Bailey County, TX Economy


Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
United States / Texas / No Metro Area / Bailey County / Cities / Zip Codes
Bailey, TX County is an ideal location for those looking for a more affordable lifestyle. The 2 bedroom rent in Bailey comes in at $830 compared to the US average of $1,430, making it much more cost-effective. Additionally, groceries are significantly cheaper with a grocery cost index of 93 compared to 100 in the US. Local businesses such as Bailey's General Store and Bailey's Supermarket make shopping for food easy and affordable. All together, Bailey offers a lower cost of living without sacrificing quality or convenience.

Bailey County has an unemployment rate of 5.6%. The US average is 6.0%.

Bailey County has seen the job market decrease by -3.5% over the last year. Future job growth over the next ten years is predicted to be 13.2%, which is lower than the US average of 33.5%.

Tax Rates for Bailey County
- The Sales Tax Rate for Bailey County is 8.2%. The US average is 7.3%.
- The Income Tax Rate for Bailey County is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Bailey County
- The average income of a Bailey County resident is $28,399 a year. The US average is $37,638 a year.
- The Median household income of a Bailey County resident is $64,044 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBailey, TexasUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Health

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.