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ZipNumbers

North Carolina · Census place 03020

Bailey town, NC

Quick answer

Bailey town has 504 residents, ranking #585 of 777 places in North Carolina. Median household income is $48,929, the median home is worth $124,200 and median gross rent runs $873 a month.

Population
504Bailey town residents
Median household income
$48,929Past 12 months, inflation adjusted
Median home value
$124,200Owner-occupied units
Median gross rent
$873Rent plus utilities, monthly
Median age
44.5 yrsAll residents
Homeownership rate
54.8%Owner-occupied households

What the numbers mean in Bailey town

Housing cost measured against local earnings.

A household earning the Bailey town median would spend about 21.4% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 25.6% of residents and 54.8% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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