2025 Compare Cities Economy:
Excelsior, MN vs Prior Lake, MN

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Highlights
- Household income in Prior Lake, is 32% more than it is in Excelsior and is 40% above the National Average.
- Excelsior unemployment rate is 4.2%.
- Prior Lake unemployment rate is 3.8%.
 Excelsior, MNPrior Lake, MNUnited States
 Unemployment Rate  Unlock3.8%6.0%
 Recent Job Growth  Unlock1.8%1.6%
 Future Job Growth36.9%  Unlock33.5%
 Sales Taxes7.5%  Unlock6.2%
 Income Taxes  Unlock7.1%4.6%
 Income per Cap.$71,026  Unlock$37,638
 Household Income  Unlock$115,837$69,021
 Family Median Income$107,404  Unlock$85,028
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 Est. Households By Income
 Excelsior, MNPrior Lake, MNUnited States
 Income Less Than 15K  Unlock2.6%9.4%
 Income between 15K and 20K3.1%  Unlock3.8%
 Income between 20K and 30K  Unlock3.8%8.1%
 Income between 30K and 40K4.4%  Unlock8.0%
 Income between 40K and 50K  Unlock5.2%7.6%
 Income between 50K and 60K4.6%  Unlock7.2%
 Income between 60K and 75K  Unlock9.4%9.6%
 Income between 75K and 100K8.4%  Unlock12.8%
 Income between 100K and 150K  Unlock21.7%16.3%
 Income between 150K and 200K6.8%  Unlock7.8%
 Income greater than 200K  Unlock23.2%9.5%
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 Population By Occupation
 Excelsior, MNPrior Lake, MNUnited States
 Management, business, finance26.3%  Unlock16.4%
 Engineering, computers, science  Unlock10.1%6.5%
 Community, social services1.8%  Unlock1.8%
 Legal  Unlock0.8%1.2%
 Education, library4.2%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock2.7%2.0%
 Healthcare practitioners and technology4.6%  Unlock6.2%
 Healthcare support  Unlock1.7%3.3%
 Firefighters, law enforcement1.2%  Unlock2.1%
 Food preparation, serving  Unlock3.3%5.4%
 Building maintenance2.5%  Unlock3.6%
 Personal care  Unlock3.6%2.6%
 Sales, office, administrative support19.8%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.1%0.6%
 Construction, extraction, maintenance/repair12.3%  Unlock8.1%
 Production, transportation, material moving  Unlock9.7%13.1%
Reviews for Excelsior    2 Reviews

Over 18 years ago

great place to  More

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Over 18 years ago

...but on a beautiful Lake Minnetonka, the climate is great for summer lake activities and winter lake activities like  More

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Reviews for Prior Lake    3 Reviews

Over 13 years ago

Prior Lake is an amazing place to raise a family and to live. The city puts a lot of money into community events that are almost always free or of low cost. From the  More

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Over 15 years ago

A beautiful, quiet, friendly community built around a lovely good sized lake. Prior Lake is only a short drive away from many fun and exciting cultural, sporting,  More

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We actually live in Credit River Township, but our mailing address is Prior Lake. Our real estate taxes help pay for the schools in Prior Lake, but, in Credit River  More

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