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Midway South

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

Median Home$89,749
Median Rent$799/month
Population2,484
Leading IndustriesWholesale Trade · Finance & Insurance · Information & Media15% wholesale trade
Home Value Growth+7.2% over 2 years
Family-Friendly37% of residentstop 1% nationally
Homeowners76% of occupied units
NotableAffordable Market$90k median home · lower cost than 95% of the country
Midway South
TX

Frequently Asked Questions

What are today's mortgage rates in Midway South?

As of today, the 30-year fixed mortgage rate for Midway South is approximately 6.946% (6.984% 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 South
What is the median home price in Midway South?

The median home value in Midway South is $90k. The median monthly rent is $799. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Midway South?

Home values in Midway South have increased 7.2% 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 South?

Based on a typical all-in ownership cost of $732/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $31k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Midway South is $48k/year.

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What industries drive the economy in Midway South?

The largest employment sectors in Midway South are public administration (21%) and wholesale trade (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.