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
Compare with nearby places
Places of similar size in Minnesota.
- Janesville city 2,449
- Lauderdale city 2,386
- Madelia city 2,380
- Staples city 2,359
- Spring Valley city 2,357
- Wells city 2,317
- Arlington city 2,298
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More Minnesota coverage.