Richard Baxter is commemorated in the Calendar of saints of the Episcopal Church in the United States of America with a feast day on 8 December, but his feast day in the Church of England's Calendar of Saints is 14 June.

Literary legacy and mentions

AG Matthews, in an article "The Works of Richard Baxter: an Annotated List" (Congregational Historical Society Transactions, XI (1932)) lists 141 books written by Baxter. Geoffrey Nuttall, in his biography of Baxter, published in 1965, reproduces this list, noting that one of the listed works, Fasciculus literarum (1680), was, in fact, written by John Hinckley.

In 1674, Baxter cast in a new form the substance of Arthur Dent's book The Plain Man's Pathway to Heaven under the title, The Poor Man's Family Book. In this way, Arthur Dent of South Shoebury was a link between Baxter and another great Puritan John Bunyan.

In 1679 Baxter made one of the very few known allusions to Sir Thomas Browne's discourse The Garden of Cyrus, critically declaring to newly ordained priests, You shall have more.. solid truth than those in their learned Network treatises.

Baxter's influence in New England is referenced in the first chapter of the 19th century devotional work "I Will Be A Lady – a book for girls" by Mrs. Tuthill.

In George Eliot's Mill on the Floss Richard Baxter's "Saints Everlasting Rest" is listed as one of aunt Glegg's books.

Max Weber (1864–1920), the German sociologist, made significant use of Baxter's works in developing his thesis for "The Protestant Ethic and the Spirit of Capitalism" (1904, 1920). Robert K. Merton (1910–2003), founder of the sociology of science and well known for the so-called Merton Thesis, also followed Weber in making use of Baxter's Christian Directory as "a typical presentation of the leading elements in the Puritan ethos."

Baxter's House in Bridgnorth is still standing near the High Street with a name plaque on the front.

The Richard Baxter Monument in the civic parish of Wolverley and Cookley (neighbouring Kidderminster) was built around 1850 in memory of Baxter. It is a Grade II listed structure and resides on a hilltop on Blakeshall Common.

The Baxter Monument is a Grade II listed structure in Kidderminster. This tribute of general esteem was erected nearly two centuries after Baxter's death, sculpted by Sir Thomas Brock and unveiled 28 July 1875. Originally in the Bull Ring, it was moved to its present site outside St Mary's parish church in March 1967.

The Baxter Monument in Rowton, Shropshire (the village of his birth) is a squat stone obelisk with a bronze plaque on which is written "Richard Baxter great divine author and eminent citizen of the 17th century. Son of Richard Baxter and Beatrice née Adney born here in Rowton AD 1615. Died in London 1691". It resides on a triangle of grass at the centre of the village and is probably of late 19th century construction. It was designated a Grade II listed structure in 1983. There is a portrait of Baxter in Dr Williams's Library, Gordon Square, London.

Baxter House, a boarding house at Old Swinford Hospital school in Stourbridge, is named after him. In Kidderminster, Baxter College (formerly Harry Cheshire High School), and a public park, Baxter Gardens, are both named after him. Until July 2011, Baxter's name was given to one of the six houses (the others Acton, Clive, Darwin, Houseman and Webb) at The Priory School, Shrewsbury. The houses were initially named after historical persons, but subsequently changed to tree names.