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.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 professionals, managers, and sales and office workers. There are especially a lot of people living in Bailey who work in management occupations (15.89%), business and financial occupations (11.11%), and sales jobs (9.52%). 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. The town is relatively quiet, having a combination of lower population density and few of those groups of people who have a tendency to be noisy. For example, Bailey has relatively fewer families with younger children, and/or college students. Combined, this makes Bailey a pretty quiet place to live overall. If you like quiet, you will probably enjoy it here. 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 education level of Bailey citizens is very high relative to the national average among all cities (21.84%): 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.
