Excelsior, MN

Full City Profile · Minnesota · Carver County County

4.1 /5.0
A Great
2,359 Population 3,744/sq mi density
$108,611 Median Income $88,475 per capita
$839,500 Home Value $813,450 Zillow
$1,125 Median Rent 20.7% income on rent
47°F Avg Temperature
A
Overall
4.1 / 5.0
Strong
A+
Economy
5.0 / 5.0
$108,611 median income, 0.0% unemployment
C
Affordability
2.3 / 5.0
$839,500 home value, $1,125/mo rent
A+
Education
5.0 / 5.0
52.4% bachelor's degree or higher

Excelsior, MN

At a Glance

Median Income
$108,611
45% above
$88,475 per capita
Home Value
$839,500
198% above
Zillow: $813,450
Median Rent
$1,125/mo
3% below
20.7% of income on rent
Bachelor's Degree+
52.4%
55% above
100.0% high school+
Unemployment
0.0%
100% below
5.8% poverty rate
Obesity Rate
25.8%
20% below
9.9% smoking rate
Avg Temperature
47°F

How Excelsior Compares to the U.S. Average

Each bar shows Excelsior's value as a percentage of the national average (100% = U.S. avg)

Income
145%
Home Value
298%
Rent
97%
Poverty
47%
Bachelor's
155%
Unemployment
0%
Thin vertical line = U.S. national average (100%)

Is Excelsior a Good Place to Live?

A
4.1 / 5.0 - Great
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Excelsior residents earn a median household income of $108,611 , which is 45% above the national average of $75,149. Per capita income is $88,475. The unemployment rate stands at 0.0% (100% below the U.S. rate of 3.6%). 5.8% of residents live below the poverty line. The area is home to 2,874 business establishments, including 188 restaurants.

Housing & Cost of Living

The median home value in Excelsior is $839,500 , 198% above the national median of $281,900. Zillow estimates the typical home at $813,450. Median rent is $1,125/month, with 20.7% of renters spending more than 30% of income on housing. The cost of living index is 98.6 (100 = national average). The median home was built in 1966.

Education

52.4% of adults in Excelsior hold a bachelor's degree or higher (55% above the national average). 100.0% have completed high school. Local schools score 7.2/10 in standardized testing.

Climate & Weather

Excelsior has an average annual temperature of 47°F (8°C). Winters average 16°F in January while summers reach 74°F in July. Annual precipitation totals 30.6 inches.

Data Overview

People

Population2,359
Median Age43.3 yrs
Density3,744/mi²
Male / Female50% / 50%
Foreign Born4.8%
Veterans2.9%

Economy

A+
Median Income$108,611
Per Capita$88,475
Unemployment0.0%
Poverty5.8%
County GDP$7,614M
Avg Weekly Wage$1,297

Housing

C
Home Value$839,500
Rent$1,125
Ownership48.8%
Zillow$813,450
Housing Units1,331
Rent Burden20.7%

Health

Obesity25.8%
Diabetes6.3%
Smoking9.9%
Heart Disease4.1%
Premature Death3,990/100K

Climate

Avg Temp47°F
Rain30.6 in/yr
Elevation950 ft

Education

A+
Bachelor's+52.4%
High School+100.0%
Graduate+16.2%
School Score7.2/10

Community

2024 VoteR 52% / D 46%
Commute26 min
Broadband96.7%
Internet Speed126 Mbps
EV Stations1
Libraries7

Did You Know?

Excelsior was founded in 1877.
The median home in Excelsior was built in 1966.
17.9% work from home.
The nearest airport is Minneapolis-St Paul International/Wold-Chamberlain (17 miles).
The Gini coefficient (income inequality) is 0.415 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
7.5% of the population has a disability.
Average internet download speed is 126 Mbps.
There are 188 restaurants in the area.
The county recorded 9 fatal vehicle crashes.