Bailey, TX

Full City Profile · Texas · Fannin County County

3.1 /5.0
B Good
190 Population 475/sq mi density
$53,750 Median Income $26,972 per capita
$110,400 Home Value $366,765 Zillow
$1,354 Median Rent 23.8% income on rent
64°F Avg Temperature
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.9 / 5.0
$53,750 median income, 12.0% unemployment
A+
Affordability
5.0 / 5.0
$110,400 home value, $1,354/mo rent
F
Education
1.3 / 5.0
4.1% bachelor's degree or higher

Bailey, TX

At a Glance

Median Income
$53,750
28% below
$26,972 per capita
Home Value
$110,400
61% below
Zillow: $366,765
Median Rent
$1,354/mo
16% above
23.8% of income on rent
Bachelor's Degree+
4.1%
88% below
58.5% high school+
Unemployment
12.0%
233% above
5.4% poverty rate
Obesity Rate
37.6%
17% above
16.8% smoking rate
Avg Temperature
64°F

How Bailey Compares to the U.S. Average

Each bar shows Bailey's value as a percentage of the national average (100% = U.S. avg)

Income
72%
Home Value
39%
Rent
116%
Poverty
44%
Bachelor's
12%
Unemployment
333%
Thin vertical line = U.S. national average (100%)

Is Bailey a Good Place to Live?

B
3.1 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Bailey residents earn a median household income of $53,750 , which is 28% below the national average of $75,149. Per capita income is $26,972. The unemployment rate stands at 12.0% (233% above the U.S. rate of 3.6%). 5.4% of residents live below the poverty line. The area is home to 635 business establishments, including 39 restaurants.

Housing & Cost of Living

The median home value in Bailey is $110,400 , 61% below the national median of $281,900. Zillow estimates the typical home at $366,765. Median rent is $1,354/month, with 23.8% of renters spending more than 30% of income on housing. The cost of living index is 97.1 (100 = national average). The median home was built in 1976.

Education

4.1% of adults in Bailey hold a bachelor's degree or higher (88% below the national average). 58.5% have completed high school. Local schools score 4.7/10 in standardized testing.

Climate & Weather

Bailey has an average annual temperature of 64°F (18°C). Winters average 43°F in January while summers reach 84°F in July. Annual precipitation totals 46.2 inches.

Data Overview

People

Population190
Median Age49.7 yrs
Density475/mi²
Male / Female50% / 50%
Foreign Born7.4%
Veterans15.8%

Economy

C+
Median Income$53,750
Per Capita$26,972
Unemployment12.0%
Poverty5.4%
County GDP$1,542M
Avg Weekly Wage$1,067

Housing

A+
Home Value$110,400
Rent$1,354
Ownership72.4%
Zillow$366,765
Housing Units112
Rent Burden23.8%

Health

Obesity37.6%
Diabetes10.4%
Smoking16.8%
Heart Disease6.0%
Premature Death10,352/100K

Climate

Avg Temp64°F
Rain46.2 in/yr
Elevation719 ft

Education

F
Bachelor's+4.1%
High School+58.5%
Graduate+0.5%
School Score4.7/10

Community

2024 VoteR 83% / D 16%
Commute41 min
Broadband68.4%
Internet Speed58 Mbps
EV Stations3
Libraries3

Did You Know?

The median home in Bailey was built in 1976.
The nearest airport is North Texas Regional/Perrin Field (35 miles).
The Gini coefficient (income inequality) is 0.474 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
28.4% of the population has a disability.
The county recorded 11 fatal vehicle crashes.
91 declared natural disasters on record.