Baxter is located close to the center of Minnesota. Baxter is between the Crow Wing, Cass county. Baxter has 18.39 square miles of land area and 2.23 square miles of water area. As of 2010-2014, the total Baxter population is 7,710, which has grown 38.79% since 2000. The population growth rate is much higher than the state average rate of 9.44% and is much higher than the national average rate of 11.61%. Baxter median household income is $58,662 in 2010-2014 and has grown by 12.19% since 2000. The income growth rate is much lower than the state average rate of 29.12% and is much lower than the national average rate of 27.36%. Baxter median house value is $168,800 in 2010-2014 and has grown by 38.82% since 2000. The house value growth rate is lower than the state average rate of 51.31% 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 218.