Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 43.3 yrs |
|---|---|
| Avg HH Size | 2.29 |
| Below Poverty | 10.8% ▲ 8% above avg |
| College Grads | 54.1% ▲ 40% above avg |
| Unemployment | 2.1% ▼ 57% below avg |
| HS Graduate | 1,174 (20%) |
| Some College | 717 (12.2%) |
| Associates | 811 (13.8%) |
| Bachelors | 960 (16.3%) |
| Graduate Degree | 2,221 (37.8%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $71,294 ≈ Avg |
|---|---|
| Median Home Value | $299,900 ▲ 8% above avg |
| Home/Income Ratio | 4.2x (nat avg ~3.5x) |
| Median Rent | $1,115/mo |
| Total Housing Units | 3,898 |
| Vacant Units | 149 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Baxter is a city in Minnesota, located in Crow Wing County. The city spans 1 ZIP code and is home to approximately 8,729 residents. It is a middle-aged city, with a median age of 43.3 years.
Economically, Baxter is a solidly middle-class community. The median household income of $71,294 is near the national average. Approximately 10.8% of residents live below the poverty line. The unemployment rate is 2.1%, well below the national average.
The real estate market in Baxter is a mid-range housing market. Median home values stand at $299,900, which is near the national average. Renters typically pay around $1,115 per month. Homeownership is high at 62.5%, typical of suburban and family-oriented communities.
The population of Baxter is well-educated. 54.1% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (95.21%).
Baxter, MN offers residents a cost-conscious lifestyle within Minnesota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 56425 | 8,729 | $71,294 | $299,900 | $1,115 | 2.1% | 54.1% | 62.5% |