Baxter is located close to the center of Iowa. Baxter is between the Jasper, Marshall county. Baxter has 0.65 square miles of land area and has no water area. As of 2010-2014, the total Baxter population is 971, which has shrunk 7.70% since 2000. The population growth rate is much lower than the state average rate of 5.19% and is much lower than the national average rate of 11.61%. Baxter median household income is $50,909 in 2010-2014 and has grown by 37.92% since 2000. The income growth rate is higher than the state average rate of 33.56% and is higher than the national average rate of 27.36%. Baxter median house value is $103,300 in 2010-2014 and has grown by 31.59% since 2000. The house value growth rate is much lower than the state average rate of 53.09% and is lower than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Baxter is much better than the state average in quality. The Baxter area code is 641.