Economy in Baxter, Minnesota
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Economy
| Unemployment Rate | 10.30% | 9.10% |
| Recent Job Growth | -2.85% | -0.12% |
| Future Job Growth | 24.00% | 31.25% |
| Sales Taxes | 7.00% | 6.80% |
| Income Taxes | 7.85% | 6.25% |
| Income per Cap. | $21,640 | $27,067 |
| Household Income | $52,555 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 7.36% | 12.10% |
| Income between 15K and 25K | 10.09% | 10.18% |
| Income between 25K and 35K | 10.91% | 10.56% |
| Income between 35K and 50K | 19.06% | 14.98% |
| Income between 50K and 75K | 27.86% | 19.53% |
| Income between 75K and 100K | 14.83% | 12.52% |
| Income between 100K and 150K | 7.64% | 12.14% |
| Income between 150K and 250K | 1.77% | 3.91% |
| Income between 250K and 500K | 0.44% | 3.34% |
| Income greater than 500K | 0.03% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 11.56% | 13.81% |
| Professional and Related Occupations | 27.41% | 22.68% |
| Service | 17.85% | 14.51% |
| Sales and Office | 23.43% | 25.22% |
| Farming, Fishing, and Forestry | 0.86% | 0.68% |
| Construction, Extraction, and Maintenance | 7.61% | 9.37% |
| Production, Transportation, and Material Moving | 12.42% | 15.86% |
The unemployment rate in Baxter, MN, is 10.30%, with job growth of -2.85%. Future job growth over the next ten years is predicted to be 24.00%.
Baxter, MN Taxes
Baxter, MN,sales tax rate is 7.00%. Income tax is 7.85%.
Baxter, MN Income and Salaries
The income per capita is $21,640, which includes all adults and children. The median household income is $52,555.
Baxter Economy SperlingViews
Summer's are awesome...Winter's a bit long but ple: If you like four seasons, it is quite nice here. It is not as cold as it used to be in the Winter. Winter's are somewhat long, but tolerable and Minnesotan's love the... (read more)Baxter in the Central Lakes Region: Baxter is a good place to live. It is a regional center for retail activity, with lots to do, and more than 400 lakes within 30 minutes from the city limits. There are a... (read more)Hospitality in central Minnesota: A community that loves it's place on the earth, Baxter is a place where people looking for a wholesome life gravitate to. That is why our growth has become so amazing. ... (read more)Have an opinion about Baxter? Leave a commentTo See All SperlingViews for Baxter Click Here
