Total Population
321,260
Population
Growth Rate
1.27%
Median Age
38
Diversity Index
32.500
State Demographics
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.
Minnesota Valley Electric Cooperative
Population
Housing & Income
Households
115,212
Total Housing Units
120,941
Owner Occupied
97,162
Renter Occupied
18,049
Vacant
5,729
Median Home Value
$358,517
Average Home Value
$414,945
Income
Growth Rate
Median
Household Income
1.22%
Per Capita Income
2.00%
Income Projection
Median Household
$104,870 $113,239
Average Household
$134,485 $148,791
Per Capita
$48,267 $53,297
Workforce
Total Businesses
8,555
Total Employed
130,400
Workers 16+
165,832
2021 Arts/Entertainment/Rec
Businesses
261
Employed
18,049
2021 Manufacturing Businesses
Businesses
403
Employed
15,658
2021 HealthCare/Social Assist
Businesses
682
Employed
13,109
2021 Retail Trade Businesses
Businesses
1,054
Employed
12,709
2021 Educational Services - Businesses
Businesses
279
Employed
12,504
2021 Prof/Scientific/Tech Service
Businesses
739
Employed
8,926
Some
High School
4,686
Graduated
High School
37,947
Associates
Degree
24,779
Bachelor's
Degree
69,616
Graduate
Degree
31,594
Average Commute Time
0 min.
Resident Commuters
79,876
Non-Resident Commuters
84,658
Drive Alone
135,943
Carpooled
11,130
Public
3,214
Work At Home
12,225
Tom Lambrecht