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Bailey, North Carolina Mortgage and Housing Information

Population: 670
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.

Cost of Single-Family Houses

Median price asked
in year 2000
$30,000

Value of Houses and Condos

A comparison of the average prices of homes in Bailey, North Carolina and the U.S.
U.S.North CarolinaBailey
Median home value
in year 2000
$111,800$95,800$80,800

Monthly Owner Costs

Median owner costs for owner-occupied houses and condos in year 2000
U.S.North CarolinaBailey
With a mortgage$1,088$985$850
Without a mortgage$295$254$286

Ownership of Single-family Houses

Types of mortgages for owner-occupied Single-family Houses in Bailey (2000)
Mortgage TypeNumber of Single-family HousesPercent of total
Without a mortgage8647.8%
First Mortgage Only4826.7%
Second Mortgage and/or Home Equity Loan4625.6%
Total180100%

Tenancy in Bailey

How many people in Bailey live in their own home? How many rent their home? Data for houses and condos, from 2000.
Owner-occupied homes200
Renter-occupied homes74
Homes for sale4
Homes for rent11
Total302

Age of Bailey Residents

Median age for males and females (2000).
Males 34
Females 42

Income

Median earnings for the 12 months preceding 2000, residents over 16 years with earnings
U.S.North CarolinaBailey
Median Earnings$23,755$22,276$23,370
Median Earnings, Males$29,458$26,812$27,206
Median Earnings, Females$18,957$18,619$16,429

Males earn $10,777 (65.6%) more than Females in Bailey.

Commuting in Bailey

Means of transportation to work, workers over 16 years old.
Means of TransportNumber of People
Car, solo237
Carpooled28
Public Transit0
Bicycle0
Walking14
Other Means0
Total, Commuted279
Worked from home5
Total284

Time Spent Commuting in Bailey

Time spent commuting in Bailey
Time spent in minutesNumber of People
Less than 543
5-931
10-1430
15-1924
20-2429
25-2922
30-3447
35-390
40-448
45-5922
60-8919
Over 904

Education

Level of higher education for people over 25 years in Bailey (2000).
LevelNumber of MalesPercent of MalesNumber of FemalesPercent of Females
Some College3618.2%4422.2%
Associate Degree115.6%147.1%
Bachelor's Degree2110.6%199.6%
Master's Degree73.5%21.0%
Professional Degree31.5%21.0%
Doctorate Degree00.0%00.0%
Total (at least some college)7839.4%8132.5%
Total over 25198100%249100%

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