Baxter is a very small town located in the state of Tennessee. With a population of 1,934 people and two associated neighborhoods, Baxter is the 244th largest community in Tennessee. There's nothing like the smell of a brand new house, and in Baxter, you'll find that a large proportion of houses were recently built. New growth in residential real estate is an indication that people are choosing to move to Baxter, and putting down their money on brand new construction. Baxter’s real estate is, on average, some of the newest in the nation. Baxter does seem to be experiencing an influx of affluent people, because the median household income is $57,829.00.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 11.52% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

The town is relatively quiet, having a combination of lower population density and few of those groups of people who have a tendency to be noisy. For example, Baxter has relatively fewer families with younger children, and/or college students. Combined, this makes Baxter a pretty quiet place to live overall. If you like quiet, you will probably enjoy it here.

Being a small town, Baxter does not have a public transit system used by locals to get to and from work.

In Baxter, just 9.60% of people over 25 hold a college degree, which is very low compared to the rest of the nation, whereas the average among all cities is 21.84%.

The per capita income in Baxter in 2022 was $30,099, which is upper middle income relative to Tennessee, and middle income relative to the rest of the US. This equates to an annual income of $120,396 for a family of four. However, Baxter contains both very wealthy and poor people as well.

The people who call Baxter home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Baxter residents report their race to be White, followed by Black or African-American. Important ancestries of people in Baxter include English, Scottish, German, Irish, and Italian.

The most common language spoken in Baxter is English. Other important languages spoken here include Italian and Spanish.