Bailey, North Carolina is a great place to live if you’re looking for an affordable lifestyle. The 2 bedroom rent in Bailey is estimated to be $850 which is much lower when compared to the US average rate of $1,430. Additionally, grocery costs in Bailey have an index of 95 compared to the US average 100 indicating cheaper grocery prices. There are several local companies conveniently located near Bailey such as Memorials Unlimited Inc., J&H Poultry Farms LLC, and A & B Home Care. These businesses provide excellent services and goods at competitive prices. Other nearby amenities such as entertainment venues, restaurants, cafes and shopping centers may cost around $25-45 depending on the type of activity or experience desired.
Bailey (zip 27807) has an unemployment rate of 5.8%. The US average is 6.0%.
Bailey (zip 27807) has seen the job market decrease by -1.1% over the last year. Future job growth over the next ten years is predicted to be 21.2%, which is lower than the US average of 33.5%.
Tax Rates for Bailey (zip 27807)
- The Sales Tax Rate for Bailey (zip 27807) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Bailey (zip 27807) is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Bailey (zip 27807)
- The average income of a Bailey (zip 27807) resident is $18,096 a year. The US average is $28,555 a year.
- The Median household income of a Bailey (zip 27807) resident is $51,721 a year. The US average is $69,021 a year.