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

121,933

Population
Growth Rate

0.32%

Median Age

38

Diversity Index

32.000

Housing & Income

Households

45,295

Total Housing Units

49,260


Owner Occupied

34,003

Render Occupied

11,292

Vacant

3,965

Median Home Value

$181,042


Average Home Value

$214,645

Income
Growth Rate

Median
Household Income

0.43%


Per Capita Income

3.19%

Income Projection

Median Household

$62,800 $72,327


Average Household

$79,168 $92,729


Per Capita

$30,131 $35,255

Workforce

Total Businesses

4,611

Total Employed

63,199

Workers 16+

59,837

AG/Forestry/Fish/Hunting

Businesses

139

Employed

642

Mining

Businesses

3

Employed

12

Utilities

Businesses

10

Employed

200

Construction

Businesses

427

Employed

3,078

Manufacturing

Businesses

196

Employed

11,152

Wholesale Trade

Businesses

163

Employed

4,550

Some
High School

4,114

Graduated
High School

22,774

Associates
Degree

8,565

Bachelor's
Degree

14,351

Graduate
Degree

7,117

Average Commute Time

0 min.



Resident Commuters

42,158

Non-Resident Commuters

17,243

Drive Alone

46,472

Carpooled

4,638

Public

405

Work At Home

5,483