Economy & Jobs — Baxter, Minnesota

Income & Employment

Median Household Income (Census)$70,688
Estimated 2026~$81,200
Per Capita Income$41,962
Poverty Rate13.1%
Unemployment Rate2.3%
In Labor Force4,391

Top Industries

IndustryShare
Education Healthcare32.3%
Retail14.6%
Manufacturing8.1%

Local Businesses (County)

TypeCount
Full Service Restaurants74
Real Estate Offices68
Fast Food50
Insurance Agencies38
Gas Stations36
Dental Offices30
Commercial Banks29
Law Offices27
Physician Offices26
Beauty Salons24
Hotels Motels22
Bars21
Auto Repair19
Chiropractors19
General Merchandise18
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.