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

Population2000201020192024
Minnesota Valley Electric Cooperative211,605278,874315,278337,531

Source: ESRI, 2019-08-30

Population by Age

Population201020192024
0-421,05421,54923,328
5-923,69423,65824,602
10-1423,47824,75525,079
15-1919,14420,91421,894
20-2411,76715,60815,243
25-2916,02219,18818,710
30-3418,65319,94824,996
35-3920,91923,34824,920
40-4423,57122,27524,994
45-4925,36222,15821,553
50-5421,84922,46621,437
55-5916,82923,08821,166
60-6412,24618,59421,198
65-698,26013,98817,263
70-745,72310,01512,999
75-794,1686,1248,814
80-843,0823,7114,975
85+3,0533,8914,359
18+197,070231,538250,088
Median Age363838

Source: ESRI, 2019-08-30

Population by Race

Minnesota Valley Electric Cooperative2019
Total315,278.000
White Alone87.030
Black Alone3.030
American Indian Alone0.540
Asian Alone4.970
Pacific Islander Alone0.040
Some Other Race2.050
Two or More Races2.350
Hispanic Origin4.770
Diversity Index30.800

Source: ESRI, 2019-08-30

Growth Rate

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

Source: ESRI, 2019-08-30

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Housing
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Households

Population2000201020192024
Households74,770100,490112,640120,228
Housing Units77,467106,336118,002125,748
Owner Occupied Units94,417101,241
Renter Occupied Units18,22318,988
Vacant Units5,3625,520

Source: ESRI, 2019-08-30

Home Value

Minnesota Valley Electric Cooperative20192024
Median Home Value$326,366$370,479
Average Home Value$384,336$421,894
<$50,0001,302543
$50,000 - $99,9991,257263
$100,000 - $149,9992,946373
$150,000 - $199,9998,4774,180
$200,000 - $249,99912,70710,160
$250,000 - $299,99914,43414,830
$300,000 - $399,99923,08128,763
$400,000 - $499,99914,16220,261
$500,000 - $749,99910,85716,413
$1,000,000 +1,3281,004

Source: ESRI, 2019-08-30

Housing Year Built

Year RangeHouses Built
2010 or Later3,910
2000-200930,298
1990-199923,240
1980-198916,679
1970-197913,730
1960-19696,824
1950-19594,700
1940-19491,972
1939 or Before9,258

Source: ESRI, 2019-08-30

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Income
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Income

Minnesota Valley Electric Cooperative20192024
Median Household$102,841$112,003
Average Household$129,301$144,501
Per Capita$46,235$51,515

Source: ESRI, 2019-08-30

Household Income Base

Minnesota Valley Electric Cooperative2019
<$15,0004,700
$15,000 - $24,9993,710
$25,000 - $34,9994,304
$35,000 - $49,9999,046
$50,000 - $74,99916,405
$75,000 - $99,99915,723
$100,000 - $149,99926,888
$150,000 - $199,99913,951
$200,000+17,913

Source: ESRI, 2019-08-30

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Employees
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Commute

CategoryCommuters
Workers 16+161,611
In-County Residents76,552
Out-of-County Residents83,583
Drive Alone133,548
Carpooled11,336
Public Transport2,897
Work at Home10,121
Less than 5 minutes4,462
5-9 minutes14,551
10-14 minutes17,095
15-19 minutes18,274
20-24 minutes22,598
25-29 minutes13,392
30-34 minutes21,977
35-39 minutes7,523
40-44 minutes8,275
45-59 minutes14,774
60-89 minutes6,480
90+ minutes2,091
Average Travel Time0

Source: ESRI, 2019-08-30

Source: ESRI, 2019-08-30

Employees by NAICS

CategoryNumber
Total Employees131,232
Agr/Forestry/Fish/Hunt270
Mining8
Utilities99
Construction7,324
Manufacturing16,954
Wholesale Trade6,104
  
Retail Trade12,198
Motor Veh/Parts Dealers2,111
Furn & Home Furnish Str360
Electronics & Appl Store530
Bldg Matl/Garden Equip1,416
Food & Beverage Stores3,125
Health/Pers Care Stores640
Gasoline Stations353
Clothing/Accessory Store313
Sports/Hobby/Book/Music394
General Merchandise Str1,742
Misc Store Retailers801
Nonstore Retailers414
  
Transportation/Warehouse2,070
Information1,759
  
Finance & Insurance2,687
Cntrl Bank/Crdt Intrmdtn1,161
Sec/Cmdty Cntrct/Oth Inv656
Insur/Funds/Trusts/Other870
  
Real Estate/Rent/Leasing2,080
Prof/Scientific/Tech Srv8,297
Legal Services463
Mgmt of Comp/Enterprises89
Admin/Support/Waste Mgmt2,349
Educational Services11,593
HealthCare/Social Assist12,723
Arts/Entertainment/Rec21,942
  
Accommodation/Food Srvcs8,550
Accommodation898
Food Srv/Drinking Places7,652
  
Other Srv excl Pub Admin5,945
Auto Repair/Maintenance906
Public Administration Emp7,810

Source: ESRI, 2019-08-30

Educational Attainment (25+)

Minnesota Valley Electric Cooperative2019
Some High School4,987
Graduated High School37,887
Associates Degree23,410
Bachelor's Degree65,889
Graduate Degree31,118

Source: ESRI, 2019-08-30

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Businesses
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Businesses by NAICS

CategoryNumber
Total Businesses8,554
Agr/Forestry/Fish/Hunt Bus89
Mining Bus3
Utilities Bus12
Construction Bus926
Manufacturing Bus412
Wholesale Trade Bus311
  
Retail Trade Bus1,011
Motor Veh/Parts Dealers Bus146
Furn & Home Furnish Str Bus60
Electronics & Appl Store Bus57
Bldg Matl/Garden Equip Bus103
Food & Beverage Stores Bus159
Health/Pers Care Stores Bus80
Gasoline Stations Bus33
Clothing/Accessory Store Bus65
Sports/Hobby/Book/Music Bus61
General Merchandise Str Bus49
Misc Store Retailers Bus155
Nonstore Retailers Bus43
  
Transportation/Warehouse Bus170
Information Bus191
  
Finance & Insurance Bus481
Cntrl Bank/Crdt Intrmdtn Bus120
Sec/Cmdty Cntrct/Oth Inv Bus156
Insur/Funds/Trusts/Other Bus204
  
Real Estate/Rent/Leasing Bus419
Prof/Scientific/Tech Srv Bus764
Legal Services Bus98
Mgmt of Comp/Enterprises Bus12
Admin/Support/Waste Mgmt Bus356
Educational Services Bus263
HealthCare/Social Assist Bus632
Arts/Entertainment/Rec Bus250
  
Accommodation/Food Srvcs Bus489
Accommodation Bus49
Food Srv/Drinking Places Bus439
  
Other Srv excl Pub Admin Bus916
Auto Repair/Maintenance Bus174
Public Administration Bus286

Source: ESRI, 2019-08-30

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