Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 42.2 yrs |
|---|---|
| Avg HH Size | 2.64 |
| Below Poverty | 9.2% ▼ 8% below avg |
| College Grads | 53.4% ▲ 38% above avg |
| Unemployment | 7.9% ▲ 62% above avg |
| No HS Diploma | 22 (0.9%) |
| HS Graduate | 435 (18.7%) |
| Some College | 253 (10.9%) |
| Associates | 373 (16%) |
| Bachelors | 164 (7.1%) |
| Graduate Degree | 1,077 (46.3%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $84,054 ▲ 10% above avg |
|---|---|
| Median Home Value | $318,400 ▲ 14% above avg |
| Home/Income Ratio | 3.8x (nat avg ~3.5x) |
| Median Rent | $1,011/mo |
| Total Housing Units | 1,520 |
| Vacant Units | 134 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Midway is a city in Kentucky, located in Woodford County. The city spans 1 ZIP code and is home to approximately 4,004 residents. It is a middle-aged city, with a median age of 42.2 years.
Economically, Midway is a middle-income community. The median household income of $84,054 is near the national average. Approximately 9.2% of residents live below the poverty line. The unemployment rate is 7.9%, significantly above the national average.
The real estate market in Midway is a mid-range housing market. Median home values stand at $318,400, which is near the national average. Renters typically pay around $1,011 per month. Homeownership is high at 75.3%, typical of suburban and family-oriented communities.
The population of Midway is well-educated. 53.4% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (86.36%).
Midway, KY offers residents above-average earning potential within Kentucky.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 40347 | 4,004 | $84,054 | $318,400 | $1,011 | 7.9% | 53.4% | 75.3% |