Minnesota Valley Electric Cooperative
Minnesota Valley Electric Cooperative (MVEC), incorporated in 1937, is a proud provider of local energy. In a day and age of ever-changing technology, MVEC can assure its members that they will continue to bring power where no one else would at a level of service no one else can deliver.
The cooperative works diligently to provide reliable, quality power at a reasonable price. And, because it is a not-for-profit organization, MVEC sells electricity to its member-owners at cost.
Population
Population
Population | 2000 | 2010 | 2023 | 2028 |
---|---|---|---|---|
Minnesota Valley Electric Cooperative | 212,655 | 280,070 | 328,378 | 341,239 |
Source: ESRI, 2023-10-17
Population by Age
Population | 2010 | 2023 | 2028 |
---|---|---|---|
0-4 | 21,135 | 21,224 | 22,542 |
5-9 | 23,812 | 24,030 | 24,412 |
10-14 | 23,572 | 26,020 | 25,413 |
15-19 | 19,196 | 22,952 | 22,477 |
20-24 | 11,834 | 16,618 | 16,304 |
25-29 | 16,142 | 18,676 | 18,554 |
30-34 | 18,777 | 19,337 | 23,670 |
35-39 | 21,012 | 23,727 | 24,168 |
40-44 | 23,680 | 24,508 | 24,999 |
45-49 | 25,483 | 21,921 | 23,682 |
50-54 | 21,903 | 23,315 | 20,698 |
55-59 | 16,839 | 22,971 | 21,357 |
60-64 | 12,278 | 20,137 | 20,295 |
65-69 | 8,307 | 15,842 | 17,989 |
70-74 | 5,739 | 11,727 | 14,224 |
75-79 | 4,186 | 7,339 | 9,954 |
80-84 | 3,101 | 4,239 | 5,855 |
85+ | 3,074 | 3,795 | 4,645 |
18+ | 197,936 | 242,143 | 254,312 |
Median Age | 36 | 38 | 39 |
Source: ESRI, 2023-10-17
Population by Race
Minnesota Valley Electric Cooperative | 2023 |
---|---|
Total | 328,378.00 |
White Alone | 81.86 |
Black Alone | 3.16 |
American Indian Alone | 0.67 |
Asian Alone | 5.51 |
Pacific Islander Alone | 0.03 |
Some Other Race | 2.63 |
Two or More Races | 6.14 |
Hispanic Origin | 5.81 |
Diversity Index | 39.60 |
Source: ESRI, 2023-10-17
Growth Rate
Minnesota Valley Electric Cooperative | 2023 - 2028 |
---|---|
Population | 0.77% |
Households | 0.84% |
Families | 0.80% |
Median Household Income | 2% |
Per Capita Income | 2% |
Source: ESRI, 2023-10-17
Back To TopHousing
Households
Population | 2000 | 2010 | 2023 | 2028 |
---|---|---|---|---|
Households | 75,116 | 100,871 | 119,025 | 124,116 |
Housing Units | 77,810 | 106,705 | 124,975 | 130,471 |
Owner Occupied Units | 100,884 | 106,156 | ||
Renter Occupied Units | 18,141 | 17,960 | ||
Vacant Units | 5,950 | 6,355 |
Source: ESRI, 2023-10-17
Home Value
Minnesota Valley Electric Cooperative | 2023 | 2028 |
---|---|---|
Median Home Value | $411,387 | $437,315 |
Average Home Value | $472,877 | $491,998 |
<$50,000 | 2,114 | 743 |
$50,000 - $99,999 | 562 | 128 |
$100,000 - $149,999 | 1,391 | 352 |
$150,000 - $199,999 | 3,296 | 503 |
$200,000 - $249,999 | 6,805 | 3,383 |
$250,000 - $299,999 | 8,120 | 6,465 |
$300,000 - $399,999 | 25,673 | 30,383 |
$400,000 - $499,999 | 21,770 | 29,800 |
$500,000 - $749,999 | 21,911 | 26,264 |
$1,000,000 + | 2,460 | 1,906 |
Source: ESRI, 2023-10-17
Housing Year Built
Year Range | Houses Built |
---|---|
2010 or Later | 11,837 |
2000-2009 | 29,246 |
1990-1999 | 23,335 |
1980-1989 | 16,861 |
1970-1979 | 12,985 |
1960-1969 | 7,090 |
1950-1959 | 5,043 |
1940-1949 | 2,217 |
1939 or Before | 9,350 |
Source: ESRI, 2023-10-17
Back To TopIncome
Income
Minnesota Valley Electric Cooperative | 2023 | 2028 |
---|---|---|
Median Household | $109,616 | $123,167 |
Average Household | $149,300 | $168,012 |
Per Capita | $54,184 | $61,166 |
Source: ESRI, 2023-10-17
Household Income Base
Minnesota Valley Electric Cooperative | 2023 |
---|---|
<$15,000 | 3,349 |
$15,000 - $24,999 | 5,019 |
$25,000 - $34,999 | 5,241 |
$35,000 - $49,999 | 8,461 |
$50,000 - $74,999 | 16,454 |
$75,000 - $99,999 | 14,601 |
$100,000 - $149,999 | 23,883 |
$150,000 - $199,999 | 17,324 |
$200,000+ | 24,689 |
Source: ESRI, 2023-10-17
Back To TopEmployees
Commute
Category | Commuters |
---|---|
Workers 16+ | 171,093 |
In-County Residents | 91,122 |
Out-of-County Residents | 78,649 |
Drive Alone | 128,899 |
Carpooled | 10,829 |
Public Transport | 2,486 |
Work at Home | 24,940 |
Less than 5 minutes | 4,343 |
5-9 minutes | 14,083 |
10-14 minutes | 16,551 |
15-19 minutes | 18,463 |
20-24 minutes | 20,957 |
25-29 minutes | 13,855 |
30-34 minutes | 21,551 |
35-39 minutes | 6,978 |
40-44 minutes | 7,744 |
45-59 minutes | 13,423 |
60-89 minutes | 6,228 |
90+ minutes | 1,976 |
Average Travel Time | 0 |
Source: ESRI, 2023-10-17
Source: ESRI, 2023-10-17
Employees by NAICS
Category | Number |
---|---|
Total Employees | 134,711 |
Agr/Forestry/Fish/Hunt | 287 |
Mining | 8 |
Utilities | 221 |
Construction | 8,376 |
Manufacturing | 18,952 |
Wholesale Trade | 7,580 |
Retail Trade | 12,415 |
Motor Veh/Parts Dealers | 2,276 |
Furn & Home Furnish Str | 333 |
Electronics & Appl Store | 314 |
Bldg Matl/Garden Equip | 1,551 |
Food & Beverage Stores | 3,685 |
Health/Pers Care Stores | 628 |
Gasoline Stations | 135 |
Clothing/Accessory Store | 306 |
Sports/Hobby/Book/Music | 1,079 |
General Merchandise Str | 2,107 |
Misc Store Retailers | 0 |
Nonstore Retailers | 0 |
Transportation/Warehouse | 2,062 |
Information | 1,601 |
Finance & Insurance | 2,568 |
Cntrl Bank/Crdt Intrmdtn | 1,083 |
Sec/Cmdty Cntrct/Oth Inv | 672 |
Insur/Funds/Trusts/Other | 812 |
Real Estate/Rent/Leasing | 1,986 |
Prof/Scientific/Tech Srv | 7,412 |
Legal Services | 536 |
Mgmt of Comp/Enterprises | 76 |
Admin/Support/Waste Mgmt | 2,116 |
Educational Services | 13,135 |
HealthCare/Social Assist | 13,037 |
Arts/Entertainment/Rec | 18,293 |
Accommodation/Food Srvcs | 8,100 |
Accommodation | 595 |
Food Srv/Drinking Places | 7,505 |
Other Srv excl Pub Admin | 6,393 |
Auto Repair/Maintenance | 680 |
Public Administration Emp | 9,587 |
Source: ESRI, 2023-10-17
Educational Attainment (25+)
Minnesota Valley Electric Cooperative | 2023 |
---|---|
Some High School | 3,920 |
Graduated High School | 36,646 |
Associates Degree | 27,673 |
Bachelor's Degree | 72,321 |
Graduate Degree | 33,410 |
Source: ESRI, 2023-10-17
Back To TopBusinesses
Businesses by NAICS
Category | Number |
---|---|
Total Businesses | 8,596 |
Agr/Forestry/Fish/Hunt Bus | 88 |
Mining Bus | 3 |
Utilities Bus | 12 |
Construction Bus | 911 |
Manufacturing Bus | 414 |
Wholesale Trade Bus | 314 |
Retail Trade Bus | 961 |
Motor Veh/Parts Dealers Bus | 143 |
Furn & Home Furnish Str Bus | 53 |
Electronics & Appl Store Bus | 41 |
Bldg Matl/Garden Equip Bus | 111 |
Food & Beverage Stores Bus | 178 |
Health/Pers Care Stores Bus | 80 |
Gasoline Stations Bus | 17 |
Clothing/Accessory Store Bus | 57 |
Sports/Hobby/Book/Music Bus | 187 |
General Merchandise Str Bus | 96 |
Misc Store Retailers Bus | 0 |
Nonstore Retailers Bus | 0 |
Transportation/Warehouse Bus | 171 |
Information Bus | 175 |
Finance & Insurance Bus | 479 |
Cntrl Bank/Crdt Intrmdtn Bus | 126 |
Sec/Cmdty Cntrct/Oth Inv Bus | 150 |
Insur/Funds/Trusts/Other Bus | 203 |
Real Estate/Rent/Leasing Bus | 378 |
Prof/Scientific/Tech Srv Bus | 731 |
Legal Services Bus | 95 |
Mgmt of Comp/Enterprises Bus | 15 |
Admin/Support/Waste Mgmt Bus | 334 |
Educational Services Bus | 288 |
HealthCare/Social Assist Bus | 712 |
Arts/Entertainment/Rec Bus | 280 |
Accommodation/Food Srvcs Bus | 501 |
Accommodation Bus | 45 |
Food Srv/Drinking Places Bus | 455 |
Other Srv excl Pub Admin Bus | 900 |
Auto Repair/Maintenance Bus | 162 |
Public Administration Bus | 298 |
Source: ESRI, 2023-10-17
Back To Top