Lake Region Electric Cooperative

Lake Region Electric Cooperative is located in Pelican Rapids at the heart of Minnesota lake country. In 1937, friends and neighbors worked together to gain access to the benefits of electricity. A lot has changed over the years, but Lake Region's mission remains the same: to provide reliable, affordable electricity to its members.

Population

Total Population

81,520

Population
Growth Rate

0.16%

Median Age

45

Diversity Index

23.400

Source: ESRI, 2024-09-25

Housing & Income

Households

33,573

Total Housing Units

46,993


Owner Occupied

25,894

Renter Occupied

7,679

Vacant

13,420

Median Home Value

$295,309


Average Home Value

$367,589

Income
Growth Rate

Median
Household Income

0.00%


Per Capita Income

2.95%

Income Projection

Median Household

$72,758 $84,396


Average Household

$96,213 $111,095


Per Capita

$40,013 $46,276

Source: ESRI, 2024-09-25

Workforce

Total Businesses

3,675

Total Employed

38,587

Workers 16+

37,976

2024 HealthCare / Social Assistance

cp-industries

Businesses

326

Employed

6,610

2024 Manufacturing Businesses

cp-industries

Businesses

153

Employed

4,863

2024 Educational Services - Businesses

cp-industries

Businesses

88

Employed

4,301

2024 Retail Trade Businesses

cp-industries

Businesses

486

Employed

3,783

2024 Accommodation / Food Service

cp-industries

Businesses

252

Employed

2,944

2024 Other Service excl Pub Admin

cp-industries

Businesses

537

Employed

2,438

Some
High School

2,147

Graduated
High School

14,505

Associates
Degree

10,559

Bachelor's
Degree

10,843

Graduate
Degree

4,834

Average Commute Time

0 min.



Resident Commuters

27,935

Non-Resident Commuters

5,907

Drive Alone

28,752

Carpooled

3,324

Public

273

Work At Home

3,566

Source: ESRI, 2024-09-25