Total Population
123,187
Population
Growth Rate
0.30%
Median Age
39
Diversity Index
36.100
State Demographics
Steele-Waseca Cooperative Electric was formed on October 10, 1936, when Waseca Cooperative Electric and Steele County Cooperative Electric were merged into one organization with a combined membership of 860.
Since its beginning, the cooperative has grown steadily to its present membership of more than 8,000. A growing membership and increased loads created the need for power, lines and facilities. Today, SWCE has more than 1,900 miles of line and 16 substations for its 900-square-mile service territory.
Steele-Waseca Cooperative Electric
Population
Housing & Income
Households
46,087
Total Housing Units
50,113
Owner Occupied
34,563
Renter Occupied
11,524
Vacant
4,026
Median Home Value
$211,569
Average Home Value
$240,679
Income
Growth Rate
Median
Household Income
0.43%
Per Capita Income
1.92%
Income Projection
Median Household
$68,112 $75,431
Average Household
$84,932 $93,108
Per Capita
$31,969 $35,158
Workforce
Total Businesses
4,383
Total Employed
60,215
Workers 16+
60,524
2021 Manufacturing Businesses
Businesses
182
Employed
8,633
2021 Retail Trade Businesses
Businesses
634
Employed
8,190
2021 HealthCare/Social Assist
Businesses
384
Employed
6,615
2021 Educational Services - Businesses
Businesses
119
Employed
5,426
2021 Public Administration
Businesses
238
Employed
4,630
2021 Other Service excl Pub Admin
Businesses
620
Employed
4,369
Some
High School
3,842
Graduated
High School
23,326
Associates
Degree
9,978
Bachelor's
Degree
15,022
Graduate
Degree
7,779
Average Commute Time
0 min.
Resident Commuters
41,828
Non-Resident Commuters
18,355
Drive Alone
47,183
Carpooled
4,691
Public
295
Work At Home
6,125
Tom Lambrecht