Total Population
331,003
Population
Growth Rate
0.97%
Median Age
40
Diversity Index
40.600
Source: ESRI, 2024-09-25
Minnesota Valley Electric Cooperative
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
Housing & Income
Households
120,044
Total Housing Units
126,027
Owner Occupied
98,042
Renter Occupied
22,002
Vacant
5,983
Median Home Value
$456,345
Average Home Value
$534,786
Income
Growth Rate
Median
Household Income
0.00%
Per Capita Income
2.48%
Income Projection
Median Household
$118,634 $133,929
Average Household
$157,541 $177,177
Per Capita
$57,210 $64,660
Source: ESRI, 2024-09-25
Workforce
Total Businesses
8,815
Total Employed
136,984
Workers 16+
171,515
2024 Manufacturing Businesses
Businesses
432
Employed
21,146
2024 Arts / Entertainment / Rec
Businesses
277
Employed
18,136
2024 HealthCare / Social Assistance
Businesses
786
Employed
13,631
2024 Educational Services - Businesses
Businesses
280
Employed
12,859
2024 Retail Trade Businesses
Businesses
968
Employed
11,397
2024 Public Administration
Businesses
294
Employed
9,405
Some
High School
4,346
Graduated
High School
37,816
Associates
Degree
28,711
Bachelor's
Degree
70,567
Graduate
Degree
35,570
Average Commute Time
0 min.
Resident Commuters
95,260
Non-Resident Commuters
75,121
Drive Alone
124,342
Carpooled
10,681
Public
2,065
Work At Home
30,653
Source: ESRI, 2024-09-25
