Midland, NC Profile: Facts & Data

Midland, North Carolina - Basic Facts

The Town of Midland had a population of 5,458 as of July 1, 2024.

The primary coordinate point for Midland is located at latitude 35.2274 and longitude -80.5006 in Cabarrus County. The formal boundaries for the Town of Midland encompass a land area of 10.45 sq. miles and a water area of 0 sq. miles. Cabarrus County is in the Eastern time zone (GMT -5).

While the primary coordinates for Town of Midland are located in Cabarrus County, it should be noted that the formal boundaries for this community also extend into and Mecklenburg County.

The Town of Midland 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 Midland is located within Township 10, Midland, a minor civil division (MCD) of Cabarrus County.

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Midland, NC Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	5,458 (100%)
Population in Households	5,458 (100.0%)
Population in Families	4,753 (87.1%)
Population in Group Quarters¹	0
Population Density	409
Diversity Index²	56


INCOME
Median Household Income	$93,592
Average Household Income	$105,669
% of Income for Mortgage⁴	24%
Per Capita Income	$37,850
Wealth Index⁵	94
Socioeconomic Status Index⁶	Moderate (63.7)

HOUSING
Total HU (Housing Units)	2,011 (100%)
Owner Occupied HU	1,690 (84.0%)
Renter Occupied HU	265 (13.2%)
Vacant Housing Units	56 ( 2.8%)
Median Home Value	$362,544
Average Home Value	$395,562
Housing Affordability Index³	103

HOUSEHOLDS
Total Households	1,955
Average Household Size	2.79
Family Households	1,496
Average Family Size	3.00

HOUSING

Total HU (Housing Units)

2,011 (100%)

Owner Occupied HU

1,690 (84.0%)

Renter Occupied HU

265 (13.2%)

Vacant Housing Units

56 ( 2.8%)

Median Home Value

$362,544

Average Home Value

$395,562

Housing Affordability Index³

103

HOUSEHOLDS

Total Households

1,955

Average Household Size

2.79

Family Households

1,496

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	2020-2024	2024-2029
Population	3.16%	1.48%
Households	3.06%	1.33%
Families		1.19%
Median Household Income		2.28%
Per Capita Income		2.87%
Owner Occupied HU		1.67%

GROWTH RATE / YEAR

2020-2024

2024-2029

Population

3.16%

1.48%

Households

3.06%

1.33%

Families

1.19%

Median Household Income

2.28%

Per Capita Income

2.87%

Owner Occupied HU

1.67%

Midland, NC - Peer Comparisons by Rank and Percentile

The table below compares Midland to the other 777 incorporated cities, towns and CDPs in North Carolina by rank and percentile using July 1, 2024 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	# 160	80th
Population Density	# 513	34th
Median Household Income	# 90	89th
Housing Affordability Index	# 417	54th
Per Capita Income	# 251	68th
Diversity Index	# 358	54th

Variable Description

Rank

Percentile

Total Population

# 160

80th

Population Density

# 513

34th

Median Household Income

# 90

89th

Housing Affordability Index

# 417

54th

Per Capita Income

# 251

68th

Diversity Index

# 358

54th

North Carolina Census Data Comparison Tool

Midland, NC Profile: Facts & Data

Midland, North Carolina - Basic Facts

Midland, NC Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Midland, NC - Peer Comparisons by Rank and Percentile

Midland, NC - Most Popular Things to Do

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Cabarrus County