HomeMinnesotaHennepin CountyExcelsior city
Excelsior city, Minnesota: commercial real estate data.
Excelsior city 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.
76 sourced place values · tier FULL · 8 sections
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 7(a) lending to Excelsior borrowers
- Approvals46
- Gross approval$11,580,300
- Average approval$251,746
- Median approval$150,000
- Ninetieth percentile approval$630,000
- 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
A charge-off rate is not published here. only 9 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Excelsior
SBA 504 lending to Excelsior borrowers
- Approvals10
- Gross approval$5,936,000
- Average approval$593,600
- Median approval$378,000
- Largest approval$2,189,000
- Jobs supported83
- Loans with a final outcome3
- Charged off0
- Median term240 months
- Distinct CDCs3
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Hennepin County, not Excelsior
Hennepin County context, not Excelsior figures
These are Hennepin County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Excelsior measurements.
- Establishments in Hennepin County40,486
- Employment at those establishments, Hennepin County939,201
- Covered employment, Hennepin County917,117
- Average annual pay, Hennepin County$90,157
- Average weekly wage, Hennepin County$1,734
- Housing units permitted, Hennepin County3,919
- Of those, single family, Hennepin County2,054
- County product, 2024, Hennepin County$193,617,316,000
- County product change over the prior year, Hennepin County5.1 percent
- Average income of an arriving household, Hennepin County$77,501
Every figure in this section is published for Hennepin County as a whole and is not a measurement of Excelsior. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
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. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
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 totalling $11.6 m, across 21 lenders, median approval $150,000, plus 10 504 approvals worth $5.9 m. 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 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Excelsior figures?
No, and they are labelled 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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.