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.
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