Bailey is a somewhat small town located in the state of Colorado. With a population of 10,076 people and three associated neighborhoods, Bailey is the 55th 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.
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: 18.92% 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.
Bailey is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the 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.
It is a fairly quiet town because there are relatively few of those groups of people who have a tendency to be noisy. (Children, for example, often can't help themselves from being noisy, and being parents ourselves, we know!) Bailey has relatively few families with children living at home, and is quieter because of it. Renters and college students, for their own reasons, can also be noisy. Bailey has few renters and college students. But the biggest reason it is quieter in Bailey than in most places in America, is that there are just simply fewer people living here. If you think trees make good neighbors, Bailey may be for you.
One downside of living in Bailey is that it can take a long time to commute to work. In Bailey, the average commute to work is 38.78 minutes, which is quite a bit higher than the national average.
The education level of Bailey citizens is very high relative to the national average among all cities (21.84%): 36.75% of adults in Bailey have a bachelor's degree or even advanced degree.
The per capita income in Bailey in 2022 was $49,425, which is upper middle income relative to Colorado, and wealthy relative to the rest of the US. This equates to an annual income of $197,700 for a family of four.
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.