Skip to main content

Baxter, Tennessee Demographics & Population 2026

During the 2020–2024 ACS period, Baxter, Tennessee had a total population of 1,361, the 270th largest town in Tennessee, with a median household income of $58,750, which is 16% lower than the state average. The poverty rate is 20.5%.

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

Key Takeaways

Baxter Quick Facts

Population 1,361
Median Household Income $58,750
Median Home Value $219,000
Poverty Rate 20.5%
Unemployment Rate 0.8%
Median Age 38.1 years
Homeownership Rate 67.2%
Affordability Ratio 3.7x
Bachelor's Degree or Higher 16.9%
High School Graduation Rate 89.0%
Diversity Index 17/100
Population 1,361 270th of 502
Median Income $58,750 average
Poverty Rate 20.5% 65% higher than national
Median Home Value $219,000 above average

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
Population1,2781,361+6.5%
Median household income$56,806$58,750+3.4%
Median home value$198,800$219,000+10.2%

How Baxter Compares

Economy & Housing

Household Income Distribution

Under $25K 22.2%
$25K-$50K 21.7%
$50K-$100K 27.5%
$100K+ 28.5%
Detailed income brackets
Under $10K
7.2%
$10K-$15K
9.1%
$15K-$20K
2.1%
$20K-$25K
3.9%
$25K-$30K
6.7%
$30K-$35K
2.2%
$35K-$40K
6.2%
$40K-$45K
1.2%
$45K-$50K
5.5%
$50K-$60K
6.7%
$60K-$75K
8.6%
$75K-$100K
12.3%
$100K-$125K
17.1%
$125K-$150K
3.1%
$150K-$200K
6.0%
$200K+
2.4%

Employment

0.8% Unemployment Rate State: 4.7%|National: 5.2%
55.9% Labor Force Participation

Housing Overview

Owner 67.2%
Renter 32.8%
Affordability Index Affordable
3.7x home value to income ratio
Median gross rent $914/mo 18.7% of median household income annually

People & Demographics

Diversity Index

17out of 100
Very Low Diversity

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

State average: 46 | National average: 61

Education

Baxter Rankings in Tennessee

#270 Population of 502
#219 Median Income of 453
#243 Education of 502
#182 Home Value of 464

Other Cities in Putnam County

CityPopulationMedian IncomePovertyHome Value
Cookeville 36,088 $51,375 23.5% $305,400
Algood 4,036 $42,359 32.9% $190,300
Monterey 2,768 $45,922 29.9% $165,000

Cities Similar to Baxter

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Midtown1,369$61,154$218,00010.0%8.3%
Gordonsville1,299$57,688$251,40021.8%5.8%
Fincastle1,374$51,591$215,30015.0%18.6%
Olivet1,377$66,635$159,8005.7%21.0%
Lyles1,385$68,036$219,1006.6%8.7%

Population Overview

Baxter is a small community located in Tennessee, within Putnam County. The total population is 1,361. It ranks as the 270th most populous out of 502 Census-designated places in Tennessee.

Age Demographics

The median age in Baxter is 38.1 years. This is 2% lower than the state median of 38.9 years.

Economy, Income & Housing

The median household income in Baxter is $58,750. This is 16% lower than the state median of $69,595. It is also 27% lower than the national median of $80,734. The poverty rate stands at 20.5%. This is 49% higher than the state poverty rate of 13.8%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 0.8%. This is 82% lower than the state rate of 4.7%. The median home value is $219,000. Housing costs are 24% lower than the state median of $286,700. The home-value-to-income ratio is 3.7x. 67.2% of occupied housing units are owner-occupied.

Race & Ethnicity

Baxter has a predominantly White (non-Hispanic) population, comprising 91.0% of all residents. Black or African American residents account for 2.4%. The Black or African American population (2.4%) is well below the state average of 15.4%. The Hispanic or Latino population (2.2%) is well below the state average of 7.4%. The Asian population (0.1%) is well below the state average of 1.9%.

Education

16.9% of residents aged 25 and older hold a bachelor's degree or higher. This is 46% lower than the state rate of 31.1%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 89.0%.

Data Sources & Methodology

All demographic data for Baxter, Tennessee 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 Tennessee state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 502 Census-designated places in Tennessee. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

Free data download: Get all Tennessee city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Baxter, Tennessee?

Baxter, Tennessee has a population of 1,361 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Baxter, TN?

The median household income in Baxter is $58,750, which is 27% lower than the national median of $80,734.

What is the poverty rate in Baxter, TN?

The poverty rate in Baxter is 20.5%. This means approximately 277 residents live below the federal poverty line.

What is the racial makeup of Baxter, Tennessee?

Baxter's population is 91.0% White, 2.4% Black, 2.2% Hispanic/Latino, and 0.1% Asian.

What is the median home value in Baxter, TN?

The median home value in Baxter is $219,000. The home-value-to-income ratio is 3.7x.

How educated is Baxter, Tennessee?

16.9% of adults (25+) in Baxter hold a bachelor's degree or higher, and 5.0% hold a graduate or professional degree.