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

315,278

Population
Growth Rate

1.34%

Median Age

38

Diversity Index

30.800

Housing & Income

Households

112,640

Total Housing Units

118,002


Owner Occupied

94,417

Renter Occupied

18,223

Vacant

5,362

Median Home Value

$326,366


Average Home Value

$384,336

Income
Growth Rate

Median
Household Income

1.24%


Per Capita Income

2.19%

Income Projection

Median Household

$102,841 $112,003


Average Household

$129,301 $144,501


Per Capita

$46,235 $51,515

Workforce

Total Businesses

8,554

Total Employed

131,232

Workers 16+

161,611

Arts/Entertainment/Rec

Arts/Entertainment/Rec SVG Graphic

Businesses

250

Employed

21,942

Manufacturing Businesses

Manufacturing Businesses SVG Graphic

Businesses

412

Employed

16,954

HealthCare/Social Assist

HealthCare/Social Assist SVG Graphic

Businesses

632

Employed

12,723

Retail Trade Businesses

Retail Trade Businesses SVG Graphic

Businesses

1,011

Employed

12,198

Educational Services - Businesses

Educational Services - Businesses SVG Graphic

Businesses

263

Employed

11,593

Accommodation/Food Service

Accommodation/Food Service SVG Graphic

Businesses

489

Employed

8,550

Some
High School

4,987

Graduated
High School

37,887

Associates
Degree

23,410

Bachelor's
Degree

65,889

Graduate
Degree

31,118

Average Commute Time

0 min.



Resident Commuters

76,552

Non-Resident Commuters

83,583

Drive Alone

133,548

Carpooled

11,336

Public

2,897

Work At Home

10,121