Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 48.8 yrs |
|---|---|
| Avg HH Size | 2.54 |
| Below Poverty | 3.8% ▼ 62% below avg |
| College Grads | 75.8% ▲ 96% above avg |
| Unemployment | 3.3% ▼ 33% below avg |
| HS Graduate | 1,354 (10%) |
| Some College | 695 (5.1%) |
| Associates | 1,234 (9.1%) |
| Bachelors | 669 (4.9%) |
| Graduate Degree | 9,596 (70.8%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $160,029 ▲ 110% above avg |
|---|---|
| Median Home Value | $707,000 ▲ 154% above avg |
| Home/Income Ratio | 4.4x (nat avg ~3.5x) |
| Median Rent | $1,208/mo |
| Total Housing Units | 8,275 |
| Vacant Units | 718 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Excelsior is a city in Minnesota, located in Hennepin County. The city spans 1 ZIP code and is home to approximately 19,291 residents. It is a mature city, with a median age of 48.8 years.
Economically, Excelsior is a affluent community. The median household income of $160,029 is more than double the national average. Approximately 3.8% of residents live below the poverty line. The unemployment rate is 3.3%, below the national average.
The real estate market in Excelsior is a premium housing market. Median home values stand at $707,000, which is more than double the national average. Renters typically pay around $1,208 per month. Homeownership is high at 87.1%, typical of suburban and family-oriented communities.
The population of Excelsior is highly educated. 75.8% of adults hold a bachelor's degree or higher — significantly above the national average. The community is primarily White (91.03%).
Excelsior, MN offers residents above-average earning potential within Minnesota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 55331 | 19,291 | $160,029 | $707,000 | $1,208 | 3.3% | 75.8% | 87.1% |