Minnesota · Census place 04042
Baxter city, MN
Quick answer
Baxter city has 8,804 residents, ranking #111 of 914 places in Minnesota. Median household income is $71,272, the median home is worth $298,400 and median gross rent runs $1,123 a month.
- Population
- 8,804Baxter city residents
- Median household income
- $71,272Past 12 months, inflation adjusted
- Median home value
- $298,400Owner-occupied units
- Median gross rent
- $1,123Rent plus utilities, monthly
- Median age
- 42.9 yrsAll residents
- Homeownership rate
- 62%Owner-occupied households
What the numbers mean in Baxter city
Housing cost measured against local earnings.
A household earning the Baxter city median would spend about 18.9% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 4.2× the median household income; nationally that ratio sits near 4.5×. Poverty affects 10.8% of residents and 62% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Minnesota.
- East Grand Forks city 9,067
- Oak Grove city 9,031
- Thief River Falls city 8,841
- Minnetrista city 8,509
- Dayton city 8,381
- Virginia city 8,362
- Waite Park city 8,341
Keep going
More Minnesota coverage.