Steele-Waseca Cooperative Electric

Steele-Waseca Cooperative Electric

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

123,753

Population
Growth Rate

0.11%

Median Age

40

Diversity Index

46.300

Source: ESRI, 2026-08-31

Housing & Income

Households

46,594

Total Housing Units

49,744


Owner Occupied

34,654

Renter Occupied

11,940

Vacant

3,150

Median Home Value

$317,156


Average Home Value

$361,117

Income
Growth Rate

Median
Household Income

0.00%


Per Capita Income

2.37%

Income Projection

Median Household

$87,137 $101,470


Average Household

$105,767 $118,177


Per Capita

$40,460 $45,494

Source: ESRI, 2026-08-31

Workforce

Total Businesses

4,654

Total Employed

64,039

Workers 16+

59,539

2026 Manufacturing Businesses

cp-industries

Businesses

212

Employed

9,280

2026 Retail Trade Businesses

cp-industries

Businesses

565

Employed

7,515

2026 HealthCare / Social Assistance

cp-industries

Businesses

444

Employed

7,070

2026 Educational Services - Businesses

cp-industries

Businesses

154

Employed

6,414

2026 Public Administration

cp-industries

Businesses

252

Employed

5,286

2026 Wholesale Trade Businesses

cp-industries

Businesses

128

Employed

4,322

Some
High School

3,293

Graduated
High School

22,264

Associates
Degree

11,101

Bachelor's
Degree

15,424

Graduate
Degree

8,010

Average Commute Time

0 min.



Resident Commuters

41,808

Non-Resident Commuters

17,468

Drive Alone

43,826

Carpooled

5,022

Public

259

Work At Home

5,895

Source: ESRI, 2026-08-31