Nestled in Woodford County, Kentucky, the charming city of Midway offers a unique blend of history, natural beauty, and a thriving community. As we delve into the fascinating demographics of Midway, we uncover a wealth of intriguing statistics that showcase the city’s growth, economic status, housing market, and age distribution.
Population Statistics
Midway, KY, currently boasts a population of 1,706 residents. The city experiences a steady annual growth rate of 0.47%, indicating its appeal as a desirable place to live. Impressively, since the last census, Midway has seen a population increase of 1.43%, further highlighting its allure.
Household Income
With an average household income of $91,470, Midway residents enjoy a comfortable economic status. The low poverty rate of 9.25% exemplifies the city’s commitment to providing opportunities for financial stability and prosperity to its inhabitants.
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Housing Market
The housing market in Midway reflects the city’s appeal as a place to settle down. Although specific median rental costs and house values are not available, recent trends indicate a stable and affordable rental market complemented by a reasonable median house value. This affordability contributes to Midway’s popularity among potential homeowners and renters alike.
Age Demographics
Midway’s median age of 38.3 years suggests a population that includes a diverse range of individuals at different stages of life. When examining the breakdown by gender, we find that males have a median age of 39.2 years, while females have a slightly lower median age of 37.9 years. This diversity in age distribution indicates a vibrant community with a mix of experiences and perspectives.
Conclusion
In conclusion, Midway, KY, stands out as a hidden gem with its fascinating demographics. Its population growth rate, economic status, housing market, and age distribution create a tapestry of an inclusive and thriving community. With a population of 1,706 residents, an average household income of $91,470, and a low poverty rate of 9.25%, Midway offers a prosperous environment for its residents.
The stable housing market adds to its appeal, making it an attractive destination for individuals and families looking to establish roots. The diverse age demographics further enhance the city’s uniqueness, fostering a community where individuals from different generations can come together and thrive. Midway, KY, truly exemplifies the beauty of small-town living with its fascinating demographics.
So, if you’re seeking a place where history meets progress, nature meets community, and diversity meets unity, look no further than Midway, KY. This hidden gem is waiting to be discovered by those who appreciate both its rich heritage and promising future.
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