Bailey'S Crossroads is a city in Virginia state in USA with a population of 23459 residents.. The poverty rate of Bailey'S Crossroads is 21.3%, which is 52% higher than national average. The typical household in Bailey'S Crossroads earns $70526 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 5 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 13 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 36.1% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Bailey'S Crossroads, only 81% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Bailey'S Crossroads remained 6.2%, which is 32% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Bailey'S Crossroads, only 46% of adults have a bachelor's degree and 18% have some college but no degree.

Cost of living in Bailey'S Crossroads is 0, which is 100% lower than national average. Median home value in Bailey'S Crossroads is $359800 , which is 57% higher than national average. While median income in Bailey'S Crossroads remained $70526, which is 4% higher than national average.