Midway is located close to the center of Kentucky. Midway is between the Woodford, Franklin, Scott county. Midway has 1.06 square miles of land area and 0.00 square miles of water area. As of 2010-2014, the total Midway population is 1,688, which has grown 4.20% since 2000. The population growth rate is lower than the state average rate of 8.45% and is much lower than the national average rate of 11.61%. Midway median household income is $55,000 in 2010-2014 and has grown by 8.04% since 2000. The income growth rate is much lower than the state average rate of 28.72% and is much lower than the national average rate of 27.36%. Midway median house value is $161,600 in 2010-2014 and has grown by 54.20% since 2000. The house value growth rate is higher than the state average rate of 40.25% and is higher than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Midway is better than the state average in quality. The Midway area code is 859.