Bailey Lakes, OH
Full City Profile · Ohio · Ashland County County
Bailey Lakes, OH
At a Glance
How Bailey Lakes Compares to the U.S. Average
Each bar shows Bailey Lakes's value as a percentage of the national average (100% = U.S. avg)
Is Bailey Lakes a Good Place to Live?
Economy & Jobs
Bailey Lakes residents earn a median household income of $68,750 , which is 9% below the national average of $75,149. Per capita income is $32,125. The unemployment rate stands at 4.1% (14% above the U.S. rate of 3.6%). 6.3% of residents live below the poverty line. The area is home to 1,236 business establishments, including 97 restaurants.
Housing & Cost of Living
The median home value in Bailey Lakes is $131,300 , 53% below the national median of $281,900. Zillow estimates the typical home at $193,683. Median rent is $924/month, with 22.0% of renters spending more than 30% of income on housing. The cost of living index is 92.8 (100 = national average). The median home was built in 1963.
Education
19.8% of adults in Bailey Lakes hold a bachelor's degree or higher (41% below the national average). 96.1% have completed high school. Local schools score 6.1/10 in standardized testing.
Climate & Weather
Bailey Lakes has an average annual temperature of 51°F (10°C). Winters average 27°F in January while summers reach 73°F in July. Annual precipitation totals 42.5 inches.