Steele-Waseca Cooperative Electric

Steele-Waseca Cooperative Electric was formed on October 10, 1936, when Waseca Cooperative Electric and Steele County Cooperative Electric were merged into one organization with a combined membership of 860.

Since its beginning, the cooperative has grown steadily to its present membership of more than 8,000. A growing membership and increased loads created the need for power, lines and facilities. Today, SWCE has more than 1,900 miles of line and 16 substations for its 900-square-mile service territory.

Population

Total Population

122,581

Population
Growth Rate

0.06%

Median Age

39

Diversity Index

44.900

Housing & Income

Households

45,836

Total Housing Units

48,983


Owner Occupied

35,054

Renter Occupied

10,782

Vacant

3,147

Median Home Value

$254,715


Average Home Value

$288,600

Income
Growth Rate

Median
Household Income

0.00%


Per Capita Income

2.32%

Income Projection

Median Household

$70,728 $78,204


Average Household

$97,941 $109,205


Per Capita

$36,933 $41,414

Workforce

Total Businesses

4,344

Total Employed

61,620

Workers 16+

59,244

2023 Manufacturing Businesses

cp-industries

Businesses

188

Employed

8,928

2023 Retail Trade Businesses

cp-industries

Businesses

568

Employed

8,095

2023 HealthCare / Social Assistance

cp-industries

Businesses

391

Employed

6,883

2023 Educational Services - Businesses

cp-industries

Businesses

135

Employed

5,738

2023 Public Administration

cp-industries

Businesses

244

Employed

5,465

2023 Other Service excl Pub Admin

cp-industries

Businesses

615

Employed

4,627

Some
High School

3,366

Graduated
High School

22,197

Associates
Degree

10,863

Bachelor's
Degree

15,969

Graduate
Degree

8,053

Average Commute Time

0 min.



Resident Commuters

41,199

Non-Resident Commuters

17,722

Drive Alone

44,844

Carpooled

4,663

Public

317

Work At Home

6,544