Living in Bailey, North Carolina
Cost of living, income, home prices, rent and demographics of Bailey · Census data 2020–2024
Bailey has 422 residents with a median age of 47.4. The median household income is $60,208 (17% lower than the North Carolina median), the median home value is $155,700, the median rent is $814/month.
Bailey is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Bailey at a glance
- Population
- 422
- Median age
- 47.4State: 39.1
- Median household income
- $60,208State: $72,388
- Median home value
- $155,700State: $288,900
- Median rent
- $814/moState: $1,228
- Homeowners
- 58.3%
- Bachelor's degree or higher
- 14.8%
- Average commute
- 27 min
Is Bailey a good place to live?
Pros: Home values 46% lower than the state median; unemployment of 2.5%.
Cons: Median household income 17% lower than the North Carolina median; an average commute of 27 minutes; a poverty rate of 17.8%.
The weather is best in April–May and September–October.
Cost of living in Bailey
Housing is the biggest part of the cost of living. In Bailey the median home value is $155,700, 53% lower than the U.S. median. Renters pay a median of $814 per month, which is 19.9% of household income. Homeowners with a mortgage pay $1,317 a month in housing costs.
Bailey median household income
The median household income in Bailey is $60,208 and the income per person is $24,979. 17.8% of residents live below the poverty line (North Carolina: 13%).
Housing in Bailey: homes for sale and rent
- Housing units
- 239
- Owner-occupied
- 58.3%
- Renter-occupied
- 41.7%
- Vacant
- 31.8%Includes seasonal homes
- Median year built
- 1955
- Average household size
- 2.55
31.8% of homes are vacant most of the year, a sign that Bailey has many vacation and second homes.
Bailey demographics
- Population
- 422
- Median age
- 47.4
- Under 18
- 22.5%
- 65 and older
- 29.4%
- Households
- 163
- Foreign-born
- 13.7%
- Veterans
- 12.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Bailey ›
Education in Bailey
14.8% of adults 25 and older in Bailey have a bachelor's degree or higher (North Carolina: 35.7%), and 3.5% have a graduate or professional degree.
Jobs and commute in Bailey
- Unemployment rate
- 2.5%State: 4.7%
- Average commute
- 27 minState: 25 min
- Work from home
- 7.4%
- Drive alone
- 87.2%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 81.6%
Bailey vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Bailey | 422 | $60,208 | $155,700 | $814 |
| Sims | 522 | $78,267 | $196,900 | $1,027 |
| Middlesex | 867 | $48,281 | $216,900 | $645 |
| Wilson | 48,370 | $52,485 | $210,700 | $971 |
| Lucama | 1,205 | $54,583 | $115,500 | $980 |
| Spring Hope | 1,387 | $38,393 | $161,000 | $763 |
| Zebulon | 8,711 | $79,112 | $320,700 | $1,109 |
| Kenly | 2,359 | $57,045 | $205,200 | $787 |
| Lake Royale | 3,168 | $107,806 | $280,400 | $1,390 |
More for people moving to Bailey
Bailey ZIP code ›Weather and climate ›Living in Bailey: FAQ
What is the median household income in Bailey, NC?
The median household income in Bailey is $60,208, 17% lower than the North Carolina median of $72,388 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Bailey?
The median home value in Bailey is $155,700, compared with $288,900 in North Carolina.
How much is rent in Bailey?
The median gross rent in Bailey is $814 per month, about 19.9% of household income.
Is Bailey, NC a good place to live?
Pluses: home values 46% lower than the state median; unemployment of 2.5%. Minuses: median household income 17% lower than the North Carolina median; an average commute of 27 minutes; a poverty rate of 17.8%.
What is the median age in Bailey?
The median age in Bailey is 47.4 years (North Carolina: 39.1).
How long is the commute in Bailey?
The average commute to work in Bailey is 27 minutes; 7.4% of workers work from home.
What is the unemployment rate in Bailey?
The unemployment rate in Bailey is 2.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Bailey?
14.8% of adults in Bailey have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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