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.Unlike some towns where white-collar or blue-collar occupations dominate the local economy, Bailey is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, Bailey is a town of managers, professionals, and sales and office workers. There are especially a lot of people living in Bailey who work in management occupations (12.98%), business and financial occupations (12.64%), and office and administrative support (11.16%). 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. 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. Residents will find that the town is relatively quiet. This is because it is not over-populated, and it has fewer college students, renters, and young children - all of whom can be noisy at times. So, if you're looking for a relatively peaceful place to live, Bailey is worth considering. 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.
