Population figures have fluctuated, ranging from 1,379 in 2017 to 1,627 in 2012. The 2022 population of 1,602 represents a slight increase from previous years. These economic trends suggest growing prosperity in the community, although this has not significantly altered the racial composition of the area.

Baxter's persistent lack of diversity contrasts with national trends towards increasing diversity in many urban and suburban areas. The steady increase in median income aligns with broader economic recovery and growth trends seen across much of the United States in the past decade. The slight increase in Hispanic population, while small, mirrors larger national trends of growing Hispanic communities across various parts of the country.

In conclusion, Baxter has experienced economic growth and minor shifts towards increased diversity, but remains a predominantly white, low-diversity community. The economic prosperity has not led to significant demographic changes, suggesting strong community stability or possibly limited opportunities or appeal for more diverse populations. Future years will reveal whether the recent, slight increases in diversity represent the beginning of a longer-term trend or remain as minor fluctuations in an otherwise stable demographic landscape.