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Midway North

Learn about the people, housing, costs and businesses in Midway North, Texas

Median Home$98,311
Median Rent$890/month
Population3,833
Leading IndustriesPublic Administration · Information & Media · Finance & Insurance34% public administration
Home Value Growth+8.5% over 2 years
Family-Friendly25% of residentsslightly above average
Homeowners87% of occupied units
Midway North
TX

Frequently Asked Questions

What are today's mortgage rates in Midway North?

As of today, the 30-year fixed mortgage rate for Midway North is approximately 6.982% (7.021% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Midway North?

The median home value in Midway North is $98k. The median monthly rent is $890. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Midway North?

Home values in Midway North have increased 8.5% over the past two years. This represents moderate growth. 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 North?

Based on a typical all-in ownership cost of $597/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $26k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Midway North is $61k/year.

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What industries drive the economy in Midway North?

The largest employment sectors in Midway North are public administration (34%) and wholesale trade (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.