2025 Compare Cities Economy:
Baxter, MN vs Prior Lake, MN

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Highlights
- Household income in Prior Lake, is 79% more than it is in Baxter and is 40% above the National Average.
- Baxter unemployment rate is 6.0%.
- Prior Lake unemployment rate is 3.8%.
 Baxter, MNPrior Lake, MNUnited States
 Unemployment Rate  Unlock3.8%6.0%
 Recent Job Growth  Unlock1.8%1.6%
 Future Job Growth42.5%  Unlock33.5%
 Sales Taxes7.9%  Unlock6.2%
 Income Taxes  Unlock7.1%4.6%
 Income per Cap.$32,912  Unlock$37,638
 Household Income  Unlock$115,837$69,021
 Family Median Income$78,056  Unlock$85,028
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 Est. Households By Income
 Baxter, MNPrior Lake, MNUnited States
 Income Less Than 15K  Unlock2.6%9.4%
 Income between 15K and 20K2.8%  Unlock3.8%
 Income between 20K and 30K  Unlock3.8%8.1%
 Income between 30K and 40K8.9%  Unlock8.0%
 Income between 40K and 50K  Unlock5.2%7.6%
 Income between 50K and 60K8.9%  Unlock7.2%
 Income between 60K and 75K  Unlock9.4%9.6%
 Income between 75K and 100K13.2%  Unlock12.8%
 Income between 100K and 150K  Unlock21.7%16.3%
 Income between 150K and 200K4.1%  Unlock7.8%
 Income greater than 200K  Unlock23.2%9.5%
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 Population By Occupation
 Baxter, MNPrior Lake, MNUnited States
 Management, business, finance13.2%  Unlock16.4%
 Engineering, computers, science  Unlock10.1%6.5%
 Community, social services3.6%  Unlock1.8%
 Legal  Unlock0.8%1.2%
 Education, library5.9%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock2.7%2.0%
 Healthcare practitioners and technology7.3%  Unlock6.2%
 Healthcare support  Unlock1.7%3.3%
 Firefighters, law enforcement2.1%  Unlock2.1%
 Food preparation, serving  Unlock3.3%5.4%
 Building maintenance2.5%  Unlock3.6%
 Personal care  Unlock3.6%2.6%
 Sales, office, administrative support20.7%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.1%0.6%
 Construction, extraction, maintenance/repair6.5%  Unlock8.1%
 Production, transportation, material moving  Unlock9.7%13.1%
Reviews for Baxter    3 Reviews

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  More

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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.   More

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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  More

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Reviews for Prior Lake    3 Reviews

Over 13 years ago

Prior Lake is an amazing place to raise a family and to live. The city puts a lot of money into community events that are almost always free or of low cost. From the  More

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Over 15 years ago

A beautiful, quiet, friendly community built around a lovely good sized lake. Prior Lake is only a short drive away from many fun and exciting cultural, sporting,  More

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We actually live in Credit River Township, but our mailing address is Prior Lake. Our real estate taxes help pay for the schools in Prior Lake, but, in Credit River  More

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