Midway is a small town of 1,748 in Kentucky, with a median household income of $63,938
and a 5.0% unemployment rate.
Its cost of living index is 93 (US average = 100), which is
7% below the national average.
Strengths:
Midway stands out for an affordable cost of living, below-average home prices, solid school ratings (A-), a well-educated population, short average commutes.
Trade-offs:
No major red flags stand out in the available data. Whether Midway is right for you depends on your priorities — the full breakdown is below.
All Midway city data on this page comes from official government sources —
the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.
Cost of Living
Index: 93.1
Midway's overall cost of living index is 93.1,
where 100 represents the US national average.
Living in Midway costs roughly 7% less than the average American city.
Metric
Midway, KY
National Avg
Median Home Value
$238,600
$244,900
Median Monthly Rent
$840
$1,163
Homeownership Rate
68.8%
65.9%
Median Household Income
$63,938
$74,755
Crime & Safety
Very Safe
Midway's violent crime rate is 71.1 per 100,000 residents
— 81% lower than the national average of ~380 per 100,000.
Violent Crime
71.1 /100k
Property Crime
834.1 /100k
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
Midway is served primarily by Woodford County.
The student-to-teacher ratio is 16.0:1
.
Metric
Midway, KY
National Avg
School District
Woodford County
—
Elementary Schools
4
—
Middle Schools
1
—
High Schools
3
—
Student/Teacher Ratio
16.0:1
16:1
Bachelor's Degree or Higher
48.7%
35.4%
High School Diploma or Higher
96.6%
91.1%
Weather & Climate
Midway sees average highs of 41.2°F in January
and 84.4°F in July,
with 49.3 inches of annual precipitation
and 14.5 inches of snow per year.
Midway's cost of living index is 93, where 100 is the national average.
That makes Midway roughly 7% less expensive than a typical US city — a meaningful affordability advantage.
The median home price is $238,600 and median rent is $840/month.
Midway's violent crime rate is 71.1 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 834.1 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Midway are operated by Woodford County.
The district has 4 elementary, 1 middle, and 3 high schools.
The student-to-teacher ratio is 16.0:1. 48.7% of adults 25+ hold a bachelor's degree or higher.
Midway, KY has a population of 1,748, a median household income of $63,938, and an unemployment rate of 5.0%.
It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Midway averages 41.2°F in January and 84.4°F in July. Annual rainfall is 49.3 inches
with about 14.5 inches of snow per year.
Based on NOAA 30-year climate normals (1991–2020).
Midway, KY is covered by 1 ZIP code: 40347.
The population of Midway, Kentucky is 1,748 with a median age of 41.7. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Midway: cost of living index 93 (100 = US average), median home $238,600, median household income $63,938, crime index 27 (100 = US average, lower is safer), schools rated A-. Whether these are benefits or drawbacks depends on where you're coming from — compare Midway side by side with your current city to see the trade-offs.