Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Midway

Learn about the people, housing, costs and businesses in Midway, California

Median Home$306,202
Median Rent$1,547/month
Population24,875
Leading IndustriesArts, Food & Hospitality · Healthcare · Professional Services10% arts, food & hospitality
Home Value Growth⬆⬆+14.2% over 2 years
Family-Friendly22% of residentsnear the national average
Homeowners66% of occupied units
NotableHighly Educated27% bachelor's · 13% graduate · top 10% nationally
Midway
CA

Frequently Asked Questions

What are today's mortgage rates in Midway?

As of today, the 30-year fixed mortgage rate for Midway is approximately 6.955% (6.993% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Midway
What is the median home price in Midway?

The median home value in Midway is $306k. The median monthly rent is $1,547. Annual property taxes average $7k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Midway?

Home values in Midway have increased 14.2% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Midway?

Based on a typical all-in ownership cost of $1,550/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $66k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Midway is $92k/year.

Calculate your buying power
What industries drive the economy in Midway?

The largest employment sectors in Midway are public administration (25%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.