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The total population of Bailey is estimated to be 459 with 207 males (45.10%) and 252 females (54.90%). There are 45 more females than males in Bailey.
The median household income in Bailey was $45,835 in 2021, which marked an an increase of 1,622(3.67%) from $44,213 in 2020. This income is 61.44% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Bailey sees its highest median household income among householders in the age group of 25 to 44 years old, at $51,343. Overall, the median household income for the town of Bailey stands at $45,835.
In Bailey, the median income for all workers aged 15 years and older, regardless of work hours, was $31,076 for males and $33,779 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $44,081 for males and $44,795 for females.
In Bailey, there are just two different racial groups among households. Among these, White households report a median household income of $78,366, while Black or African American households have a median household income of $30,708.
In 2022, the population of Bailey was 575, a 0.70% increase year-by-year from 2021. Previously, in 2021, Bailey's population was 571, an increase of 0.35% compared to a population of 569 in 2020.
The median age in Bailey, NC is 43.4, as per 2021 ACS 5-Year Estimates. Of the total population, 22.38% were under the age of 15, 15.48% aged 15 to 29, 36.90% aged 30 to 64, 23.57% aged 65 to 84, and 1.67% were 85 years of age and older.
Racial distribution of Bailey population: 56.67% are White, 10.48% are Black or African American, 6.67% are Asian, 14.05% are some other race and 12.14% are multiracial.