HomeMinnesotaHennepin CountyExcelsior
Excelsior, Minnesota: commercial real estate data.
Excelsior is a Census city of 2,570 people across 0.63 square miles of land, in Hennepin County. Median household income is $103,068, 48.3 percent of occupied homes are owned, and the SBA record carries 46 7(a) approvals to borrowers here worth $11.6 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Excelsior
What Excelsior is
- Census place typecity
- Land area0.63 sq mi
- Water area0.25 sq mi
- Population per square mile of land4,085
- County holding the largest share of its areaHennepin County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Excelsior
How many people live in Excelsior
- Population2,570
- Median age47.1
- Population under 18394 plus or minus 155
- Share under 1815.3 percent plus or minus 5.6
- Population 65 and over486 plus or minus 153
- Share 65 and over18.9 percent plus or minus 5.3
- Households1,272
- Family households694 plus or minus 189
- Share of households that are families54.6 percent plus or minus 12.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Excelsior
Income and work in Excelsior
- Median household income$103,068 plus or minus $32,825
- Per capita income$84,021 plus or minus $22,113
- Civilian labor force1,601
- Employed1,601
- Unemployed0
- Unemployment rate0.0 percent
- Adults 25 and over1,952
- Adults 25 and over with a high school diploma or higher99.9 percent
- Adults 25 and over with a bachelor degree or higher58.2 percent
- Adults 25 and over with a graduate degree15.2 percent plus or minus 6.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Excelsior
Housing in Excelsior
- Housing units1,530
- Occupied units1,272
- Vacant units258 plus or minus 168
- Vacancy rate16.9 percent plus or minus 10.8
- Owner occupied615 plus or minus 127
- Renter occupied657 plus or minus 182
- Ownership rate48.3 percent
- Median owner-occupied home value$909,200 plus or minus $409,996
- Median gross rent, monthly$1,143
- Annual rent as a share of median income13.3 percent plus or minus 4.3
- Single family units739 plus or minus 204
- Share single family48.3 percent plus or minus 11.7
- Units in buildings of two or more791 plus or minus 231
- Share in buildings of two or more51.7 percent plus or minus 13.4
- Mobile homes0
- Median year structure built1970
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Excelsior
How Excelsior gets to work
- Workers 16 and over who commute1,218 plus or minus 274
- Commuting under 15 minutes300 plus or minus 174
- Share commuting under 15 minutes24.6 percent plus or minus 13.2
- Commuting 30 minutes or more466 plus or minus 195
- Share commuting 30 minutes or more38.3 percent plus or minus 13.5
- Drove alone69.1 percent
- Carpooled6.4 percent plus or minus 10.0
- Public transport0.0 percent
- Walked0.0 percent
- Worked from home23.2 percent plus or minus 7.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Excelsior
SBA loans in Excelsior (7(a))
- Approvals46
- Gross approval$11,580,300
- Average approval$251,746
- Median approval$150,000
- Ninetieth percentile approval$590,000
- Largest approval$1,551,300
- Jobs supported615
- Jobs per approval13.4
- Loans with a final outcome9
- Paid in full9
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more2.2 percent
- Share to franchises10.9 percent
- Distinct lenders21
- Distinct industries by NAICS28
Counted by borrower city: approvals to borrowers whose address is in Excelsior, in any county, FY2020 to FY2026. Only 9 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Excelsior
SBA loans in Excelsior (504)
- Approvals10
- Gross approval$5,936,000
- Average approval$593,600
- Median approval$368,000
- Largest approval$2,189,000
- Jobs supported83
- Loans with a final outcome3
- Charged off0
- Median term240 months
- Distinct CDCs3
Counted by borrower city: approvals to borrowers whose address is in Excelsior, in any county, FY2010 to FY2026. Only 3 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Excelsior
Flood risk in Excelsior
- NFIP communityCity of Excelsior
- NFIP community number270161
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date11/04/16
The City of Excelsior participates in the National Flood Insurance Program as community 270161 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Hennepin County, not Excelsior
Hennepin County context, not Excelsior figures
- Establishments in Hennepin County40,486
- Covered employment, Hennepin County917,117
- Average annual pay, Hennepin County$90,157
- Housing units permitted, Hennepin County3,919
Every figure in this section is published for Hennepin County as a whole and is not a measurement of Excelsior.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Excelsior questions, answered from the record.
How many people live in Excelsior, Minnesota?
2,570, in 1,272 households. Excelsior city covers 0.63 square miles of land, which is 4,085 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Excelsior in?
Hennepin County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Excelsior?
$103,068. The median owner-occupied home is valued at $909,200. Median gross rent is $1,143 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Excelsior businesses?
46 7(a) approvals totaling $11.6 m since FY2020, across 21 lenders, median approval $150,000, plus 10 504 approvals worth $5.9 m since FY2010. These count approvals to borrowers whose address is in Excelsior, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Excelsior borrowers get paid back?
No rate is published for Excelsior. Only 9 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Excelsior in the National Flood Insurance Program?
Yes. Excelsior appears in the FEMA Community Status Book as Excelsior, city of, community 270161, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Excelsior figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Hennepin County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Excelsior.
Is zoning published for Excelsior?
No. Nothing on this page presents parcel level zoning.