See R. W. Hidy, The House of Baring in American Trade and Finance, 1763-1861 (1949).
Baring is located on the Burlington Northern and Santa Fe railroad's mainline between Chicago and Los Angeles, which carries heavy mixed freight and intermodal traffic, as well as Amtrak's Southwest Chief passenger train.
According to the United States Census Bureau, the city has a total area of 0.1 square miles (0.3 km²), all of it land.
There were 65 households out of which 29.2% had children under the age of 18 living with them, 52.3% were married couples living together, 12.3% had a female householder with no husband present, and 35.4% were non-families. 30.8% of all households were made up of individuals and 15.4% had someone living alone who was 65 years of age or older. The average household size was 2.45 and the average family size was 3.14.
In the city the population was spread out with 28.3% under the age of 18, 6.9% from 18 to 24, 20.8% from 25 to 44, 25.2% from 45 to 64, and 18.9% who were 65 years of age or older. The median age was 40 years. For every 100 females there were 82.8 males. For every 100 females age 18 and over, there were 78.1 males.
The median income for a household in the city was $27,500, and the median income for a family was $32,500. Males had a median income of $25,000 versus $23,750 for females. The per capita income for the city was $11,980. About 8.3% of families and 14.1% of the population were below the poverty line, including 22.7% of those under the age of eighteen and 10.3% of those sixty five or over.