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Baxter, Iowa Demographics & Population 2026

During the 2020–2024 ACS period, Baxter, Iowa had a total population of 1,247, the 245th largest city in Iowa, with a median household income of $60,952, which is 19% lower than the state average. The poverty rate is 14.7%.

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

Key Takeaways

Baxter Quick Facts

Population 1,247
Median Household Income $60,952
Median Home Value $166,700
Poverty Rate 14.7%
Unemployment Rate 2.4%
Median Age 33.9 years
Homeownership Rate 74.4%
Affordability Ratio 2.7x
Bachelor's Degree or Higher 17.6%
High School Graduation Rate 92.0%
Diversity Index 1/100
Population 1,247 245th of 1,017
Median Income $60,952 below average
Poverty Rate 14.7% 18% higher than national
Median Home Value $166,700 top 30%

How Baxter 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
Population1,2511,247-0.3%
Median household income$60,625$60,952+0.5%
Median home value$162,300$166,700+2.7%

How Baxter Compares

Economy & Housing

Household Income Distribution

Under $25K 16.4%
$25K-$50K 24.6%
$50K-$100K 29.8%
$100K+ 29.2%
Detailed income brackets
Under $10K
1.3%
$10K-$15K
2.7%
$15K-$20K
1.5%
$20K-$25K
10.9%
$25K-$30K
8.8%
$30K-$35K
8.6%
$35K-$40K
3.8%
$40K-$45K
1.1%
$45K-$50K
2.3%
$50K-$60K
7.3%
$60K-$75K
13.5%
$75K-$100K
9.0%
$100K-$125K
12.6%
$125K-$150K
3.1%
$150K-$200K
9.7%
$200K+
3.8%

Employment

2.4% Unemployment Rate State: 3.6%|National: 5.2%
64.3% Labor Force Participation

Housing Overview

Owner 74.4%
Renter 25.6%
Affordability Index Very Affordable
2.7x home value to income ratio
Median gross rent $900/mo 17.7% of median household income annually

People & Demographics

Diversity Index

1out of 100
Very Low Diversity

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

State average: 31 | National average: 61

Education

Baxter Rankings in Iowa

#245 Population of 1,017
#615 Median Income of 948
#501 Education of 1,016
#263 Home Value of 947

Other Cities in Jasper County

CityPopulationMedian IncomePovertyHome Value
Newton 15,700 $57,771 11.1% $153,700
Colfax 2,210 $79,318 9.1% $178,000
Monroe 2,120 $80,375 8.1% $177,200
Prairie City 1,711 $78,295 3.5% $190,600
Sully 1,022 $90,189 3.7% $173,700
Kellogg 676 $36,944 25.3% $115,800
Lynnville 527 $60,682 3.4% $146,300
Mingo 328 $71,000 3.0% $144,300
Oakland Acres 191 $103,000 5.2% $256,300
Lambs Grove 181 $93,750 0.0% $200,000

Cities Similar to Baxter

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Clarksville1,237$62,917$125,90017.9%9.1%
Strawberry Point1,267$57,778$114,70020.3%11.3%
Elkader1,293$62,857$143,20026.0%9.6%
Bedford1,336$60,781$96,80014.5%10.0%
Sanborn1,323$59,417$168,50023.8%13.5%

Population Overview

Baxter is a small community located in Iowa, within Jasper County. The total population is 1,247. It ranks as the 245th most populous out of 1,017 Census-designated places in Iowa.

Age Demographics

The median age in Baxter is 33.9 years. This is 12% lower than the state median of 38.6 years. With 30.6% of the population under 18, Baxter has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Baxter is $60,952. This is 19% lower than the state median of $75,059. It is also 25% lower than the national median of $80,734. The poverty rate stands at 14.7%. This is 33% higher than the state poverty rate of 11.1%. The unemployment rate is 2.4%. This is 34% lower than the state rate of 3.6%. The median home value is $166,700. Housing costs are 20% lower than the state median of $208,000. With a home-value-to-income ratio of just 2.7x, Baxter is one of the most affordable housing markets in the area. 74.4% of occupied housing units are owner-occupied. This homeownership rate is 4% higher than the state average of 71.7%.

Race & Ethnicity

Baxter has a predominantly White (non-Hispanic) population, comprising 99.4% of all residents. Hispanic or Latino residents account for 0.2%. The Hispanic or Latino population (0.2%) is well below the state average of 7.3%.

Education

17.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 44% lower than the state rate of 31.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 92.0%.

Data Sources & Methodology

All demographic data for Baxter, Iowa 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 Iowa state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,017 Census-designated places in Iowa. 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 Baxter, Iowa?

Baxter, Iowa has a population of 1,247 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Baxter, IA?

The median household income in Baxter is $60,952, which is 25% lower than the national median of $80,734.

What is the poverty rate in Baxter, IA?

The poverty rate in Baxter is 14.7%. This means approximately 179 residents live below the federal poverty line.

What is the racial makeup of Baxter, Iowa?

Baxter's population is 99.4% White, 0.0% Black, 0.2% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Baxter, IA?

The median home value in Baxter is $166,700. The home-value-to-income ratio is 2.7x.

How educated is Baxter, Iowa?

17.6% of adults (25+) in Baxter hold a bachelor's degree or higher, and 6.5% hold a graduate or professional degree.