Bailey is a somewhat small town located in the state of Colorado. With a population of 10,739 people and two constituent neighborhoods, Bailey is the 50th largest community in Colorado.
Housing costs in Bailey are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in Colorado.
Unlike some towns, Bailey isn’t mainly white- or blue-collar. Instead, the most prevalent occupations for people in Bailey are a mix of both white- and blue-collar jobs. Overall, Bailey is a town of sales and office workers, professionals, and managers. There are especially a lot of people living in Bailey who work in office and administrative support (14.51%), sales jobs (11.29%), and management occupations (10.83%).
Also of interest is that Bailey has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 7.83% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Because of many things, Bailey is a great place for families with children to consider. First of all, many other families with children live here, making Bailey a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Bailey has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Bailey’s overall crime rate ranks among the lowest in the country, making it one of the safest places to raise a family.
Residents will find that the town is relatively quiet. This is because it is not over-populated, and it has fewer college students, renters, and young children - all of whom can be noisy at times. So, if you're looking for a relatively peaceful place to live, Bailey is worth considering.
One downside of living in Bailey, however, is that residents on average have to contend with a long commute, spending on average 39.16 minutes every day commuting to work.
In terms of college education, Bailey is substantially better educated than the typical community in the nation, which has 21.84% of the adults holding a bachelor's degree or graduate degree: 30.45% of adults in Bailey have a college degree.
The per capita income in Bailey in 2018 was $35,307, which is upper middle income relative to Colorado and the nation. This equates to an annual income of $141,228 for a family of four. However, Bailey contains both very wealthy and poor people as well.
Bailey is a somewhat ethnically-diverse town. The people who call Bailey home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Bailey residents report their race to be White, followed by Native American. Important ancestries of people in Bailey include German, English, Irish, Italian, and Scottish.
The most common language spoken in Bailey is English. Other important languages spoken here include Italian and Spanish.