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CITY · 2020 ACS

Excelsior

Minnesota · 2,355 residents · 0.629 sq mi
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The short version

Excelsior is wealthier than most US places, with a median household income of $80,750. Population has held roughly steady since 2000. 55% of adults hold a bachelor's degree or higher, well above the national rate of 33%. Median home value has more than tripled since 2000, reaching $773,100. With a median age of 49.6, the population is older than the US median of 38.8.

At a glance
Wealthier
above the US median
US median: $66,278
Older
median age 49.6
US median: 38.8
More educated
55% hold a bachelor's degree
US average: 33%
Less affordable
home values up 171%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
2,355
−2%since 2000
from 2,393 in 2000
1990 – 2025
Population density
3,744 / sq mi
−2%since 2000
from 3,804 / sq mi in 2000
US average: 280
Median age
49.6
+34%since 2000
from 37.1 in 2000
US average: 38.8
Population, 1990 – 2024
2K2K2K2K3K1990201020202024Excelsior
20243K
1990201020202024
Section 02

Income & economy

Median household income
$80,750
+23%inflation adjusted, since 2000
from $43,598 in 2000
US average: $66,278
1990 – 2024
Per capita income
$67,808
+133%since 2000
from $29,127 in 2000
US average: $35,364
Households earning $100K+
52.9%
+28.3 ptssince 2009
from 24.6% in 2009
US average: 43.9%
Poverty rate
5.7%
+0.1 ptssince 2000
from 5.7% in 2000
US average: 12.8%
Workforce by industry, 2020
Information13.8%
US avg: 11.1%
Retail trade11.4%
US avg: 10%
Wholesale trade11.1%
US avg: 6.7%
Finance & insurance6.1%
US avg: 5.5%
Professional, scientific, technical6.1%
US avg: 4.7%
Transportation & warehousing5.8%
US avg: 2.5%
Other services4.6%
US avg: 6.6%
Public administration3%
US avg: 4.7%
Arts, entertainment, food1.2%
US avg: 2%
Agriculture, forestry, fishing0.3%
US avg: 1.7%
Construction0.3%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
Education & health services0%
US avg: 0.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$773,100
+171%inflation adjusted, since 2000
from $190,100 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$953
+5%inflation adjusted, since 2000
from $604 in 2000
US average: $1,124
Owner-occupied
41.0%
+0.9 ptssince 2000
from 40.1% in 2000
59.0% rent
Afford Score
9.6
+120%since 2000
from 4.4 in 2000
1990 – 2024
RELATED:See current rent listings in Excelsior on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic92.3%(2,209)
Black0.8%(18)
Hispanic / Latino3.1%(75)
Asian2.2%(53)
Other0%
Diversity Score14.8%(355)
2020
White, non-Hispanic84.8%(1,998)
Black2.1%(50)
Hispanic / Latino6.8%(159)
Asian2.2%(51)
Other2.6%(60)
Diversity Score31.4%(739)
Diversity Score
31
+112%since 2000
from 15 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
55.2%
+18.1 ptssince 2000
from 37.2% in 2000
US average: 32.9%
High school or higher
98.1%
+5.7 ptssince 2000
from 92.4% in 2000
US average: 88.5%
Graduate degree
16.5%
+3.7 ptssince 2000
from 12.8% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
24.3 min
+68%since 2000
from 14.4 min in 2000
US average: 26.9
Drive alone to work
80.6%
−3.3 ptssince 2009
from 83.9% in 2009
US average: 75.1%
No vehicle available
6.1%
+1.2 ptssince 2009
from 4.9% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
2.6%
−1.4 ptssince 2011
from 4.0% in 2011
US average: 5.4%
Labor force participation
73.1%
−2.4 ptssince 2011
from 75.5% in 2011
US average: 63.4%
Management & professional
46.0%
−20.6 ptssince 2009
from 66.6% in 2009
US average: 39.3%
Section 08

People & community

Male
52.8%
+4.0 ptssince 2009
from 48.8% in 2009
Female
47.2%
−4.0 ptssince 2009
from 51.2% in 2009
Foreign born
10.4%
−2.9 ptssince 2009
from 13.3% in 2009
US average: 13.5%
Uninsured
8.4%
−80.7 ptssince 2013
from 89.1% in 2013
US average: 8.8%
Drill deeper

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Compare Excelsior to nearby cities

EXCELSIOR VS
Chanhassen
Income$143,651+78%
Home value$566,300−27%
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SEE FULL COMPARISON →
EXCELSIOR VS
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Income$173,527+115%
Home value$1,004,500+30%
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EXCELSIOR VS
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Income$86,675+7%
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EXCELSIOR VS
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Home value$581,200−25%
Population12,447+437%
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Frequently asked

How many people live in Excelsior, Minnesota?

Excelsior, Minnesota has about 2,355 residents according to the 2020 American Community Survey.

What is the median household income in Excelsior, Minnesota?

The typical household in Excelsior, Minnesota earns about $80,750 a year. Half of households make more than that, and half make less.

Is Excelsior, Minnesota expensive?

In Excelsior, Minnesota, the median home is worth about $773,100, and the typical rent is about $953 a month.

How educated are people in Excelsior, Minnesota?

About 55.2% of adults age 25 and over in Excelsior, Minnesota hold a bachelor's degree or higher.

What is the poverty rate in Excelsior, Minnesota?

About 5.7% of people in Excelsior, Minnesota live below the federal poverty line.

Has Excelsior, Minnesota grown since 1990?

Yes, Excelsior, Minnesota has shrunk since 1990. The population has lost about 86 residents, a change of about -4 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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