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Bailey, Texas Demographics & Population 2026

During the 2020–2024 ACS period, Bailey, Texas had a total population of 198, the 1557th largest city in Texas, with a median household income of $52,917, which is 33% lower than the state average. The poverty rate is 16.7%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Bailey Quick Facts

Population 198
Median Household Income $52,917
Median Home Value $118,400
Poverty Rate 16.7%
Unemployment Rate 0.0%
Median Age 48.5 years
Homeownership Rate 58.2%
Affordability Ratio 2.2x
Bachelor's Degree or Higher 6.1%
High School Graduation Rate 65.6%
Diversity Index 34/100
Population 198 1557th of 1,795
Median Income $52,917 bottom 30%
Poverty Rate 16.7% 34% higher than national
Median Home Value $118,400 below average

How Bailey Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population190198+4.2%
Median household income$53,750$52,917-1.5%
Median home value$110,400$118,400+7.2%

How Bailey Compares

Economy & Housing

Household Income Distribution

Under $25K 17.7%
$25K-$50K 25.3%
$50K-$100K 46.8%
$100K+ 10.1%
Detailed income brackets
Under $10K
7.6%
$10K-$15K
3.8%
$15K-$20K
2.5%
$20K-$25K
3.8%
$25K-$30K
15.2%
$30K-$35K
2.5%
$35K-$40K
0.0%
$40K-$45K
0.0%
$45K-$50K
7.6%
$50K-$60K
19.0%
$60K-$75K
12.7%
$75K-$100K
15.2%
$100K-$125K
1.3%
$125K-$150K
5.1%
$150K-$200K
3.8%
$200K+
0.0%

Employment

0.0% Unemployment Rate State: 5.3%|National: 5.2%
63.4% Labor Force Participation

Housing Overview

Owner 58.2%
Renter 41.8%
Affordability Index Very Affordable
2.2x home value to income ratio
Median gross rent $1,300/mo 29.5% of median household income annually

People & Demographics

Diversity Index

34out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 67 | National average: 61

Education

Bailey Rankings in Texas

#1557 Population of 1,795
#1102 Median Income of 1,546
#1514 Education of 1,795
#1082 Home Value of 1,542

Other Cities in Fannin County

CityPopulationMedian IncomePovertyHome Value
Bonham 10,697 $57,681 21.7% $201,800
Leonard 2,505 $54,717 18.4% $161,100
Honey Grove 1,824 $46,713 13.1% $152,000
Savoy 1,010 $60,875 24.6% $155,500
Ector 820 $66,161 11.1% $153,400
Ladonia 537 $49,714 12.1% $78,300
Dodd City 503 $113,906 12.9% $129,200
Ravenna 272 $67,500 7.1% $132,800
Pecan Gap 258 $126,500 0.4% $252,700
Windom 73 $64,375 6.9% $210,700

Cities Similar to Bailey

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Barstow198N/A$180,8001.6%4.0%
Damon196N/A$92,5000.0%64.3%
Garciasville196N/AN/A0.0%19.4%
Ranchitos Las Lomas192N/A$227,9000.0%26.6%
Lockett195$54,792N/A3.7%18.5%

A note before these figures: with a population of 198, Bailey's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.

Population Overview

Bailey is a small community located in Texas, within Fannin County. The total population is 198. It ranks as the 1557th most populous out of 1,795 Census-designated places in Texas.

Age Demographics

The median age in Bailey is 48.5 years. This is 36% higher than the state median of 35.6 years. Only 8.6% of residents are under 18, indicating fewer families with children.

Economy, Income & Housing

The median household income in Bailey is $52,917. This is 33% lower than the state median of $78,476. It is also 34% lower than the national median of $80,734. The poverty rate stands at 16.7%. This is 21% higher than the state poverty rate of 13.8%. The survey records no unemployed residents in Bailey, which reflects the size of the sample rather than a labor market without joblessness. The median home value is $118,400. Housing costs are 58% lower than the state median of $283,800. With a home-value-to-income ratio of just 2.2x, Bailey is one of the most affordable housing markets in the area. 58.2% of occupied housing units are owner-occupied. This homeownership rate is 7% lower than the state average of 62.6%.

Race & Ethnicity

The largest racial or ethnic group in Bailey is White (non-Hispanic), making up 80.3% of the population. Hispanic or Latino residents account for 11.1%. The White (non-Hispanic) population is significantly higher than the state average (80.3% vs 39.1%). The Black or African American population (1.5%) is well below the state average of 11.9%. The Hispanic or Latino population (11.1%) is well below the state average of 39.7%.

Education

6.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 82% lower than the state rate of 33.8%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 65.6%.

Data Sources & Methodology

All demographic data for Bailey, Texas is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Texas state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,795 Census-designated places in Texas. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Bailey, Texas?

Bailey, Texas has a population of 198 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Bailey, TX?

The median household income in Bailey is $52,917, which is 34% lower than the national median of $80,734.

What is the poverty rate in Bailey, TX?

The poverty rate in Bailey is 16.7%. This means approximately 33 residents live below the federal poverty line.

What is the racial makeup of Bailey, Texas?

Bailey's population is 80.3% White, 1.5% Black, 11.1% Hispanic/Latino, and 3.0% Asian.

What is the median home value in Bailey, TX?

The median home value in Bailey is $118,400. The home-value-to-income ratio is 2.2x.

How educated is Bailey, Texas?

6.1% of adults (25+) in Bailey hold a bachelor's degree or higher, and 1.8% hold a graduate or professional degree.