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Baxter Information

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About the Newton, Baxter and Colfax, Iowa Area 

Baxter, Iowa

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Baxter, Iowa
Location of Baxter, Iowa
Country United States
State Iowa
County Jasper
Area
 - Total 0.7 sq mi (1.7 km©÷)
 - Land 0.7 sq mi (1.7 km©÷)
 - Water 0.0 sq mi (0.0 km©÷)
Elevation 1,004 ft (306 m)
Population (2000)
 - Total 1,052
 - Density 1,607.2/sq mi (620.5/km©÷)
Time zone Central (CST) (UTC-6)
 - Summer (DST) CDT (UTC-5)
ZIP code 50028
Area code(s) 641
FIPS code 19-04915
GNIS feature ID 0454391

Baxter is a city in Jasper County, Iowa, United States. The population was 1,052 at the 2000 census.

Geography

Baxter is located at 41°49′28″N 93°9′3″W / 41.82444, -93.15083

According to the United States Census Bureau, the city has a total area of 0.6 square miles (1.7 km©÷), all of it land.

Demographics

As of the census of 2000, there were 1,052 people, 438 households, and 288 families residing in the city. The population density was 1,607.2 people per square mile (624.9/km©÷). There were 455 housing units at an average density of 695.1/sq mi (270.3/km©÷). The racial makeup of the city was 98.86% White, 0.76% African American, 0.10% Native American, 0.19% Asian, and 0.10% from two or more races.

There were 438 households out of which 33.3% had children under the age of 18 living with them, 51.4% were married couples living together, 11.4% had a female householder with no husband present, and 34.2% were non-families. 29.2% of all households were made up of individuals and 15.3% had someone living alone who was 65 years of age or older. The average household size was 2.31 and the average family size was 2.84.

In the city the population was spread out with 25.1% under the age of 18, 8.0% from 18 to 24, 27.6% from 25 to 44, 20.4% from 45 to 64, and 18.9% who were 65 years of age or older. The median age was 38 years. For every 100 females there were 91.6 males. For every 100 females age 18 and over, there were 82.4 males.

The median income for a household in the city was $36,912, and the median income for a family was $42,411. Males had a median income of $31,150 versus $23,274 for females. The per capita income for the city was $17,749. About 6.3% of families and 8.9% of the population were below the poverty line, including 7.9% of those under age 18 and 12.7% of those age 65 or over.

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Real Estate Tips

Buyers Remorse >First Time Loans

Most first-time buyers can qualify for a mortgage loan, but they may need help from parents to make the down payment or closing costs on their home. There are loan programs that minimize the down payment and closing costs for first-time buyers. These programs usually require that 3 to 5 percent of the purchase price come from the buyers' funds, not from a loan or gift. Most lenders ask for the last three months' bank records. The borrower will be asked to reveal the origin of any large deposits. If the money comes from the homebuyer's parents, the lender may not consider those funds when qualifying the buyers.

Parents who are planning to help their children finance a home should transfer any funds several months before the house-hunting process begins. If it is a loan rather than a gift, a formal re-payment agreement should be drawn up between parents and children to eliminate potential misunderstandings or future complications with either estate.

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Real Estate Trivia

Q 
Who received the largest land grant ever given to an English subject for only two beaver skins per year?

A 
William Penn, the Quaker leader, received Pennsylvania and Delaware to settle a debt owed his father by King Charles II.
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