Cost of Living in Midway, NC
Population 4,826 · North Carolina · Data vintage 2023
(100 = US avg)
Midway sits on the smaller end of the North Carolina city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible.
Located 9 miles south of Winston-Salem, Midway falls within that metro's commuting orbit. Median home values run roughly 20% higher than Winston-Salem's $208,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Midway
The median home value in Midway is $250,000 — 18% below the national median of $305,000. Median rent runs $649/month, 51% lower than the national median of $1,314/month. The median household income of $75,208/year is 1% higher than the US median of $74,580. The local unemployment rate is 3.2%, below the national average of 4.8%. North Carolina's top state income tax rate is 4.5% and the combined sales tax is 7.0%. The climate averages highs of 69.4°F and lows of 49.6°F. Overall, Midway has a cost of living index of 69 versus the US average of 100, meaning it is 31% less expensive.
Midway has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 49 | 53 | 61 | 71 | 78 | 85 | 88 | 86 | 80 | 71 | 60 | 52 |
| Low °F | 31 | 33 | 40 | 48 | 57 | 65 | 69 | 68 | 61 | 49 | 39 | 34 |
| Precip" | 3.35 | 2.89 | 3.60 | 3.71 | 3.76 | 3.64 | 4.24 | 4.51 | 3.86 | 3.28 | 3.06 | 3.30 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Midway, NC?
Midway has a cost index of 69 (100 = national average). It is 31% below the national average.
What is average rent in Midway, NC?
The median gross rent in Midway is $649 per month based on 2023 Census data.
What is the average home price in Midway?
The median home value in Midway is $250,000 according to 2023 Census ACS data.
What is the median income in Midway?
The median household income in Midway is $75,208 per year (2023 ACS 5-year estimates).
What is the sales tax in Midway, NC?
The combined state and local sales tax rate in Midway is 7.0%. The North Carolina state income tax top rate is 4.5%.
Is Midway, NC affordable?
Yes, Midway is generally considered affordable, with a cost of living index of 69 — about 31% below the US national average of 100.
What is the weather like in Midway?
Midway has average high temperatures of 69.4°F and average lows of 49.6°F. Annual precipitation is 43.2". Data from NOAA 1991–2020 Climate Normals.
Midway at a Glance
- Population
- 4,826
- Median Income
- $75,208
- Home Value
- $250,000
- Median Rent
- $649/mo
- Unemployment
- 3.2%
- Avg High Temp
- 69.4°F
- Sales Tax
- 7.0%
Nearby Cities
Explore county-level cost of living data
North Carolina Rankings
Similar Cost Cities
Cities in other states with comparable housing costs