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Baxter, MN 56425 has a population of approximately 8,064 and experiences a population change rate of 46.09%. The population density is 425.3 / sq mi .
The median household income for Baxter, MN 56425 is $64,766, with 3,447 households and an average household size of 2.45.
The median value of a home in Baxter, MN 56425 is $298,100 with an appreciation rate of 20.40%. 64.07% of housing in the state is owned while 30.11% is rented.
The cost of living in Baxter, MN 56425 is 94.9 %.
The unemployment rate in Baxter, MN 56425 is 3.90%, and recent job growth is at -0.56%. Future job growth is projected at 37.09%.
The sales tax rate in Baxter, MN 56425 is 7.88%, while the income tax rate is 6.80% .
School expenditures in Baxter, MN 56425 are $22,702, and the school ratio is 14.9:1.
The average high temperature in July is 80.2 degrees, with an average low temperature in January of -1.1 degrees. The average rainfall is approximately 26.4 inches per year, with 44.2 inches of snow per year.
