The median household income in Baxter, MN in 2022 was $67,666, which was 21.7% less than the median annual income of $82,338 across the entire state of Minnesota. Compared to the median income of $52,289 in 2000 this represents an increase of 22.7%. The per capita income in 2022 was $37,844, which means an increase of 47.8% compared to 2000 when it was $19,772.
Whole page based on the data from 2000 / 2022 when the population of Baxter, Minnesota was 5,555 / 8,849
Income statistics for all residents
Median household income in Baxter, MN in 2022:
Baxter:
$67,667
State:
$82,338
Change in median household income between 2000 and 2022:
Baxter, Minnesota:
+29.4%
State:
+74.8%
Number of households with income < $10k:
Baxter:
6.6% (237)
Minnesota:
4.3% (100,518)
Number of households with income $10k - 20k:
Baxter:
7.0% (254)
State:
5.6% (130,945)
Number of households with income $20k - 30k:
Baxter:
8.0% (290)
Minnesota:
6.1% (140,637)
Number of households with income $30k - 40k:
Baxter:
6.7% (241)
State:
6.5% (151,862)
Number of households with income $40k - 50k:
Baxter:
8.6% (312)
State:
6.7% (154,930)
Number of households with income $50k - 60k:
Baxter:
8.8% (318)
Minnesota:
6.9% (159,181)
Number of households with income $60k - 75k:
Baxter:
8.6% (311)
Minnesota:
9.4% (218,220)
Number of households with income $75k - 100k:
Baxter:
12.0% (434)
Minnesota:
13.8% (319,951)
Number of households with income $100k - 125k:
Baxter:
10.3% (370)
State:
10.8% (251,243)
Number of households with income $125k - 150k:
Baxter:
9.0% (323)
Minnesota:
8.2% (190,349)
Number of households with income $150k - 200k:
Baxter:
8.8% (316)
State:
10.2% (236,018)
Number of households with income > $200k:
Baxter:
5.6% (201)
Minnesota:
11.6% (268,336)
Aggregate household income in Baxter in 2022: $319,190,729
Median family income in Baxter in 2022:
Baxter:
$83,427
State:
$105,324
Number of families with income < $10k:
Baxter:
3.9% (87)
Minnesota:
2.2% (31,728)
Number of families with income $10k - 20k:
Baxter:
5.1% (114)
State:
2.5% (36,635)
Number of families with income $20k - 30k:
Baxter:
6.7% (151)
State:
3.5% (50,742)
Number of families with income $30k - 40k:
Baxter:
3.4% (75)
State:
4.4% (64,281)
Number of families with income $40k - 50k:
Baxter:
6.7% (150)
State:
5.2% (76,436)
Number of families with income $50k - 60k:
Baxter:
3.2% (72)
State:
5.7% (83,050)
Number of families with income $60k - 75k:
Baxter:
11.0% (246)
Minnesota:
8.8% (127,783)
Number of families with income $75k - 100k:
Baxter:
16.0% (357)
Minnesota:
14.7% (214,426)
Number of families with income $100k - 125k:
Baxter:
15.8% (354)
State:
13.1% (190,094)
Number of families with income $125k - 150k:
Baxter:
8.9% (199)
State:
10.3% (149,830)
Number of families with income $150k - 200k:
Baxter:
13.5% (303)
State:
13.6% (197,479)
Number of families with income > $200k:
Baxter:
5.7% (127)
State:
16.1% (233,828)
Median non-family income in Baxter in 2022:
Baxter:
$41,296
Minnesota:
$48,461
Change in median non-family income between 2000 and 2022:
Baxter, Minnesota:
+66.9%
Minnesota:
+73.6%
Median per capita income in Baxter in 2022:
Baxter:
$37,844
Minnesota:
$45,021
Change in median per capita income between 2000 and 2022:
Baxter, Minnesota:
+91.4%
State:
+94.1%
Income statistics for White residents
Median household income in Baxter, MN in 2022:
Baxter:
$68,248
State:
$85,697
Change in median household income between 2000 and 2022:
Baxter, Minnesota:
+30.0%
Minnesota:
+77.5%
Number of households with income < $10k:
Baxter:
6.9% (240)
State:
3.9% (74,145)
Number of households with income $10k - 20k:
Baxter:
6.4% (223)
State:
5.1% (97,289)
Number of households with income $20k - 30k:
Baxter:
8.3% (292)
State:
5.8% (111,536)
Number of households with income $30k - 40k:
Baxter:
6.9% (240)
State:
6.2% (118,402)
Number of households with income $40k - 50k:
Baxter:
7.9% (275)
Minnesota:
6.6% (126,331)
Number of households with income $50k - 60k:
Baxter:
8.9% (311)
Minnesota:
6.8% (129,961)
Number of households with income $60k - 75k:
Baxter:
9.0% (314)
State:
9.4% (181,337)
Number of households with income $75k - 100k:
Baxter:
12.6% (441)
Minnesota:
13.8% (265,776)
Number of households with income $100k - 125k:
Baxter:
9.7% (340)
Minnesota:
11.2% (214,803)
Number of households with income $125k - 150k:
Baxter:
9.0% (315)
Minnesota:
8.6% (164,715)
Number of households with income $150k - 200k:
Baxter:
8.7% (306)
State:
10.6% (203,283)
Number of households with income > $200k:
Baxter:
5.7% (201)
Minnesota:
12.2% (233,694)
Aggregate household income in Baxter in 2022: $311,487,386
Median family income in Baxter in 2022:
Baxter:
$82,818
State:
$110,049
Number of families with income < $10k:
Baxter:
4.1% (89)
Minnesota:
1.5% (17,407)
Number of families with income $10k - 20k:
Baxter:
5.3% (116)
State:
1.9% (22,955)
Number of families with income $20k - 30k:
Baxter:
7.4% (161)
State:
2.9% (34,913)
Number of families with income $30k - 40k:
Baxter:
3.4% (73)
Minnesota:
3.7% (44,598)
Number of families with income $40k - 50k:
Baxter:
5.0% (109)
State:
4.9% (58,683)
Number of families with income $50k - 60k:
Baxter:
3.4% (73)
State:
5.4% (64,644)
Number of families with income $60k - 75k:
Baxter:
11.4% (248)
State:
8.9% (105,839)
Number of families with income $75k - 100k:
Baxter:
16.8% (364)
State:
14.8% (177,106)
Number of families with income $100k - 125k:
Baxter:
14.8% (320)
State:
13.6% (162,292)
Number of families with income $125k - 150k:
Baxter:
9.0% (196)
Minnesota:
10.9% (130,417)
Number of families with income $150k - 200k:
Baxter:
13.5% (292)
State:
14.3% (171,257)
Number of families with income > $200k:
Baxter:
5.9% (127)
State:
17.1% (204,721)
Median non-family income in Baxter in 2022:
Baxter:
$41,542
State:
$49,920
Change in median non-family income between 2000 and 2022:
Baxter, Minnesota:
+66.2%
Minnesota:
+76.0%
Median per capita income in Baxter in 2022:
Baxter:
$38,200
State:
$49,507
Change in median per capita income between 2000 and 2022:
Baxter, Minnesota:
+91.3%
State:
+103.3%
Income statistics for Black or African American residents
Median per capita income in Baxter in 2022:
Baxter:
$43,987
Minnesota:
$25,146
Income statistics for Asian residents
Median per capita income in Baxter in 2022:
Baxter:
$29,027
State:
$39,496
Income statistics for Hispanic or Latino residents
Number of households with income < $10k:
Baxter:
0.0% (0)
State:
4.0% (3,834)
Number of households with income $10k - 20k:
Baxter:
0.0% (0)
Minnesota:
6.1% (5,874)
Number of households with income $20k - 30k:
Baxter:
0.0% (0)
Minnesota:
9.9% (9,526)
Number of households with income $30k - 40k:
Baxter:
0.0% (0)
State:
10.1% (9,710)
Number of households with income $40k - 50k:
Baxter:
100.0% (26)
State:
8.0% (7,724)
Number of households with income $50k - 60k:
Baxter:
0.0% (0)
State:
9.6% (9,248)
Number of households with income $60k - 75k:
Baxter:
0.0% (0)
State:
10.8% (10,444)
Number of households with income $75k - 100k:
Baxter:
0.0% (0)
State:
15.0% (14,464)
Number of households with income $100k - 125k:
Baxter:
0.0% (0)
Minnesota:
7.6% (7,348)
Number of households with income $125k - 150k:
Baxter:
0.0% (0)
State:
5.1% (4,890)
Number of households with income $150k - 200k:
Baxter:
0.0% (0)
State:
6.5% (6,257)
Number of households with income > $200k:
Baxter:
0.0% (0)
State:
7.3% (7,057)
Aggregate household income in Baxter in 2022: $12,463,243
Median per capita income in Baxter in 2022:
Baxter:
$60,421
State:
$27,748
Income statistics for American Indian and Alaska Native residents
Number of households with income < $10k:
Baxter:
0.0% (0)
Minnesota:
9.0% (1,578)
Number of households with income $10k - 20k:
Baxter:
40.6% (13)
State:
16.6% (2,922)
Number of households with income $20k - 30k:
Baxter:
0.0% (0)
Minnesota:
10.4% (1,837)
Number of households with income $30k - 40k:
Baxter:
0.0% (0)
State:
9.7% (1,699)
Number of households with income $40k - 50k:
Baxter:
0.0% (0)
Minnesota:
8.8% (1,557)
Number of households with income $50k - 60k:
Baxter:
59.4% (19)
State:
5.9% (1,033)
Number of households with income $60k - 75k:
Baxter:
0.0% (0)
State:
7.3% (1,284)
Number of households with income $75k - 100k:
Baxter:
0.0% (0)
State:
12.3% (2,163)
Number of households with income $100k - 125k:
Baxter:
0.0% (0)
Minnesota:
8.9% (1,571)
Number of households with income $125k - 150k:
Baxter:
0.0% (0)
State:
4.5% (796)
Number of households with income $150k - 200k:
Baxter:
0.0% (0)
State:
3.0% (526)
Number of households with income > $200k:
Baxter:
0.0% (0)
Minnesota:
3.6% (632)
Median per capita income in Baxter in 2022:
Baxter:
$41,530
State:
$24,180
Income statistics for Multirace residents
Number of households with income < $10k:
Baxter:
0.0% (0)
Minnesota:
4.8% (5,071)
Number of households with income $10k - 20k:
Baxter:
0.0% (0)
State:
7.2% (7,697)
Number of households with income $20k - 30k:
Baxter:
0.0% (0)
State:
8.0% (8,495)
Number of households with income $30k - 40k:
Baxter:
0.0% (0)
State:
8.9% (9,445)
Number of households with income $40k - 50k:
Baxter:
100.0% (36)
State:
6.3% (6,680)
Number of households with income $50k - 60k:
Baxter:
0.0% (0)
State:
6.7% (7,171)
Number of households with income $60k - 75k:
Baxter:
0.0% (0)
State:
8.4% (8,916)
Number of households with income $75k - 100k:
Baxter:
0.0% (0)
Minnesota:
13.8% (14,719)
Number of households with income $100k - 125k:
Baxter:
0.0% (0)
Minnesota:
10.0% (10,590)
Number of households with income $125k - 150k:
Baxter:
0.0% (0)
Minnesota:
7.3% (7,720)
Number of households with income $150k - 200k:
Baxter:
0.0% (0)
Minnesota:
8.2% (8,751)
Number of households with income > $200k:
Baxter:
0.0% (0)
Minnesota:
10.5% (11,170)
Median per capita income in Baxter in 2022:
Baxter:
$18,706
State:
$28,529
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