Steele-Waseca Cooperative Electric

Steele-Waseca Cooperative Electric Main Photo

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.

Population

Total Population

123,289

Population
Growth Rate

0.13%

Median Age

40

Diversity Index

45.500

Source: ESRI, 2025-08-25

Housing & Income

Households

46,216

Total Housing Units

49,293


Owner Occupied

34,530

Renter Occupied

11,686

Vacant

3,077

Median Home Value

$310,538


Average Home Value

$354,449

Income
Growth Rate

Median
Household Income

0.00%


Per Capita Income

1.88%

Income Projection

Median Household

$81,860 $91,257


Average Household

$99,736 $108,797


Per Capita

$37,675 $41,357

Source: ESRI, 2025-08-25

Workforce

Total Businesses

4,591

Total Employed

63,327

Workers 16+

59,715

2025 Retail Trade Businesses

cp-industries

Businesses

565

Employed

8,278

2025 Manufacturing Businesses

cp-industries

Businesses

204

Employed

8,139

2025 HealthCare / Social Assistance

cp-industries

Businesses

448

Employed

7,160

2025 Educational Services - Businesses

cp-industries

Businesses

151

Employed

6,462

2025 Public Administration

cp-industries

Businesses

249

Employed

5,422

2025 Finance / Insurance Businesses

cp-industries

Businesses

245

Employed

4,152

Some
High School

3,072

Graduated
High School

23,267

Associates
Degree

11,223

Bachelor's
Degree

15,679

Graduate
Degree

8,471

Average Commute Time

0 min.



Resident Commuters

42,157

Non-Resident Commuters

17,242

Drive Alone

44,034

Carpooled

5,201

Public

305

Work At Home

6,219

Source: ESRI, 2025-08-25