State Demographics

Arrowhead Electric Cooperative, Inc. (AECI) was formed in 1953 after the Lutsen Light & Power Company closed its doors. Since 1953, AECI has been dedicated to fulfilling its mission and serving members.

AECI serves more than 4,000 members in Cook County and part of Lake County. This requires AECI to operate and maintain over 375 miles of overhead distribution line and 190 miles of underground distribution line.

Arrowhead Electric Cooperative, Inc

Population

Total Population

4,493

Population
Growth Rate

0.94%

Median Age

52

Diversity Index

30.300

Housing & Income

Households

2,156

Total Housing Units

4,100


Owner Occupied

1,745

Renter Occupied

411

Vacant

1,944

Median Home Value

$285,507


Average Home Value

$321,091

Income
Growth Rate

Median
Household Income

1.06%


Per Capita Income

1.71%

Income Projection

Median Household

$55,995 $58,297


Average Household

$72,244 $78,316


Per Capita

$34,777 $37,859

Workforce

Total Businesses

326

Total Employed

3,354

Workers 16+

1,953

2021 Arts/Entertainment/Rec

cp-industries

Businesses

16

Employed

788

2021 Accommodation/Food Service

cp-industries

Businesses

59

Employed

619

2021 HealthCare/Social Assist

cp-industries

Businesses

23

Employed

433

2021 Accommodation Businesses

cp-industries

Businesses

44

Employed

402

2021 Retail Trade Businesses

cp-industries

Businesses

50

Employed

301

2021 Public Administration

cp-industries

Businesses

34

Employed

299

Some
High School

76

Graduated
High School

731

Associates
Degree

390

Bachelor's
Degree

1,053

Graduate
Degree

488

Average Commute Time

0 min.



Resident Commuters

1,888

Non-Resident Commuters

57

Drive Alone

1,305

Carpooled

197

Public

18

Work At Home

133