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ZipNumbers

Minnesota · Census place 20078

Excelsior city, MN

Quick answer

Excelsior city has 2,359 residents, ranking #240 of 914 places in Minnesota. Median household income is $108,611, the median home is worth $839,500 and median gross rent runs $1,125 a month.

Population
2,359Excelsior city residents
Median household income
$108,611Past 12 months, inflation adjusted
Median home value
$839,500Owner-occupied units
Median gross rent
$1,125Rent plus utilities, monthly
Median age
43.3 yrsAll residents
Homeownership rate
48.8%Owner-occupied households

What the numbers mean in Excelsior city

Housing cost measured against local earnings.

A household earning the Excelsior city median would spend about 12.4% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 7.7× the median household income; nationally that ratio sits near 4.5×. Poverty affects 9.8% of residents and 48.8% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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