Bailey, NC
Population 504 · North Carolina
About Bailey, NC
Bailey is a small community in North Carolina with a population of 504 residents. The median household income is $48,929 per year, which is below the national average. The median age in Bailey is 44.5 years.
Housing in Bailey has a median home value of $124,200 and median monthly rent of $873. Of the 282 total housing units, the majority are owner-occupied, with 103 owner-occupied and 85 renter-occupied units.
The unemployment rate in Bailey is 3.5% and the poverty rate is 25.6%. 12.4% of residents hold a bachelor's degree or higher. The average commute time is 27.6 minutes.
Cost of Living in Bailey, NC
Compared to national averages, Bailey has a median household income of $48,929 (35% below the national median of $75,149). Home values average $124,200, which is 49% below the national median. Monthly rent at $873 is 25% below the US average of $1,163. Within North Carolina, Bailey's income is 24% below the state average of $64,468, and home values are 46% below the state median of $228,922.
Why Live in Bailey, NC?
Bailey offers affordable housing with a median home value of $124,200, below the US average of $244,900, and rent that’s lower than the national average at $873/month, and a strong job market with an unemployment rate of just 3.5%.
Potential considerations include median household income ($48,929) that falls below the national average. However, Bailey’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Bailey has a population of 504 with a median age of 44.5 years. Compare Bailey with other cities to see how it stacks up, or explore all cities in North Carolina.
Similar Cities Near Bailey
Cities in North Carolina with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Sugar Mountain | 503 | $110,000 | $312,200 | Compare |
| Scotch Meadows | 506 | $110,694 | $233,000 | Compare |
| Ruffin | 501 | $0 | $119,700 | Compare |
| Webster | 501 | $54,444 | $330,000 | Compare |
| Kingstown | 499 | $31,625 | $87,100 | Compare |
| Fair Bluff | 513 | $29,063 | $48,900 | Compare |
| Gloucester | 514 | $78,125 | $277,000 | Compare |
| Hot Springs | 494 | $39,167 | $184,900 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in North Carolina
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Bailey
What is the population of Bailey, NC?
The population of Bailey, NC is 504 according to the latest Census data.
What is the median household income in Bailey?
The median household income in Bailey, NC is $48,929 per year.
What is the median home value in Bailey?
The median home value in Bailey, NC is $124,200.
What is the average rent in Bailey?
The median monthly rent in Bailey, NC is $873.
What is the unemployment rate in Bailey?
The unemployment rate in Bailey, NC is 3.5%.