Baxter, Minnesota Demographics & Population 2026
During the 2020–2024 ACS period, Baxter, Minnesota had a total population of 8,966, the 111th largest city in Minnesota, with a median household income of $70,688, which is 21% lower than the state average. The poverty rate is 13.1%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Near full employment with an unemployment rate of just 2.3%.
Baxter Quick Facts
How Baxter Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 8,804 | 8,966 | +1.8% |
| Median household income | $71,272 | $70,688 | -0.8% |
| Median home value | $298,400 | $324,100 | +8.6% |
How Baxter Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 41 | National average: 61
Education
Educational Attainment (Adults 25+)
Baxter Rankings in Minnesota
Explore Minnesota Rankings
Other Cities in Crow Wing County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Brainerd | 14,468 | $56,111 | 15.0% | $192,500 |
| Breezy Point | 2,687 | $85,938 | 6.2% | $340,800 |
| Crosslake | 2,521 | $79,635 | 8.6% | $473,700 |
| Crosby | 2,218 | $41,554 | 16.9% | $185,600 |
| Pequot Lakes | 2,079 | $63,699 | 6.6% | $289,300 |
| Nisswa | 1,954 | $100,000 | 5.0% | $481,200 |
| Deerwood | 710 | $62,981 | 10.8% | $225,000 |
| Emily | 693 | $68,250 | 15.3% | $348,800 |
| Ironton | 621 | $62,813 | 14.3% | $144,000 |
| Jenkins | 508 | $74,250 | 6.9% | $275,000 |
Cities Similar to Baxter
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Thief River Falls | 8,823 | $71,144 | $175,400 | 21.2% | 12.2% |
| East Grand Forks | 9,028 | $77,549 | $255,600 | 26.1% | 12.4% |
| Waseca | 9,164 | $64,074 | $189,200 | 17.2% | 9.5% |
| Mound | 9,107 | $86,675 | $370,800 | 45.3% | 8.8% |
| Cambridge | 10,307 | $69,154 | $251,600 | 18.8% | 10.4% |
Population Overview
Baxter is a small city located in Minnesota, within Crow Wing County. The total population is 8,966. It ranks as the 111th most populous out of 914 Census-designated places in Minnesota.
Age Demographics
The median age in Baxter is 43.1 years. This is 11% higher than the state median of 38.8 years. 10.1% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.
Economy, Income & Housing
The median household income in Baxter is $70,688. This is 21% lower than the state median of $89,062. It is also 12% lower than the national median of $80,734. The poverty rate stands at 13.1%. This is 41% higher than the state poverty rate of 9.3%. The unemployment rate is 2.3%. This is 43% lower than the state rate of 4.1%. The median home value is $324,100. Housing costs are 2% lower than the state median of $329,300. The home-value-to-income ratio is 4.6x. 62.6% of occupied housing units are owner-occupied. This homeownership rate is 13% lower than the state average of 72.2%.
Race & Ethnicity
Baxter has a predominantly White (non-Hispanic) population, comprising 94.9% of all residents. Hispanic or Latino residents account for 3.4%. The Black or African American population (0.0%) is well below the state average of 7.0%. The Asian population (0.3%) is well below the state average of 5.1%.
Education
38.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 3% lower than the state rate of 39.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 96.6%.
Data Sources & Methodology
All demographic data for Baxter, Minnesota 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 Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 914 Census-designated places in Minnesota. 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, Minnesota?
Baxter, Minnesota has a population of 8,966 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Baxter, MN?
The median household income in Baxter is $70,688, which is 12% lower than the national median of $80,734.
What is the poverty rate in Baxter, MN?
The poverty rate in Baxter is 13.1%. This means approximately 1,154 residents live below the federal poverty line.
What is the racial makeup of Baxter, Minnesota?
Baxter's population is 94.9% White, 0.0% Black, 3.4% Hispanic/Latino, and 0.3% Asian.
What is the median home value in Baxter, MN?
The median home value in Baxter is $324,100. The home-value-to-income ratio is 4.6x.
How educated is Baxter, Minnesota?
38.3% of adults (25+) in Baxter hold a bachelor's degree or higher, and 14.5% hold a graduate or professional degree.