Conway is also a major college town with a large number of people who are 18 years or older and attending college. As is often the case in college towns, the many students that live in Conway have a strong influence on the local culture and entertainment scene, which may seem dormant by comparison in the summer months when much of the student population is away. In the fall, the return of students has a reinvigorating effect on the community. Because colleges are lasting institutions, they have a stabilizing effect on the economy by providing direct local benefits such as jobs for faculty and staff and spending by students. Conway’s economy is one such example of this.
The percentage of adults in Conway who are college-educated is close to the national average for all communities of 21.84%: 19.13% of the adults in Conway have a bachelor's degree or advanced degree.
The per capita income in Conway in 2022 was $25,243, which is lower middle income relative to South Carolina, and low income relative to the rest of the US. This equates to an annual income of $100,972 for a family of four. However, Conway contains both very wealthy and poor people as well.
Conway is an extremely ethnically-diverse city. The people who call Conway home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Conway residents report their race to be White, followed by Black or African-American. Important ancestries of people in Conway include German, Irish, English, Italian, and Scottish.
The most common language spoken in Conway is English. Other important languages spoken here include Italian and Spanish.
