Steele-Waseca Cooperative Electric was formed on October 10, 1936, when Waseca Cooperative Electric and Steele County Cooperative Electric were merged into one organization with a combined membership of 860.

Since its beginning, the cooperative has grown steadily to its present membership of more than 8,000. A growing membership and increased loads created the need for power, lines and facilities. Today, SWCE has more than 1,900 miles of line and 16 substations for its 900-square-mile service territory.

Steele-Waseca Cooperative Electric

Population

Total Population

123,330

Population
Growth Rate

0.37%

Median Age

38

Diversity Index

33.900

Housing & Income

Households

45,885

Total Housing Units

49,651


Owner Occupied

33,962

Renter Occupied

11,923

Vacant

3,766

Median Home Value

$184,094


Average Home Value

$220,093

Income
Growth Rate

Median
Household Income

0.48%


Per Capita Income

2.44%

Income Projection

Median Household

$61,004 $68,497


Average Household

$78,901 $88,842


Per Capita

$29,479 $33,256

Workforce

Total Businesses

4,403

Total Employed

58,022

Workers 16+

60,676

AG/Forestry/Fish/Hunting

Businesses

106

Employed

583

Mining

Businesses

4

Employed

15

Utilities

Businesses

10

Employed

217

Construction

Businesses

384

Employed

2,842

Manufacturing

Businesses

191

Employed

9,033

Wholesale Trade

Businesses

141

Employed

3,189

Some
High School

3,808

Graduated
High School

23,078

Associates
Degree

9,501

Bachelor's
Degree

14,066

Graduate
Degree

7,707

Average Commute Time

0 min.



Resident Commuters

42,241

Non-Resident Commuters

18,136

Drive Alone

47,312

Carpooled

4,606

Public

407

Work At Home

5,766