Baxter is a somewhat small city located in the state of Minnesota. With a population of 9,186 people and two associated neighborhoods, Baxter is the 111th largest community in Minnesota. Baxter has seen a significant amount of newer housing growth in recent years. Quite often, new home construction is the result of new residents moving in who are middle class or wealthier, attracted by jobs, a healthy local economy, or other amenities as they leave nearby or far away areas for greener pastures. This seems to be the case in Baxter, where the median household income is $70,688.00.

Also of interest is that Baxter has more people living here who work in computers and math than 95% of the places in the US.

A relatively large number of people in Baxter telecommute to their jobs. Overall, about 19.08% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

Compared to the rest of the country, citizens of Baxter spend much less time in their cars: on average, their commute to work is only 19.25 minutes. This also means that noise and pollution levels in the city are less than they would otherwise be.

Being a small city, Baxter does not have a public transit system used by locals to get to and from work.

The education level of Baxter citizens is very high relative to the national average among all cities (21.84%): 38.33% of adults in Baxter have a bachelor's degree or even advanced degree.

The per capita income in Baxter in 2022 was $42,530, which is upper middle income relative to Minnesota and the nation. This equates to an annual income of $170,120 for a family of four. However, Baxter contains both very wealthy and poor people as well.

The people who call Baxter home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Baxter residents report their race to be White, followed by Asian. Important ancestries of people in Baxter include German, Norwegian, Irish, Swedish, and English.

The most common language spoken in Baxter is English. Other important languages spoken here include Polish and Italian.