Midway, FL Profile: Facts & Data

The City of Midway had a population of 3,660 as of July 1, 2024. Midway ranks in the lower quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Florida. See peer rankings below.

The primary coordinate point for Midway is located at latitude 30.4955 and longitude -84.4544 in Gadsden County. The formal boundaries for the City of Midway encompass a land area of 9.58 sq. miles and a water area of 0.07 sq. miles. Gadsden County is in the Eastern time zone (GMT -5).

The City of Midway 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.

Florida is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The City of Midway is located within Havana CCD of Gadsden County.

Midway, FL Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	3,660 (100%)
Population in Households	3,652 (99.8%)
Population in Families	3,087 (84.3%)
Population in Group Quarters¹	8 ( 0.2%)
Population Density	381
Diversity Index²	44


INCOME
Median Household Income	$61,236
Average Household Income	$70,206
% of Income for Mortgage⁴	20%
Per Capita Income	$25,996
Wealth Index⁵	47
Socioeconomic Status Index⁶	Moderate (45.4)

HOUSING
Total HU (Housing Units)	1,442 (100%)
Owner Occupied HU	1,109 (76.9%)
Renter Occupied HU	246 (17.1%)
Vacant Housing Units	87 ( 6.0%)
Median Home Value	$195,798
Average Home Value	$272,092
Housing Affordability Index³	127

HOUSEHOLDS
Total Households	1,355
Average Household Size	2.70
Family Households	972
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.

Midway, FL - Peer Comparisons by Rank and Percentile

The table below compares Midway to the other 955 incorporated cities, towns and CDPs in Florida 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.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	-0.06%	-0.13%
Households	0.21%	0.24%
Families		0.14%
Median Household Income		2.39%
Per Capita Income		3.09%
Owner Occupied HU		0.55%

Variable Description	Rank	Percentile
Total Population	# 557	42nd
Population Density	# 795	17th
Median Household Income	# 604	37th
Housing Affordability Index	# 850	89th
Per Capita Income	# 770	19th
Diversity Index	# 661	31st

Midway, FL Profile: Facts & Data

Midway, Florida - Basic Facts

Midway, FL Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Midway, FL - Peer Comparisons by Rank and Percentile

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Gadsden County