Midway, TN Real Estate

According to census data in the year 2000 there were 1,151 housing units in Midway. This represents a 3.4% decline from 1,192 in 1990.

Of those housing units, 758 were located in either urbanized areas or urban clusters, and 393 were located in what is classified as a rural area.

Homeownership rate in Midway is about 73%. Midway's vacancy rate, including seasonal lodging, is about 1%. Average household size is 2.5 people.

The majority of houses, apartments or condos in Midway were built after 1977.


Housing Size

Housing Units by Size
Studio Type0.60%
One Bedroom6.10%
Two Bedrooms32.10%
Three Bedrooms49%
Four Bedrooms10.40%
Five Bedrooms or more1.80%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.61
Median year structure was built1975
Median Value of occupied units$90,500

Rented Homes, Apartments and Condos

Average Household Size2.18
Median year structure was built1986
Median Monthly Rent asked for vacant units$375

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.90%
Home Equity Loan5.20%
Simple Mortgage46.20%
Debt Free43.80%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs14.7%