Bailey is a medium-sized town located in the state of Colorado. With a population of 10,286 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.
Of important note, Bailey is also a town of artists. Bailey has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Bailey’s character.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 26.02% 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.
Because of many things, Bailey is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Bailey really has some of the features that families look for when choosing a good community to raise children. Is Bailey perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.
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 39.23 minutes, which is quite a bit higher than the national average.
The population of Bailey is very well educated relative to most cities and towns in the nation, where the average community has 21.84% of its adult population holding a 4-year degree or higher: 38.50% of adults in Bailey have a bachelor's degree or even advanced degree.
The per capita income in Bailey in 2022 was $62,214, which is wealthy relative to Colorado and the nation. This equates to an annual income of $248,856 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 Black or African-American. Important ancestries of people in Bailey include German, English, Irish, Italian, and Norwegian.
The most common language spoken in Bailey is English. Other important languages spoken here include Italian and Spanish.