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.

Minnesota Valley Electric Cooperative

Population

Total Population

308,238

Population
Growth Rate

1.39%

Median Age

38

Diversity Index

29.100

Housing & Income

Households

110,537

Total Housing Units

116,288


Owner Occupied

90,966

Renter Occupied

19,571

Vacant

5,751

Median Home Value

$299,992


Average Home Value

$361,322

Income
Growth Rate

Median
Household Income

1.32%


Per Capita Income

2.26%

Income Projection

Median Household

$91,437 $101,262


Average Household

$118,264 $132,639


Per Capita

$42,596 $47,641

Workforce

Total Businesses

8,704

Total Employed

127,395

Workers 16+

155,028

AG/Forestry/Fish/Hunting

Businesses

134

Employed

393

Mining

Businesses

2

Employed

4

Utilities

Businesses

15

Employed

179

Construction

Businesses

1,003

Employed

6,308

Manufacturing

Businesses

397

Employed

15,574

Wholesale Trade

Businesses

324

Employed

6,398

Some
High School

5,509

Graduated
High School

38,075

Associates
Degree

22,718

Bachelor's
Degree

61,131

Graduate
Degree

27,508

Average Commute Time

0 min.



Resident Commuters

72,787

Non-Resident Commuters

80,761

Drive Alone

128,488

Carpooled

10,703

Public

2,693

Work At Home

9,356