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Bailey, NC

Full City Profile · North Carolina · Johnston County County

2.7 /5.0
C+ Fair
504 Population 720/sq mi density
$48,929 Median Income $22,913 per capita
$124,200 Home Value $275,477 Zillow
$873 Median Rent 17.9% income on rent
61°F Avg Temperature 310 sunny days/yr
357 Violent Crime/100K 2,679 property/100K
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.8 / 5.0
$48,929 median income, 1.9% unemployment
A+
Affordability
5.0 / 5.0
$124,200 home value, $873/mo rent
F
Safety
1.0 / 5.0
357 violent crimes/100K
D
Education
2.0 / 5.0
12.4% bachelor's degree or higher

Housing Overview

Median Home Value
$124,200
56% below
US avg: $281,900
Median Rent
$873/mo
25% below
US avg: $1,163/mo
Homeownership Rate
54.8%
16% below US avg (65.4%)
Total Housing Units
288
Median year built: 1958

Home Value by Source

Census Median
$124,200
Zillow (ZHVI)
$275,477
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

54.8%
Owner-Occupied
45.2%
Renter-Occupied
55%
45%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$932/mo
1 Bedroom
$981/mo
2 Bedroom
$1,161/mo
3 Bedroom
$1,499/mo
4 Bedroom
$1,780/mo
Census median rent: $873/mo

Affordability & Housing Stock

Rent Burden
17.9%
of renters spending 30%+ of income on housing
42% below US avg (31.0%)
Median Year Built
1958
Average age of housing stock: 68 years
Homeownership Rate
54.8%

Complete Housing Data

Home Values

Census Median Value$124,200
Zillow Home Value (ZHVI)$275,477

Rent

Census Median Rent$873
FMR Studio$932
FMR 1-Bedroom$981
FMR 2-Bedroom$1,161
FMR 3-Bedroom$1,499
FMR 4-Bedroom$1,780

Market

Ownership & Stock

Owner-Occupied54.8%
Renter-Occupied45.2%
Homeownership Rate54.8%
Total Housing Units288
Median Year Built1958
Rent Burden17.9%