Bailey County, Texas
Income Data
U.S. Census Bureau ACSAt a Glance
Economic Indicators
How Bailey County Compares
Detailed Income Statistics
Income Advisory: Bailey County
Income Verdict
Bailey County has a median household income of $70,625 and per capita income of $30,860 — a gap of $39,765, indicating a strong family-earning economy with multiple earners per household.
Housing Affordability
With median gross rent at $744/month and a median household income of $70,625, rent consumes approximately 12.6% of monthly income — well within affordable thresholds.
Economic Context
A median household income of $70,625 suggests moderate-to-strong purchasing power, generally sufficient to cover essentials with room for discretionary spending in most markets. Per capita income of $30,860 is in line with national norms for individual earners.
Neighbor Context
Bailey County earns approximately 9.1% above the Texas state median household income of $64,737, positioning it favorably within the state.
Data Story
About Household Income in Bailey County, Texas
Bailey County earns below national average
At $70,625, Bailey County's median household income falls short of the $74,755 national median by about $4,100. This places the county in the lower-middle range nationally, though it outperforms the Texas state average of $64,737 by nearly 9%.
Comfortably above Texas median
Bailey County ranks above the Texas state median household income, beating the state average by $5,888. This strong position reflects a county economy that performs better than most other Texas counties on income measures.
Competitive with surrounding counties
Bailey County's $70,625 median sits in the middle range of West Texas communities, performing better than Baylor County ($42,313) but below nearby Bastrop County ($82,730). The county's per capita income of $30,860 is slightly below the state average of $33,197, suggesting income is somewhat distributed across fewer earners.
Rent costs reasonable for local wages
At 12.6%, Bailey County's rent-to-income ratio is among the most affordable in Texas, well below the 21% threshold considered sustainable. A median household earning $70,625 annually pays roughly $740 monthly in rent, leaving ample room for other expenses.
Build financial security in Bailey County
With a median household income of $70,625 and one of the state's lowest housing cost burdens, Bailey County residents have genuine opportunity to save and invest. Consider working with a financial advisor to direct your rent savings—roughly $9,000+ annually—toward retirement accounts or property ownership.
Frequently Asked Questions
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Income Comparison Calculator
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Your income is above the Bailey County median
County median: $70,625 per year
vs. County Median
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vs. State Average
+9%
vs. National Median
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Income Adequacy
Your monthly income ($5,885) vs. median rent ($744/mo). A ratio of 3.3x or higher means rent is under 30% of income.
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.