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

Total Population

123,187

Population
Growth Rate

0.30%

Median Age

39

Diversity Index

36.100

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

cp-industries

Businesses

182

Employed

8,633

2021 Retail Trade Businesses

cp-industries

Businesses

634

Employed

8,190

2021 HealthCare/Social Assist

cp-industries

Businesses

384

Employed

6,615

2021 Educational Services - Businesses

cp-industries

Businesses

119

Employed

5,426

2021 Public Administration

cp-industries

Businesses

238

Employed

4,630

2021 Other Service excl Pub Admin

cp-industries

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