Arrowhead Electric Cooperative, Inc

Arrowhead Electric Cooperative, Inc. (AECI) was formed in 1953 after the Lutsen Light & Power Company closed its doors. Since 1953, AECI has been dedicated to fulfilling its mission and serving members.

AECI serves more than 4,000 members in Cook County and part of Lake County. This requires AECI to operate and maintain over 375 miles of overhead distribution line and 190 miles of underground distribution line.

Population

Total Population

4,377

Population
Growth Rate

-0.05%

Median Age

53

Diversity Index

34.600

Housing & Income

Households

2,113

Total Housing Units

3,876


Owner Occupied

1,648

Renter Occupied

465

Vacant

1,763

Median Home Value

$292,170


Average Home Value

$328,608

Income
Growth Rate

Median
Household Income

0.00%


Per Capita Income

2.48%

Income Projection

Median Household

$61,480 $67,085


Average Household

$85,908 $96,300


Per Capita

$41,475 $46,882

Workforce

Total Businesses

305

Total Employed

2,860

Workers 16+

2,155

2023 Accommodation / Food Service

cp-industries

Businesses

54

Employed

629

2023 Accommodation Businesses

cp-industries

Businesses

40

Employed

413

2023 HealthCare / Social Assistance

cp-industries

Businesses

22

Employed

411

2023 Public Administration

cp-industries

Businesses

35

Employed

395

2023 Arts / Entertainment / Rec

cp-industries

Businesses

16

Employed

363

2023 Retail Trade Businesses

cp-industries

Businesses

46

Employed

321

Some
High School

88

Graduated
High School

657

Associates
Degree

355

Bachelor's
Degree

922

Graduate
Degree

620

Average Commute Time

0 min.



Resident Commuters

2,071

Non-Resident Commuters

71

Drive Alone

1,441

Carpooled

213

Public

38

Work At Home

253