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Assisted Living in Excelsior, Minnesota

There are 20 assisted living facilities serving Excelsior, Minnesota. This includes 1 facility in Excelsior and 19 nearby. The daily costs for assisted living in Minnesota range from $29 to $240, with a mean cost running around $113. The per month expense averages around $3,403 and ranges between $867 and $7,200. On an annual basis, the mean cost is about $40,830, which is less than the nationwide average of $42,000.

Costs of assisted living in Excelsior range between $2,276 per month and $4,605 per month. The median cost is approximately $3,568 per month, or about $42,810 annually.




SeniorScore™ for Excelsior, Minnesota



The SeniorScore™ is calculated based on over 100 variables, some of which are shown below. The final score is curved based on a linear curving method. For More info visit senioradvice.com/seniorscore.

74

SeniorScore™ Overview

  • Excelsior scores higher than the Minnesota average of 70.
  • Excelsior scores higher than the national average of 72.
61

Health & Safety

  • There is a high number of Medicare registered physicians within the city limits.
  • There are 3 hospitals within close range of the city, including Ridgeview Medical Center, St Francis Regional Medical Center, and Park Nicollet Methodist Hospital.
  • There are 114 senior living facilities in close proximity to the city, including BeeHive Homes of Excelsior, Golden LivingCenter - Excelsior, and Emerald Crest.
  • There is a high number of home healthcare providers operating in the city.
  • There is an average number of fire stations serving the city.
  • The average life expectancy is 81.1, compared to the national average of 78.6.
  • There are 316 pharmacies within close range of the city.
68

Recreation & Leisure

  • The city has an average percentage of seniors in the population (28% of residents).
  • There are 126 golf courses in or around the city, including Minnetonka Country Club, Minnetonka Country Club, and Deer Run Golf Club.
  • There are 14 parks near the city center, including Minnesota Landscape Arboretum, Lake Ann Park, and City of Victoria: Victoria Field House.
  • There are 146 churches in or near the city, including Trinity Episcopal Church, Mount Calvary Lutheran Church, and St John the Baptist Catholic.
  • There are 8 malls / shopping centers within close range of the city.
  • There are 116 grocery stores within the city.
  • There are 9 movie theatres in or near the city.
  • There are 122 gyms or health clubs in or near the city.
69

Finances

  • The property taxes average 3.45% of total income, which is significantly higher than the national average of 2.79%.
  • The property taxes average 1.14% of property value, which is significantly lower than the national average of 1.09%.
  • The city sales taxes averages 7.38%, which is higher than the national average of 6.97%.
  • Minnesota has an average state income tax of 4.79%, compared to the national average of 3.38%.
  • The city's mean household income is $159,843, which is significantly lower than the national average of $64,580.
  • The city's median household income is $105,526, which is significantly lower than the national median of $51,560.
  • The city's per capita income is $60,777, which is significantly higher than the national average of $25,611.
  • Assisted living costs average $42,810 per year, which are average compared to national figures.
  • Nursing home costs average $94,451 per year, which are average compared to national costs.
  • Adult daycare costs average $15,860 per year, which are low compared to national numbers.
  • Home healthcare costs average $56,628 annually, which are very high compared to national costs.
  • The unemployment rate is about 4.55%, which is low compared to national averages.
  • The overall cost of living is high compared to national averages.
  • 0% of the senior population are financially responsible for at least one grandchild.
66

General Quality of Life

  • Excelsior receives low levels of rainfall each year.
  • Excelsior has very harsh mean temperatures, with very cold winters and pleasant summers.
  • This city has very poor air quality.
  • Excelsior has an average population density of 1,171.5 people per square mile.
  • Residents of Excelsior have an average daily commute time.
  • The city has a high public transportation ridership.
  • Excelsior has a very high public school quality ranking.
  • The city has a high public school safety rating.
  • This city has a very high graduation rate of 97.22%.

Excelsior is a small city in Hennepin County, Minnesota. It is part of the Minneapolis-St. Paul-Bloomington metro statistical area. The surrounding statistical area is home to 2,601,007 people, but there are 17,524 living inside the city itself. People 55 and over represent approximately 28% of the total community.

Excelsior has an above average SeniorScore™ of 74. The city has a median per capita income of $61,000 and a median household income is $106,000 (the Minnesota state average is $53,000). The current unemployment rate is approximately 4.55% and the median home price is $654,000, which is much more than the Minnesota average of $211,500.

Excelsior has very harsh average temperatures, with very cold winters and pleasant summers. The city gets low amounts of rainfall annually. Excelsior has very poor air quality ratings in relation to similarly-sized cities.

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