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All about

Excelsior, MN

The small town of Excelsior, Minnesota is home to just over 2,000 people. Middle-aged professionals can expect to feel welcome, as they make up an above-average percentage of the population, while young adults account for a smaller percentage of the town. Overall, the town's residents, with an average age of just under 44, skew older than most cities in Minnesota. By a small 53%-47% margin, homeowners hold a slight majority over renters in Excelsior. At $977 per month, the average rent is roughly the same as the state average.

Compared to the national average (7%), Excelsior has a large percentage of residents older than 25 who have advanced degrees, as 13% possess a Master's degree or a Doctorate. Furthermore, 27% possess a Bachelor's degree, which also outpaces the national average. Many Excelsior residents work in one of five industries: retail, healthcare, entertainment, manufacturing, and scientific. Together, these industries make up 35% of the town's workforce. Meanwhile, in terms of job function, 13% of residents work in management, making it the top profession in the town. Excelsior workers earn an average annual income of around $94,000, more than the average Minnesota resident. The town's average income also compares favorably to the national average ($73,345).

Excelsior has an average commute time of about 26 minutes. Many residents (50%) commute to work by car, while public transportation is not extensively used. Walking isn't a common means of commuting to work.

Average Rent in Excelsior

Studio1 Bed2 Bed3 Bed
Sep 19$727$980$1,075
Oct 191,2251,005
Sep 19980980
Jul 191,450980
May 191,185980
Apr 191,175980
Mar 191,175980
Apr 19980
Mar 19980
Feb 19980
*The rent information included in this summary is based on a median calculation of multifamily rental property inventory on Apartment Guide and Rent.com over the past 12-months and is for illustrative purposes only. This information does not constitute a pricing guarantee or financial advice related to the rental market.

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Information is copyrighted and school data provided by GreatSchools.org. Information is deemed reliable but not guaranteed. Schools listed above are based on distance from the selected location and are just a sampling of the schools in the area. To find a particular school district, and how it relates to a specific apartment, please contact the apartment manager.

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