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

AG/Forestry/Fish/Hunting

Businesses

89

Employed

270

Mining

Businesses

3

Employed

8

Utilities

Businesses

12

Employed

99

Construction

Businesses

926

Employed

7,324

Manufacturing

Businesses

412

Employed

16,954

Wholesale Trade

Businesses

311

Employed

6,104

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