Excelsior

Population: 2,359
Median household income: $108,611
Median home value: $839,500

Located in Hennepin County, Minnesota, Excelsior is a community with a population of 2,359. Its median household income of $108,611 runs above the Hennepin County figure of $96,339.

Between 2019 and 2023, Excelsior's population declined 3.1% from 2,434 to 2,359, while its median home value rose 36.0% from $617,100 to $839,500.

73.9% of workers drive to work alone. 44.9% of homes are single-family detached houses.

Demographics

ACS 2019–2023

Population: 2,359
Median age: 43.3 yrs
Median household income: $108,611
Median home value: $839,500
Median gross rent: $1,125
Housing units: 1,417
Homeownership rate: 48.8%
Bachelor's degree or higher: 52.4%
Unemployment rate: 0.0%

Trends

ACS 5-year · 2019–2023

Population

2,4342,359

Median household income

$70,000$108,611

Median home value

$617,100$839,500

Median gross rent

$949$1,125

Year	Population	Median household income	Median home value	Median gross rent
2019	2,434	$70,000	$617,100	$949
2020	2,414	$80,750	$773,100	$953
2021	2,389	$88,000	$726,000	$987
2022	2,257	$92,148	$739,600	$1,102
2023	2,359	$108,611	$839,500	$1,125

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 53.8%

5 to 1711.3%

18 to 247.9%

25 to 3413.7%

35 to 4415.2%

45 to 547.3%

55 to 6421.2%

65 to 7412.3%

75 and over7.3%

	Count	Share
Under 5	90	3.8%
5 to 17	266	11.3%
18 to 24	187	7.9%
25 to 34	323	13.7%
35 to 44	358	15.2%
45 to 54	172	7.3%
55 to 64	500	21.2%
65 to 74	291	12.3%
75 and over	172	7.3%

Race & ethnicity

	Count	Share
White (non-Hispanic)	2,230	94.5%
Black or African American	0	0.0%
American Indian & Alaska Native	0	0.0%
Asian	0	0.0%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	32	1.4%
Hispanic or Latino (any race)	97	4.1%

Educational attainment (age 25+)

No high school diploma0.0%

High school graduate22.5%

Some college or associate's25.2%

Bachelor's degree36.0%

Graduate or professional degree16.4%

	Count	Share
No high school diploma	0	0.0%
High school graduate	408	22.5%
Some college or associate's	457	25.2%
Bachelor's degree	654	36.0%
Graduate or professional degree	297	16.4%

Commute to work

Mean travel time to work: 26 min

Drove alone73.9%

Carpooled6.3%

Public transit0.0%

Walked0.0%

Bicycle0.0%

Worked from home17.9%

Other means1.8%

How workers get to work

	Count	Share
Drove alone	1,129	73.9%
Carpooled	97	6.3%
Public transit	0	0.0%
Walked	0	0.0%
Bicycle	0	0.0%
Worked from home	274	17.9%
Other means	28	1.8%

Travel time

	Count	Share
Under 15 min	306	24.4%
15 to 29 min	463	36.9%
30 to 44 min	297	23.7%
45 to 59 min	157	12.5%
60+ min	31	2.5%

Households

Average household size: 1.96
Poverty rate: 9.8% (223 of 2,269)

	Count	Share
Family households	658	56.9%
Nonfamily households	498	43.1%

Housing

Median year structure built: 1968

Occupancy

	Count	Share
Occupied	1,156	81.6%
Vacant	261	18.4%

Tenure (of occupied units)

	Count	Share
Owner-occupied	564	48.8%
Renter-occupied	592	51.2%

1-unit, detached44.9%

1-unit, attached4.9%

2 to 4 units7.9%

5 to 19 units24.8%

20 or more units17.5%

Mobile home & other0.0%

Units in structure

	Count	Share
1-unit, detached	636	44.9%
1-unit, attached	70	4.9%
2 to 4 units	112	7.9%
5 to 19 units	351	24.8%
20 or more units	248	17.5%
Mobile home & other	0	0.0%

Geography

Place GEOID: 2720078
Type (LSAD): 25
Land area: 0.63 sq mi
Water area: 0.25 sq mi
Center point: 44.9027, -93.5664