Baxter, IA
Population 1,251 · Iowa
About Baxter, IA
Baxter is a small community in Iowa with a population of 1,251 residents. The median household income is $60,625 per year, which is near the national average. The median age in Baxter is 33 years.
Housing in Baxter has a median home value of $162,300 and median monthly rent of $693. Of the 480 total housing units, the majority are owner-occupied, with 348 owner-occupied and 115 renter-occupied units.
The unemployment rate in Baxter is 1.8% and the poverty rate is 15.3%. 20.1% of residents hold a bachelor's degree or higher. The average commute time is 26.7 minutes.
Cost of Living in Baxter, IA
Compared to national averages, Baxter has a median household income of $60,625 (19% below the national median of $75,149). Home values average $162,300, which is 34% below the national median. Monthly rent at $693 is 40% below the US average of $1,163. Within Iowa, Baxter's income is 11% below the state average of $67,947, and home values are 23% above the state median of $132,237.
Why Live in Baxter, IA?
Baxter offers affordable housing with a median home value of $162,300, below the US average of $244,900, and rent that’s lower than the national average at $693/month, and a strong job market with an unemployment rate of just 1.8%.
Potential considerations include median household income ($60,625) that falls below the national average. However, Baxter’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Baxter has a population of 1,251 with a median age of 33 years. Compare Baxter with other cities to see how it stacks up, or explore all cities in Iowa.
Similar Cities Near Baxter
Cities in Iowa with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Elkader | 1,249 | $61,786 | $134,300 | Compare |
| Clarksville | 1,248 | $55,781 | $114,200 | Compare |
| Tripoli | 1,256 | $75,988 | $116,200 | Compare |
| Montezuma | 1,257 | $63,375 | $157,800 | Compare |
| Dike | 1,258 | $88,523 | $235,900 | Compare |
| Fayette | 1,242 | $39,297 | $123,300 | Compare |
| Central City | 1,266 | $81,607 | $166,400 | Compare |
| Marcus | 1,236 | $75,288 | $174,100 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Iowa
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Baxter
What is the population of Baxter, IA?
The population of Baxter, IA is 1,251 according to the latest Census data.
What is the median household income in Baxter?
The median household income in Baxter, IA is $60,625 per year.
What is the median home value in Baxter?
The median home value in Baxter, IA is $162,300.
What is the average rent in Baxter?
The median monthly rent in Baxter, IA is $693.
What is the unemployment rate in Baxter?
The unemployment rate in Baxter, IA is 1.8%.