Living in Bailey, Texas
Cost of living, income, home prices, rent and demographics of Bailey · Census data 2020–2024
Bailey has 198 residents with a median age of 48.5. The median household income is $52,917 (33% lower than the Texas median), the median home value is $118,400, the median rent is $1,300/month.
Bailey is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Bailey at a glance
- Population
- 198
- Median age
- 48.5State: 35.6
- Median household income
- $52,917State: $78,476
- Median home value
- $118,400State: $283,800
- Median rent
- $1,300/moState: $1,403
- Homeowners
- 58.2%
- Bachelor's degree or higher
- 6.1%
- Average commute
- 38 min
Is Bailey a good place to live?
Pros: Home values 58% lower than the state median.
Cons: Median household income 33% lower than the Texas median; an average commute of 38 minutes; a poverty rate of 16.7%.
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 $118,400, 64% lower than the U.S. median. Renters pay a median of $1,300 per month, which is 24.6% of household income. Homeowners with a mortgage pay $1,409 a month in housing costs.
Bailey median household income
The median household income in Bailey is $52,917 and the income per person is $28,660. 16.7% of residents live below the poverty line (Texas: 13.8%).
Housing in Bailey: homes for sale and rent
- Housing units
- 88
- Owner-occupied
- 58.2%
- Renter-occupied
- 41.8%
- Vacant
- 10.2%Includes seasonal homes
- Median year built
- 1979
- Average household size
- 2.51
Bailey demographics
- Population
- 198
- Median age
- 48.5
- Under 18
- 8.6%
- 65 and older
- 18.2%
- Households
- 79
- Foreign-born
- 8.1%
- Veterans
- 13.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Bailey ›
Education in Bailey
6.1% of adults 25 and older in Bailey have a bachelor's degree or higher (Texas: 33.8%), and 1.8% have a graduate or professional degree.
Jobs and commute in Bailey
- Unemployment rate
- 0%State: 5.3%
- Average commute
- 38 minState: 27 min
- Work from home
- 5.1%
- Drive alone
- 89.8%
- Public transit
- 0%
- Walk to work
- 0.8%
- Homes with broadband
- 74.7%
Bailey vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Bailey | 198 | $52,917 | $118,400 | $1,300 |
| Leonard | 2,505 | $54,717 | $161,100 | $1,227 |
| Wolfe City | 1,148 | $52,031 | $150,200 | $798 |
| Celeste | 1,019 | $54,375 | $184,700 | $959 |
| Trenton | 653 | $53,929 | $164,000 | $1,286 |
| Bonham | 10,697 | $57,681 | $201,800 | $1,073 |
| Dodd City | 503 | $113,906 | $129,200 | $1,514 |
| Ector | 820 | $66,161 | $153,400 | $1,113 |
| Ladonia | 537 | $49,714 | $78,300 | $442 |
More for people moving to Bailey
Bailey ZIP code ›Weather and climate ›Living in Bailey: FAQ
What is the median household income in Bailey, TX?
The median household income in Bailey is $52,917, 33% lower than the Texas median of $78,476 (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 $118,400, compared with $283,800 in Texas.
How much is rent in Bailey?
The median gross rent in Bailey is $1,300 per month, about 24.6% of household income.
Is Bailey, TX a good place to live?
Pluses: home values 58% lower than the state median. Minuses: median household income 33% lower than the Texas median; an average commute of 38 minutes; a poverty rate of 16.7%.
What is the median age in Bailey?
The median age in Bailey is 48.5 years (Texas: 35.6).
How long is the commute in Bailey?
The average commute to work in Bailey is 38 minutes; 5.1% of workers work from home.
What is the unemployment rate in Bailey?
The unemployment rate in Bailey is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Bailey?
6.1% 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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