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.