1,989
Average Household Size	2.40
Family Households	1,381
Average Family Size	3.00

HOUSING

Total HU (Housing Units)

2,066 (100%)

Owner Occupied HU

1,667 (80.7%)

Renter Occupied HU

322 (15.6%)

Vacant Housing Units

77 ( 3.7%)

Median Home Value

$277,490

Average Home Value

$319,510

Housing Affordability Index³

113

HOUSEHOLDS

Total Households

1,989

Average Household Size

2.40

Family Households

1,381

Average Family Size

3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR	2020-2025	2025-2030
Population	0.15%	-0.13%
Households	0.43%	0.14%
Families		0.19%
Median Household Income		1.97%
Per Capita Income		1.82%
Owner Occupied HU		0.25%

GROWTH RATE / YEAR

2020-2025

2025-2030

Population

0.15%

-0.13%

Households

0.43%

0.14%

Families

0.19%

Median Household Income

1.97%

Per Capita Income

1.82%

Owner Occupied HU

0.25%

Midway, NC - Peer Comparisons by Rank and Percentile

The table below compares Midway to the other 776 incorporated cities, towns and CDPs in North Carolina by rank and percentile using July 1, 2025 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description	Rank	Percentile
Total Population	# 180	77th
Population Density	# 391	50th
Median Household Income	# 163	79th
Housing Affordability Index	# 587	76th
Per Capita Income	# 279	64th
Diversity Index	# 559	28th

Variable Description

Rank

Percentile

Total Population

# 180

77th

Population Density

# 391

50th

Median Household Income

# 163

79th

Housing Affordability Index

# 587

76th

Per Capita Income

# 279

64th

Diversity Index

# 559

28th

North Carolina Census Data Comparison Tool

Midway, NC Profile: Facts & Data

Midway, North Carolina - Basic Facts

Midway, NC Data & Demographics (As of July 1, 2025)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Midway, NC - Peer Comparisons by Rank and Percentile

Midway, NC - Most Popular Things to Do

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Davidson County