Midway Park, NC Community Information

Midway Park, NC Homes for Sale

Midway Park, NC Community Information

Population

5,752

Median Age

22.8

Median Household Income

$38,781

Households with Children

57.89%

Median Travel Time to Work

25 minutes

Midway Park, NC Real Estate Market Information

Homes Owned

36.26%

Homes Rented

55.11%

Homes Vacant

8.63%

Midway Park, NC Home Price-Rent Ratio

The price-rent ratio is a great way to compare the costs of buying and renting both within a city and is useful to compare against other cities as well. Technically it is the average cost of ownership divided by the received rent income if buying to let. The formula is House Price / (Monthly Rent x 12).

1:1

Low Home Price-Rent Ratio

High Home Price-Rent Ratio

What does it mean?

1-10

It is less expensive to own than to rent a home in this city depending factors such as length of ownership.

11-20

The total costs of ownership of a home in this city are greater than the costs of renting, but it might still make financial sense depending on the situation.

21 or greater

The total costs of owning a home in this city are greater than the costs of renting depending factors such as length of ownership.

*Note that this index is a broad measure. Contact a local agent to understand local market conditions.

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Midway Park, NC School Information

Elementary Schools

Primary Schools

Middle Schools

High Schools

These are the closest schools to your requested location. Proximity does not guarantee enrollment eligibility. Please consult your real estate agent or school district to confirm the schools you are zoned to attend.

Community Age Profile

Community

Transportation

Transportation

Education Levels

Education Levels

Occupation

Occupation

Community

  • Total Population 5,752
  • Total Male Population 2,868
  • Total Female Population 2,884
  • Population change since 2000 -1.96%
  • Median age 22.8
  • Percent of households with children 57.89%
  • Personal Crime risk 105

Transportation

  • Median travel time to work 25 minutes
  • Percent using Public transportation 1.47%
  • Percent Driving/Using Carpool 93.75
  • Percent Using Other transportation 2.50%
  • Percent Working From Home 2.28%

Education Levels

  • Some high school 9.21%
  • High school graduate 38.83%
  • Some college 27.03%
  • Associate degree 8.18%
  • Bachelor's degree 13.17%
  • Graduate degree 3.57%

Occupation

  • Agriculture, forestry, and fishing 0.49%
  • Construction 8.48%
  • Manufacturing 2.83%
  • Wholesale Trade 1.41%
  • Retail Trade 16.64%
  • Finance, insurance and real estate 4.46%
  • Services 5.93%
  • Public administration 10.22%
  • Information 3.32%
  • Professional 6.42%
  • Education 23.87%
  • Arts 11.53%

Income

  • Average household income $45,719
  • Income change since 2000 31.89%

Climate

  • Avg. January high/low temp 55.49 / 34.36
  • Avg. July high/low temp 89.28 / 71.10
  • Annual precipitation 55.74
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