Baxter is a somewhat small city located in the state of Minnesota. With a population of 8,971 people and two associated neighborhoods, Baxter is the 111th largest community in Minnesota. Much of the housing stock in Baxter was built relatively recently. The construction of new real estate can often be taken as an indication that the local Baxter economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Baxter, where the median household income is $67,064.00.

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 10.82% 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.

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

The citizens of Baxter are very well educated compared to the average community in the nation: 35.94% of adults in Baxter have a bachelor's degree or even advanced degree.

The per capita income in Baxter in 2022 was $36,141, which is middle income relative to Minnesota, and upper middle income relative to the rest of the US. This equates to an annual income of $144,564 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 Black or African-American. 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.