Zip 80421 (Bailey, CO) Economy


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Bailey, Colorado is a small town located in Park County. Sitting at an elevation of 8,042 feet, Bailey offers quaint mountain living with breathtaking views of the surrounding Rockies. The average two bedroom rent rate in Bailey is $1,570 which is slightly more expensive than the US average of $1,430. Grocery cost index in Bailey is 101 compared to 100 around the US.
When visiting Bailey one can find many local businesses and attractions to explore. Some popular places include Elk Creek Brewing Company for craft beer tasting, Buffalo Village Inn & Saloon for casual American eats and Lariat Bar for country music and line dancing. If looking to spend time outdoors there's the South Platte River Trail for fishing or hiking and Meadow Creek Reservoir for fishing, kayaking, canoeing, and camping.

Bailey (zip 80421) has an unemployment rate of 5.0%. The US average is 6.0%.

Bailey (zip 80421) has seen the job market increase by 3.0% over the last year. Future job growth over the next ten years is predicted to be 51.5%, which is higher than the US average of 33.5%.

Tax Rates for Bailey (zip 80421)
- The Sales Tax Rate for Bailey (zip 80421) is 3.9%. The US average is 7.3%.
- The Income Tax Rate for Bailey (zip 80421) is 4.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Bailey (zip 80421)
- The average income of a Bailey (zip 80421) resident is $31,031 a year. The US average is $28,555 a year.
- The Median household income of a Bailey (zip 80421) resident is $87,261 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBailey, ColoradoUnited States
  56
  -4.6%-6.2%
  51.5%33.5%
  3.9%6.2%
  4.6%4.6%
  $39,886$37,638
  $87,261$69,021
  $97,538$85,028
  Population by Occupation
  2.8%1.2%
  0.9%0.5%
  12.0%6.8%
  6.1%10.0%
  3.8%2.5%
  13.6%11.0%
  4.5%4.8%
  1.6%0.8%
  1.2%1.9%
  5.3%4.7%
  1.9%1.9%
  9.2%7.6%
  0.0%0.1%
  3.0%4.2%
  7.2%9.3%
  4.4%14.0%
  0.4%2.1%
  7.0%7.0%
  6.5%4.8%
  8.6%4.7%
Reviews for Bailey
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This review is coming from a long time local, and will try to be as honest and thorough as possible. Bailey is basically another bedroom community for Denver. Little  More

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This is an awesome place to live. Tons of open space and beautiful views! Low taxes in Park county as well. I made a great choice moving  More

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