This data is based on ZIP codes 27107, 27127, 27295, which covers Midway and Kernersville and Lexington and Wallburg and Winston-Salem.
The U.S. Census reports business data by ZIP code, not city boundaries. All numbers reflect the combined ZIP codes 27107, 27127, 27295 area shared across these towns.
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Midway ZIP Area Economy · 2023
Wages +3% vs. avg. Davidson Co. town
Midway's ZIP area supports 25,107 jobs across 1,786 businesses, with workers earning an average of $53K per year, 3% above the Davidson County average. The economy is well-diversified (0.87 index), led by retail trade and construction. 84.5% of businesses have fewer than 20 employees, and each business employs an average of 14.1 people. Jobs grew 3.3% from the prior year while business count grew 3.7%.
Where Businesses Clusteri
Larger blocks have more businesses.
Local Specialization vs. Davidson Avg.i
Industries sorted by relative concentration in this ZIP area.
Business Size Distributioni
1,786 businesses by employee count. 84.5% are small businesses (under 20 employees).
Micro (<5)
Small (5-9)
Small (10-19)
Medium (20-49)
Medium (50-99)
Large (100-249)
Major (250-499)
Major (500-999)
Economic Densityi
2.00+
jobs per resident
Capped: ZIP includes employers outside city limits
14.1
employees per business
County avg: 14.4-2%
$269K
payroll per resident
$738K
payroll per business
Midway ZIP Area vs. Avg. Davidson Co. Towni
All Industries in ZIP Areai
| Sector | Midway ZIP | Avg. Davidson Co. | Spec. |
|---|---|---|---|
| Retail Trade | 304 | 278 | 1.1x |
| Construction | 289 | 223 | 1.3x |
| Other Services | 205 | 201 | 1.0x |
| Admin Services | 137 | 120 | 1.1x |
| Food & Accommodation | 137 | 158 | 0.9x |
| Manufacturing | 106 | 102 | 1.0x |
| Healthcare | 94 | 158 | 0.6x |
| Professional Services | 89 | 138 | 0.6x |
| Transportation | 81 | 72 | 1.1x |
| Wholesale Trade | 80 | 103 | 0.8x |
| Real Estate | 74 | 86 | 0.9x |
| Finance & Insurance | 54 | 83 | 0.7x |
| Arts & Entertainment | 27 | 27 | 1.0x |
| Information | 17 | 20 | 0.9x |
| Management | 8 | 6 | 1.3x |
| Education | 8 | 16 | 0.5x |
| Agriculture | 3 | 2 | 1.5x |