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

Manufacturing Businesses

Manufacturing Businesses SVG Graphic

Businesses

191

Employed

9,033

Retail Trade Businesses

Retail Trade Businesses SVG Graphic

Businesses

613

Employed

7,888

HealthCare/Social Assist

HealthCare/Social Assist SVG Graphic

Businesses

356

Employed

5,895

Public Administration

Public Administration SVG Graphic

Businesses

228

Employed

4,658

Educational Services - Businesses

Educational Services - Businesses SVG Graphic

Businesses

119

Employed

4,474

Finance/Insurance Businesses

Finance/Insurance Businesses SVG Graphic

Businesses

264

Employed

4,240

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