Baxter, Minnesota.
Typical home $368,117 (+2.6% in a year). Brainerd, MN metro.
to buy the typical home at today's mortgage rate — +$1,066 (+123%) since Jan 2020.
- 1 year
- Up $9,362 +3%
- $358,756$368,117 since Sep 2025
- 5 years
- Up $71,771 +24%
- $296,346$368,117 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Baxter$1,932
- Minnesota$1,831
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 16 years.
Typical home values in Baxter, MN rose 2.6% over the past year — faster than the nation's +1.2%.
Living in Baxter, Crow Wing County, Minnesota
Baxter is a city of 8,612 people in Crow Wing County. Half its households earn more than $70,688 a year and half less, against $72,589 across Crow Wing County; 13% of its people live below the poverty line. 63% of its homes are lived in by their owners and 37% are rented. Unemployment in Crow Wing County was 4.9% in August 2026, and the county had 0.3% more jobs in 2025 than the year before. The most residents work in schools and health care, then shops.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Baxter is a small city in Crow Wing County, where most homes are lived in by their owners and a four-year degree is held by a fair share of adults. Household incomes run a little below the county's, and typical home values are well above what the incomes alone might suggest. Winters are cold and snowy, with January the coldest month, and summers are warm and comfortable.
Work. Many residents work in schools, hospitals and social care, in shops, in restaurants, hotels and entertainment, and in banks, insurance and property. Among the largest workplaces in Baxter are Costco Wholesale, Target and Artesian Homes, which runs group foster homes for children. Commutes are short, and a good number of people work from home.
Things to do. Northland Arboretum, a botanical garden, and Buffalo Creek, a river, are in or beside town. A short drive away are Brainerd International Raceway, a race track, and Crow Wing State Park, an archaeological site. Sylvan Lake and North Long Lake, both a short drive away, offer time by the water.
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- 3,990households
- 38%of adults have a degree
- 13%below the poverty line
- 19 mintypical commute
- 19%work from home
What residents work in
Employed residents by industry, from the Census survey. Crow Wing County had 31,145 jobs in 2025, 0.3% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 20° and lows near -2°; warmest in July, with highs near 80° and lows near 58°. About 48 inches of snow and 31 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Brainerd weather station, 3 miles away (NOAA).
Largest workplaces in Baxter
- Costco WholesaleWholesale grocer263
- Artesian HomesGroup foster homes for children260
- TargetDiscount department stores198
- LindarBowls and bowl covers, plastics, manufacturing177
- YBR Properties BaxterHotels72
- Holden Electric CoElectric contracting66
- Fairview Health Services65
- Allegiant Utility ServicesElectrical wiring contractors64
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 23 workplaces with 20 or more staff, 1,764 people in all. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Cold wavesVery high
- Strong windRelatively high
- LightningRelatively high
- HailRelatively moderate
- Winter weatherRelatively moderate
- Inland floodingRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Baxter’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Crow Wing County and the Brainerd, MN metro.
Baxter home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Baxter$368,117
- Minnesota$348,778
- United States$366,157
Sellers are cutting prices on about 1 in 3 Baxter listings — the market is cooling.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Baxter33.62%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Baxter60
New listings per month
Sellers arriving at the market.
- Baxter14
Zip codes with a Baxter address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Baxter — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.