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.

Population
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Population

Population2000201020182023
Minnesota Valley Electric Cooperative211,605278,874308,238330,937

Source: ESRI, 2018-05-22

Population by Age

Population201020182023
0-421,05420,90422,237
5-923,69423,92224,228
10-1423,47825,50126,105
15-1919,14421,18422,971
20-2411,76715,76615,360
25-2916,02216,28117,413
30-3418,65318,78021,612
35-3920,91922,29724,124
40-4423,57122,58924,634
45-4925,36223,22222,237
50-5421,84924,01222,707
55-5916,82922,23422,477
60-6412,24617,32520,556
65-698,26013,01816,185
70-745,7238,70712,096
75-794,1685,3927,709
80-843,0823,4074,279
85+3,0533,6984,008
18+197,070224,001243,245
Median Age363838

Source: ESRI, 2018-05-22

Population by Race

Minnesota Valley Electric Cooperative2018
Total308,238.000
White Alone87.960
Black Alone2.520
American Indian Alone0.520
Asian Alone4.780
Pacific Islander Alone0.040
Some Other Race1.940
Two or More Races2.240
Hispanic Origin4.540
Diversity Index29.100

Source: ESRI, 2018-05-22

Growth Rate

Minnesota Valley Electric Cooperative2010 - 20142014 - 2019
Population1%1%
Households1%1%
Families1%1%
Median Household Income%2%
Per Capita Income%2%

Source: ESRI, 2018-05-22

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Housing
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Households

Population2000201020182023
Households74,770100,490110,537118,425
Housing Units77,467106,336116,288124,621
Owner Occupied Units90,96697,516
Renter Occupied Units19,57120,909
Vacant Units5,7516,196

Source: ESRI, 2018-05-22

Home Value

Minnesota Valley Electric Cooperative20182023
Median Home Value$299,992$341,116
Average Home Value$361,322$401,952
<$50,0001,7551,120
$50,000 - $99,9991,7791,197
$100,000 - $149,9996,2184,540
$150,000 - $199,99911,0418,382
$200,000 - $249,99911,87210,152
$250,000 - $299,99912,82013,601
$300,000 - $399,99919,02523,751
$400,000 - $499,99911,04114,562
$500,000 - $749,9999,44211,993
$1,000,000 +2,7463,916

Source: ESRI, 2018-05-22

Housing Year Built

Year RangeHouses Built
2010 or Later2,422
2000-200930,727
1990-199923,172
1980-198916,218
1970-197913,847
1960-19696,315
1950-19595,024
1940-19492,001
1939 or Before9,380

Source: ESRI, 2018-05-22

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Income
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Income

Minnesota Valley Electric Cooperative20182023
Median Household$91,437$101,262
Average Household$118,264$132,639
Per Capita$42,596$47,641

Source: ESRI, 2018-05-22

Household Income Base

Minnesota Valley Electric Cooperative2018
<$15,0004,396
$15,000 - $24,9995,656
$25,000 - $34,9995,735
$35,000 - $49,9999,897
$50,000 - $74,99917,761
$75,000 - $99,99916,457
$100,000 - $149,99923,992
$150,000 - $199,99912,747
$200,000+13,895

Source: ESRI, 2018-05-22

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Employees
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Commute

CategoryCommuters
Workers 16+155,028
In-County Residents72,787
Out-of-County Residents80,761
Drive Alone128,488
Carpooled10,703
Public Transport2,693
Work at Home9,356
Less than 5 minutes4,781
5-9 minutes13,958
10-14 minutes16,363
15-19 minutes17,381
20-24 minutes21,680
25-29 minutes12,708
30-34 minutes22,141
35-39 minutes7,294
40-44 minutes7,775
45-59 minutes13,497
60-89 minutes6,138
90+ minutes1,955
Average Travel Time0

Source: ESRI, 2018-05-22

Source: ESRI, 2018-05-22

Employees by NAICS

CategoryNumber
Total Employees127,395
Agr/Forestry/Fish/Hunt393
Mining4
Utilities179
Construction6,308
Manufacturing15,574
Wholesale Trade6,398
  
Retail Trade12,613
Motor Veh/Parts Dealers2,202
Furn & Home Furnish Str310
Electronics & Appl Store660
Bldg Matl/Garden Equip1,456
Food & Beverage Stores2,972
Health/Pers Care Stores793
Gasoline Stations419
Clothing/Accessory Store311
Sports/Hobby/Book/Music357
General Merchandise Str2,076
Misc Store Retailers942
Nonstore Retailers116
  
Transportation/Warehouse2,445
Information2,454
  
Finance & Insurance2,398
Cntrl Bank/Crdt Intrmdtn1,142
Sec/Cmdty Cntrct/Oth Inv427
Insur/Funds/Trusts/Other828
  
Real Estate/Rent/Leasing2,114
Prof/Scientific/Tech Srv6,612
Legal Services507
Mgmt of Comp/Enterprises90
Admin/Support/Waste Mgmt2,331
Educational Services11,926
HealthCare/Social Assist12,115
Arts/Entertainment/Rec21,655
  
Accommodation/Food Srvcs8,185
Accommodation781
Food Srv/Drinking Places7,404
  
Other Srv excl Pub Admin5,330
Auto Repair/Maintenance825
Public Administration Emp8,085

Source: ESRI, 2018-05-22

Educational Attainment (25+)

Minnesota Valley Electric Cooperative2018
Some High School5,509
Graduated High School38,075
Associates Degree22,718
Bachelor's Degree61,131
Graduate Degree27,508

Source: ESRI, 2018-05-22

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Businesses
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Businesses by NAICS

CategoryNumber
Total Businesses8,704
Agr/Forestry/Fish/Hunt Bus134
Mining Bus2
Utilities Bus15
Construction Bus1,003
Manufacturing Bus397
Wholesale Trade Bus324
  
Retail Trade Bus1,079
Motor Veh/Parts Dealers Bus138
Furn & Home Furnish Str Bus63
Electronics & Appl Store Bus76
Bldg Matl/Garden Equip Bus121
Food & Beverage Stores Bus166
Health/Pers Care Stores Bus86
Gasoline Stations Bus36
Clothing/Accessory Store Bus66
Sports/Hobby/Book/Music Bus64
General Merchandise Str Bus46
Misc Store Retailers Bus170
Nonstore Retailers Bus45
  
Transportation/Warehouse Bus203
Information Bus195
  
Finance & Insurance Bus449
Cntrl Bank/Crdt Intrmdtn Bus122
Sec/Cmdty Cntrct/Oth Inv Bus130
Insur/Funds/Trusts/Other Bus198
  
Real Estate/Rent/Leasing Bus435
Prof/Scientific/Tech Srv Bus800
Legal Services Bus107
Mgmt of Comp/Enterprises Bus11
Admin/Support/Waste Mgmt Bus387
Educational Services Bus273
HealthCare/Social Assist Bus615
Arts/Entertainment/Rec Bus239
  
Accommodation/Food Srvcs Bus467
Accommodation Bus55
Food Srv/Drinking Places Bus412
  
Other Srv excl Pub Admin Bus908
Auto Repair/Maintenance Bus178
Public Administration Bus301

Source: ESRI, 2018-05-22

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