Excelsior, MN Demographics

The total population of Excelsior is estimated to be 2,257 with 1,192 males (52.81%) and 1,065 females (47.19%). There are 127 less females than males in Excelsior.
The median household income in Excelsior was $95,120 in 2021, which marked an an increase of 3,619(3.96%) from $91,501 in 2020. This income is 127.50% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Excelsior sees its highest median household income among householders in the age group of 65 years and over old, at $120,657. Overall, the median household income for the city of Excelsior stands at $95,120.
In Excelsior, the median income for all workers aged 15 years and older, regardless of work hours, was $59,585 for males and $40,534 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $91,314 for males and $69,528 for females.
In Excelsior, population is primarily represented by White households, reporting a median income of $96,877.
In 2022, the population of Excelsior was 2,295, a 1.21% decrease year-by-year from 2021. Previously, in 2021, Excelsior's population was 2,323, a decline of 1.40% compared to a population of 2,356 in 2020.
The median age in Excelsior, MN is 43.9, as per 2021 ACS 5-Year Estimates. Of the total population, 14.27% were under the age of 15, 17.83% aged 15 to 29, 48.22% aged 30 to 64, 18.79% aged 65 to 84, and 0.88% were 85 years of age and older.
Racial distribution of Excelsior population: 96.44% are White, 0.46% are Asian, 0.96% are some other race and 2.13% are multiracial.