Home/Texas/Bailey County

Bailey County Housing Market

Texas · 254 counties · Ranked #331 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$104,400

vs national$104,400 vs $281,900 national

Median Gross Rent

$744/mo

vs national$744 vs $1,163 national

Effective Tax Rate

1.47%

vs national+1.47% vs 1.02% national

Median Household Income

$70,625

vs national$70,625 vs $74,755 national

Affordability Ratio

1.5x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

22.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$1,533

Tax as % of Home Value

1.47%

Monthly Owner Cost

$605

Renter Income

$40,561

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Similar Counties by Home Value

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Frequently Asked Questions

What is the median home value in Bailey County?

The median home value in Bailey County is $104,400. This is below the national median of $281,900.

How much is rent in Bailey County?

The median gross rent in Bailey County is $744 per month.

What is the property tax rate in Bailey County?

The effective property tax rate in Bailey County is 1.47%. The median annual property tax bill is $1,533.

Is Bailey County affordable?

With a home-value-to-income ratio of 1.5x, Bailey County is considered affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.