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Midway, North Carolina Demographics & Population 2026

During the 2020–2024 ACS period, Midway, North Carolina had a total population of 4,897, the 171st largest town in North Carolina, with a median household income of $83,446, which is 15% higher than the state average. The poverty rate is 5.0%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Midway Quick Facts

Population 4,897
Median Household Income $83,446
Median Home Value $274,100
Poverty Rate 5.0%
Unemployment Rate 2.7%
Median Age 48.3 years
Homeownership Rate 89.5%
Affordability Ratio 3.3x
Bachelor's Degree or Higher 22.5%
High School Graduation Rate 93.7%
Diversity Index 31/100
Population 4,897 171st of 772
Median Income $83,446 top 30%
Poverty Rate 5.0% 60% lower than national
Median Home Value $274,100 above average

How Midway Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population4,8264,897+1.5%
Median household income$75,208$83,446+11.0%
Median home value$250,000$274,100+9.6%

How Midway Compares

Economy & Housing

Household Income Distribution

Under $25K 7.1%
$25K-$50K 28.1%
$50K-$100K 28.2%
$100K+ 36.6%
Detailed income brackets
Under $10K
5.4%
$10K-$15K
0.0%
$15K-$20K
0.7%
$20K-$25K
1.0%
$25K-$30K
10.8%
$30K-$35K
4.1%
$35K-$40K
7.5%
$40K-$45K
2.1%
$45K-$50K
3.7%
$50K-$60K
3.1%
$60K-$75K
7.4%
$75K-$100K
17.7%
$100K-$125K
13.0%
$125K-$150K
19.0%
$150K-$200K
2.0%
$200K+
2.6%

Employment

2.7% Unemployment Rate State: 4.7%|National: 5.2%
61.3% Labor Force Participation

Housing Overview

Owner 89.5%
Renter 10.6%
Affordability Index Affordable
3.3x home value to income ratio
Median gross rent $778/mo 11.2% of median household income annually

People & Demographics

Diversity Index

31out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 58 | National average: 61

Education

Midway Rankings in North Carolina

#171 Population of 772
#165 Median Income of 716
#389 Education of 772
#232 Home Value of 725

Other Cities in Davidson County

CityPopulationMedian IncomePovertyHome Value
Thomasville 27,321 $60,935 16.3% $179,300
Lexington 19,690 $43,128 27.8% $179,900
Tyro 3,833 $58,364 15.7% $191,800
Welcome 3,521 $63,353 9.3% $200,800
Wallburg 3,150 $88,406 2.4% $343,700
Southmont 1,525 $91,307 15.4% $424,100
Denton 1,506 $50,847 14.8% $167,400
Yadkin College 400 $110,219 8.5% $253,300

Cities Similar to Midway

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Creedmoor4,997$82,961$281,40028.9%18.2%
Pittsboro4,752$81,639$376,30040.8%11.7%
Lillington4,709$81,760$247,20019.3%4.9%
Pleasant Garden5,060$88,204$223,50030.1%9.7%
Boiling Springs4,757$89,875$265,40043.8%2.2%

Population Overview

Midway is a small community located in North Carolina, within Davidson County. The total population is 4,897. It ranks as the 171st most populous out of 772 Census-designated places in North Carolina.

Age Demographics

The median age in Midway is 48.3 years. This is 24% higher than the state median of 39.1 years.

Economy, Income & Housing

The median household income in Midway is $83,446. This is 15% higher than the state median of $72,388. It is also 3% higher than the national median of $80,734. The poverty rate stands at 5.0%. This is 62% lower than the state poverty rate of 13.0%. The unemployment rate is 2.7%. This is 42% lower than the state rate of 4.7%. The median home value is $274,100. Housing costs are 5% lower than the state median of $288,900. The home-value-to-income ratio is 3.3x. 89.5% of occupied housing units are owner-occupied. This homeownership rate is 34% higher than the state average of 66.6%.

Race & Ethnicity

The largest racial or ethnic group in Midway is White (non-Hispanic), making up 82.2% of the population. Black or African American residents account for 12.3%. The Hispanic or Latino population (4.3%) is well below the state average of 11.3%.

Education

22.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 37% lower than the state rate of 35.6%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 93.7%.

Data Sources & Methodology

All demographic data for Midway, North Carolina is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against North Carolina state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 772 Census-designated places in North Carolina. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

Free data download: Get all North Carolina city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Midway, North Carolina?

Midway, North Carolina has a population of 4,897 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Midway, NC?

The median household income in Midway is $83,446, which is 3% higher than the national median of $80,734.

What is the poverty rate in Midway, NC?

The poverty rate in Midway is 5.0%. This means approximately 245 residents live below the federal poverty line.

What is the racial makeup of Midway, North Carolina?

Midway's population is 82.2% White, 12.3% Black, 4.3% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Midway, NC?

The median home value in Midway is $274,100. The home-value-to-income ratio is 3.3x.

How educated is Midway, North Carolina?

22.5% of adults (25+) in Midway hold a bachelor's degree or higher, and 4.0% hold a graduate or professional degree.