Total Population
338,061
Population
Growth Rate
0.78%
Median Age
40
Diversity Index
41.600
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.
Total Population
338,061
Population
Growth Rate
0.78%
Median Age
40
Diversity Index
41.600
Households
124,311
Total Housing Units
131,108
Owner Occupied
100,775
Renter Occupied
23,536
Vacant
6,797
Median Home Value
$479,507
Average Home Value
$552,265
Income
Growth Rate
Median
Household Income
0.00%
Per Capita Income
2.36%
Median Household
$130,756 $151,151
Average Household
$170,315 $189,791
Per Capita
$62,875 $70,661
Total Businesses
9,004
Total Employed
121,643
Workers 16+
176,336
2026 Manufacturing Businesses
Businesses
440
Employed
19,595
2026 HealthCare / Social Assistance
Businesses
814
Employed
13,379
2026 Educational Services - Businesses
Businesses
297
Employed
11,848
2026 Retail Trade Businesses
Businesses
984
Employed
10,506
2026 Arts / Entertainment / Rec
Businesses
285
Employed
9,111
2026 Public Administration
Businesses
295
Employed
8,746
Some
High School
4,838
Graduated
High School
38,354
Associates
Degree
30,512
Bachelor's
Degree
73,920
Graduate
Degree
35,815
Average Commute Time
0 min.
Resident Commuters
102,387
Non-Resident Commuters
72,996
Drive Alone
120,507
Carpooled
10,796
Public
1,331
Work At Home
39,133
Cooperative electricity isn’t profit-driven, it’s people-driven. As an electric cooperative member-owner, you have a voice and a vote in how your electric provider serves you and your business. When you’re a cooperative member, you’re not just a number on a bill, you’re a member of a community. And by working with Great River Energy, you will be part of a nationwide alliance made of more than 600 local, consumer-owned electric cooperatives in 46 states. Touchstone Energy co-ops deliver power and energy solutions to more than 40 million members every day.

Tom Lambrecht
Manager, Economic Development Services
Great River Energy
763-445-6105
Email Tom