Bailey, TX — income, home value, property tax, and sales tax.
In ZIP code 75413, near Bailey, homes carry a median value of $195,000, and the county-level property tax rate of 1.08% works out to roughly $2,106 a year on such a home. With median household income at $48,750, that tax equals about 4.3% of annual earnings, a noticeable slice of the household ledger. Per-capita income sits at $28,798. Sales taxes add 6.25% to purchases, so everyday spending carries its own cost. Buyers weighing a move here should factor both the annual property tax bill and the sales tax into what their income can carry.