Bailey Lakes, OH
Population 330 · Ohio
About Bailey Lakes, OH
Bailey Lakes is a small community located in Ohio with a population of 330 residents according to the latest US Census Bureau American Community Survey data. The median household income is $68,750 per year, which is 9% below the national median of $75,149. The median age of 34.5 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Bailey Lakes features a median home value of $131,300, which is 46% below the national median of $244,900. This makes Bailey Lakes one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $924, 21% below the national average of $1,163/month. Of the 147 total housing units, 64% are owner-occupied (88 units) and 36% are renter-occupied (50 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Bailey Lakes shows an unemployment rate of 4.1%, which is near the national rate of 3.7%. The poverty rate stands at 9.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Bailey Lakes have an average one-way commute time of 27 minutes.
Education & Demographics
19.8% of Bailey Lakes residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 2.1% White, 5.5% Hispanic or Latino, 0.9% Black or African American, and 0.0% Asian residents, with 0.3% of the population being foreign-born.
Cost of Living in Bailey Lakes, OH
Compared to national averages, Bailey Lakes has a median household income of $68,750 (9% below the national median of $75,149). Home values average $131,300, which is 46% below the national median. Monthly rent at $924 is 21% below the US average of $1,163. Within Ohio, Bailey Lakes's income is 4% below the state average of $71,814, and home values are 25% below the state median of $174,449.
Why Live in Bailey Lakes, OH?
Bailey Lakes offers affordable housing with a median home value of $131,300, below the US average of $244,900, and rent that’s lower than the national average at $924/month, and a low poverty rate of 9.4%, better than the national average.
Potential considerations include median household income ($68,750) that falls below the national average. However, Bailey Lakes’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Bailey Lakes has a population of 330 with a median age of 34.5 years. Compare Bailey Lakes with other cities to see how it stacks up, or explore all cities in Ohio.
Similar Cities Near Bailey Lakes
Cities in Ohio with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Adamsville | 331 | $123,971 | $56,500 | Compare |
| Midland | 331 | $44,792 | $116,700 | Compare |
| Benton Ridge | 328 | $75,938 | $123,800 | Compare |
| Lawrenceville | 332 | $38,929 | $0 | Compare |
| Adelphi | 327 | $36,563 | $123,800 | Compare |
| Brownsville | 333 | $0 | $66,800 | Compare |
| College Corner | 327 | $51,094 | $116,400 | Compare |
| Rushville | 333 | $71,292 | $183,400 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Ohio
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Bailey Lakes
What is the population of Bailey Lakes, OH?
The population of Bailey Lakes, OH is 330 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Ohio.
What is the median household income in Bailey Lakes?
The median household income in Bailey Lakes, OH is $68,750 per year, which is 9% below the national median of $75,149.
What is the median home value in Bailey Lakes?
The median home value in Bailey Lakes, OH is $131,300, which is 46% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Bailey Lakes?
The median monthly rent in Bailey Lakes, OH is $924, which is 21% below the national average of $1,163/month.
What is the unemployment rate in Bailey Lakes?
The unemployment rate in Bailey Lakes, OH is 4.1%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Bailey Lakes, OH a good place to live?
Bailey Lakes offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 330 and a median age of 34.5, the city appeals to young professionals and families.
How educated is Bailey Lakes, OH?
19.8% of residents in Bailey Lakes aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Bailey Lakes?
Key cost-of-living indicators for Bailey Lakes, OH: median home value is $131,300 (46% below national), median rent is $924/month, and median household income is $68,750. The home-value-to-income ratio is 1.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Bailey Lakes?
The poverty rate in Bailey Lakes, OH is 9.4%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Bailey Lakes, OH?
Bailey Lakes's population is 2.1% White, 5.5% Hispanic or Latino, 0.9% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.3% of residents are foreign-born.