Excelsior city, Minnesota Demographics & Population 2026
As of 2026, Excelsior city, Minnesota has a total population of 2,359, the 240th largest city in Minnesota, with a median household income of $108,611, which is 24% higher than the state average. The poverty rate is 9.8%.
Key Takeaways
- 52.4% of adults hold a bachelor's degree or higher — top 10% in Minnesota.
- Housing affordability is a challenge — homes cost 7.7x the median household income.
- Near full employment with an unemployment rate of just 0.0%.
Excelsior city Quick Facts
How Excelsior city Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 40 | National average: 60
Education
Educational Attainment (Adults 25+)
Excelsior city Rankings in Minnesota
Explore Minnesota Rankings
Other Cities in Hennepin County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Minneapolis city | 426,845 | $80,269 | 16.4% | $345,600 |
| Bloomington city | 88,838 | $90,677 | 9.1% | $346,200 |
| Brooklyn Park city | 84,349 | $85,964 | 10.3% | $313,500 |
| Plymouth city | 79,526 | $133,865 | 4.1% | $474,700 |
| Maple Grove city | 70,539 | $129,481 | 3.9% | $397,400 |
| Eden Prairie city | 63,249 | $127,732 | 6.0% | $463,300 |
| Minnetonka city | 53,256 | $120,496 | 4.8% | $456,200 |
| Edina city | 53,125 | $129,225 | 4.4% | $624,000 |
| St. Louis Park city | 49,541 | $100,250 | 7.3% | $371,600 |
| Richfield city | 36,725 | $84,055 | 7.3% | $320,400 |
Cities Similar to Excelsior city
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Rockville city | 2,521 | $101,447 | $327,400 | 30.4% | 5.0% |
| Mayer city | 2,501 | $120,551 | $330,400 | 38.2% | 5.2% |
| Cologne city | 2,146 | $117,344 | $356,600 | 43.0% | 6.1% |
| Esko CDP | 2,063 | $116,406 | $278,800 | 41.3% | 2.6% |
| Madelia city | 2,380 | $77,500 | $158,300 | 18.9% | 9.9% |
Population Overview
Excelsior city is a small community located in Minnesota, within Hennepin County. The total population is 2,359. It ranks as the 240th most populous out of 913 cities and towns in Minnesota.
Age Demographics
The median age in Excelsior city is 43.3 years. This is 12% higher than the state median of 38.6 years.
Economy, Income & Housing
The median household income in Excelsior city is $108,611. This is 24% higher than the state median of $87,556. Compared to the national median of $78,538, household income here is 38% higher. The poverty rate stands at 9.8%. This is 7% higher than the state poverty rate of 9.2%. The unemployment rate is 0.0%. This is 100% lower than the state rate of 3.9%. The median home value is $839,500. Housing costs are 175% higher than the state median of $305,500. The home-value-to-income ratio of 7.7x suggests that housing affordability is a significant concern for many residents. 48.8% of occupied housing units are owner-occupied. This homeownership rate is 33% lower than the state average of 72.4%.
Race & Ethnicity
Excelsior city has a predominantly White (non-Hispanic) population, comprising 94.5% of all residents. Hispanic or Latino residents account for 4.1%.
Education
52.4% of residents aged 25 and older hold a bachelor's degree or higher. This places Excelsior city in the top 10% of all cities in the state for educational attainment. This is 35% higher than the state rate of 38.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 100.0%. Notably, 16.4% of adults hold a graduate or professional degree, indicating a highly educated workforce.
Data Sources & Methodology
All demographic data for Excelsior city, Minnesota is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 913 Census-designated places in Minnesota. For official data, visit data.census.gov.
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Frequently Asked Questions
What is the population of Excelsior city, Minnesota?
Excelsior city, Minnesota has a population of 2,359 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Excelsior city, MN?
The median household income in Excelsior city is $108,611, which is 38% higher the national median of $78,538.
What is the poverty rate in Excelsior city, MN?
The poverty rate in Excelsior city is 9.8%. This means approximately 223 residents live below the federal poverty line.
What is the racial makeup of Excelsior city, Minnesota?
Excelsior city's population is 94.5% White, 0.0% Black, 4.1% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Excelsior city, MN?
The median home value in Excelsior city is $839,500. The home-value-to-income ratio is 7.7x.
How educated is Excelsior city, Minnesota?
52.4% of adults (25+) in Excelsior city hold a bachelor's degree or higher, and 16.4% hold a graduate or professional degree.