Living in Baxter, Tennessee
Cost of living, income, home prices, rent and demographics of Baxter · Census data 2020–2024
Baxter has 1,361 residents with a median age of 38.1. The median household income is $58,750 (16% lower than the Tennessee median), the median home value is $219,000, the median rent is $914/month.
Baxter is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Baxter at a glance
- Population
- 1,361
- Median age
- 38.1State: 38.9
- Median household income
- $58,750State: $69,595
- Median home value
- $219,000State: $286,700
- Median rent
- $914/moState: $1,189
- Homeowners
- 67.2%
- Bachelor's degree or higher
- 16.9%
- Average commute
- 25 min
Is Baxter a good place to live?
Pros: Home values 24% lower than the state median; an average commute of 25 minutes; unemployment of 0.8%.
Cons: Median household income 16% lower than the Tennessee median; a poverty rate of 20.5%.
The weather is best in April–May and September–October.
Cost of living in Baxter
Housing is the biggest part of the cost of living. In Baxter the median home value is $219,000, 34% lower than the U.S. median. Renters pay a median of $914 per month, which is 32.3% of household income. Homeowners with a mortgage pay $1,298 a month in housing costs.
Baxter median household income
The median household income in Baxter is $58,750 and the income per person is $30,345. 20.5% of residents live below the poverty line (Tennessee: 13.8%).
Housing in Baxter: homes for sale and rent
- Housing units
- 722
- Owner-occupied
- 67.2%
- Renter-occupied
- 32.8%
- Vacant
- 19%Includes seasonal homes
- Median year built
- 1987
- Average household size
- 2.33
Baxter demographics
- Population
- 1,361
- Median age
- 38.1
- Under 18
- 22.3%
- 65 and older
- 19.9%
- Households
- 585
- Foreign-born
- 1.4%
- Veterans
- 8.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Baxter ›
Education in Baxter
16.9% of adults 25 and older in Baxter have a bachelor's degree or higher (Tennessee: 31.1%), and 5% have a graduate or professional degree.
Jobs and commute in Baxter
- Unemployment rate
- 0.8%State: 4.7%
- Average commute
- 25 minState: 26 min
- Work from home
- 12.9%
- Drive alone
- 67.5%
- Public transit
- 0%
- Walk to work
- 0.5%
- Homes with broadband
- 90.9%
Baxter vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Baxter | 1,361 | $58,750 | $219,000 | $914 |
| Cookeville | 36,088 | $51,375 | $305,400 | $917 |
| Algood | 4,036 | $42,359 | $190,300 | $817 |
| Dodson Branch | 1,425 | $74,375 | $171,700 | — |
| Gainesboro | 1,064 | $51,923 | $170,600 | $819 |
| Gordonsville | 1,299 | $57,688 | $251,400 | $889 |
| Smithville | 5,288 | $33,192 | $194,200 | $740 |
| Sparta | 4,939 | $50,080 | $217,000 | $731 |
| Carthage | 2,327 | $67,006 | $257,300 | $934 |
More for people moving to Baxter
Baxter ZIP code ›Weather and climate ›Living in Baxter: FAQ
What is the median household income in Baxter, TN?
The median household income in Baxter is $58,750, 16% lower than the Tennessee median of $69,595 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Baxter?
The median home value in Baxter is $219,000, compared with $286,700 in Tennessee.
How much is rent in Baxter?
The median gross rent in Baxter is $914 per month, about 32.3% of household income.
Is Baxter, TN a good place to live?
Pluses: home values 24% lower than the state median; an average commute of 25 minutes; unemployment of 0.8%. Minuses: median household income 16% lower than the Tennessee median; a poverty rate of 20.5%.
What is the median age in Baxter?
The median age in Baxter is 38.1 years (Tennessee: 38.9).
How long is the commute in Baxter?
The average commute to work in Baxter is 25 minutes; 12.9% of workers work from home.
What is the unemployment rate in Baxter?
The unemployment rate in Baxter is 0.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Baxter?
16.9% of adults in Baxter have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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