Excelsior, MN Employment - Median Household Income, Unemployment Rate

Excelsior employment information

Index	Excelsior	Minnesota	National
Income per capita	$48,043	$33,225	$29,829
Median household income	$45,915	$63,217	$55,322
Median income owner occupied	$97,578	$77,618	$70,586
Median income renter occupied	$32,479	$34,348	$35,192
Median earnings male	$36,761	$40,933	$36,919
Median earnings female	$25,977	$29,114	$26,250
Unemployment rate	3.2%	3.4%	4.7%
Poverty level	10.4%	10.8%	15.1%

The Excelsior, MN employment information can be a key indicator when searching for a new job. A good indicator of the strength of the job market is the income per capita and the median household income. The income per capita in Excelsior is $48,043, which is 45% higher than than the Minnesota average and 61% higher than than the national average. The median household income is $45,915, which is 27% lower than than the Minnesota average and 17% lower than than the national average. The unemployment rate in Excelsior is 3%, which is 31% lower than than the national average. The poverty rate in Excelsior is 10% which is 31% lower than than the national average.

am i middle class

$30,606$45,915$91,830

City

$42,140$63,217$126,434

State

$36,877$55,322$110,644

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

Did you know?

The income per capita in Excelsior is 61% higher than the national average.
The median household income in Excelsior is 17% lower than the national average.
Male median earnings are 41% higher than female median earnings.
The unemployment rate in Excelsior is 31% lower than the national average.
The poverty level in Excelsior is 31% lower than the national average.

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Compare Excelsior, MN Employment To Other Cities

Employment status

Hours worked per week

Excelsior median earnings by income bracket

Excelsior employment by industry

Labour Type	Male	Female
Construction industry	12.9%	0.0%
Manufacturing sector	11.7%	0.8%
Financial & insurance services	3.7%	2.5%
Wholesale & retail services	21.1%	18.0%
Public administration	1.2%	1.8%
Transportation, warehousing & utilities	4.7%	2.5%
Education, health & social services	9.3%	29.9%
Other	28.3%	40.9%

Nearby cities with high median household income

City, State	Population	Household Income	National Avg.
Minnetonka Beach, MN	586	$197,031	256%
Woodland, MN	449	$149,063	169%
Minnetrista, MN	6,963	$143,191	159%
Medina, MN	5,633	$137,692	149%
Victoria, MN	8,385	$132,431	139%
Excelsior, MN	2,510	$45,915	17%

Cities with similar population

City, State	Population	Household Income	National Avg.
Shallowater, TX	2,510	$70,531	27%
Guntown, MS	2,509	$60,081	9%
Doniphan, MO	2,509	$30,563	45%
Rockville, MN	2,511	$70,352	27%
Curwensville, PA	2,509	$34,375	38%
Excelsior, MN	2,510	$45,915	17%

Source: The Excelsior, MN employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).