Bailey's Prairie, TX
Population 730 · Texas
About Bailey's Prairie, TX
Bailey's Prairie is a small community located in Texas with a population of 730 residents according to the latest US Census Bureau American Community Survey data. The median household income is $94,306 per year, which is 25% above the national median of $75,149. The median age of 51 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Bailey's Prairie features a median home value of $363,600, which is 48% above the national median of $244,900. This positions Bailey's Prairie in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 302 total housing units, 93% are owner-occupied (268 units) and 7% are renter-occupied (19 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Bailey's Prairie shows an unemployment rate of 1.4%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 10.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Bailey's Prairie have an average one-way commute time of 31.7 minutes.
Education & Demographics
29.6% of Bailey's Prairie residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 6.6% White, 1.5% Hispanic or Latino, 0.3% Black or African American, and 2.3% Asian residents, with 1.1% of the population being foreign-born.
Cost of Living in Bailey's Prairie, TX
Compared to national averages, Bailey's Prairie has a median household income of $94,306 (25% above the national median of $75,149). Home values average $363,600, which is 48% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Texas, Bailey's Prairie's income is 30% above the state average of $72,726, and home values are 72% above the state median of $211,769.
Why Live in Bailey's Prairie, TX?
Bailey's Prairie offers a strong local economy with a median household income of $94,306, well above the national average, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 1.4%. Additionally, the city features a low poverty rate of 10.0%, better than the national average.
Bailey's Prairie has a population of 730 with a median age of 51 years. Compare Bailey's Prairie with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Bailey's Prairie
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Pecan Hill | 730 | $101,667 | $312,300 | Compare |
| Riviera | 730 | $71,474 | $101,300 | Compare |
| Boling | 732 | $98,188 | $175,900 | Compare |
| Matador | 727 | $73,417 | $86,300 | Compare |
| Briaroaks | 734 | $96,071 | $314,000 | Compare |
| New Summerfield | 726 | $66,818 | $81,400 | Compare |
| Rising Star | 734 | $31,667 | $36,500 | Compare |
| New Berlin | 724 | $106,146 | $350,000 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Texas
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Bailey's Prairie With Other Cities
Frequently Asked Questions about Bailey's Prairie
What is the population of Bailey's Prairie, TX?
The population of Bailey's Prairie, TX is 730 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Texas.
What is the median household income in Bailey's Prairie?
The median household income in Bailey's Prairie, TX is $94,306 per year, which is 25% above the national median of $75,149.
What is the median home value in Bailey's Prairie?
The median home value in Bailey's Prairie, TX is $363,600, which is 48% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Bailey's Prairie?
The median monthly rent in Bailey's Prairie, TX is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Bailey's Prairie?
The unemployment rate in Bailey's Prairie, TX is 1.4%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Bailey's Prairie, TX a good place to live?
Bailey's Prairie offers above-average incomes, a competitive housing market, and a strong job market. With a population of 730 and a median age of 51, the city appeals to established professionals and retirees.
How educated is Bailey's Prairie, TX?
29.6% of residents in Bailey's Prairie 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's Prairie?
Key cost-of-living indicators for Bailey's Prairie, TX: median home value is $363,600 (48% above national), median rent is $0/month, and median household income is $94,306. The home-value-to-income ratio is 3.9x, a moderate figure by national standards.
What is the poverty rate in Bailey's Prairie?
The poverty rate in Bailey's Prairie, TX is 10.0%, 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's Prairie, TX?
Bailey's Prairie's population is 6.6% White, 1.5% Hispanic or Latino, 0.3% Black or African American, 2.3% Asian, and 5.2% two or more races. 1.1% of residents are foreign-born.