Arrowhead Electric Cooperative, Inc

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.

Housing & Income

Households

2,123

Total Housing Units

3,799


Owner Occupied

1,627

Renter Occupied

496

Vacant

1,676

Median Home Value

$352,730


Average Home Value

$424,048

Income
Growth Rate

Median
Household Income

0.00%


Per Capita Income

2.56%

Income Projection

Median Household

$67,291 $76,260


Average Household

$94,194 $107,225


Per Capita

$45,277 $51,374

Source: ESRI, 2024-09-25

Workforce

Total Businesses

310

Total Employed

2,609

Workers 16+

2,133

2024 Accommodation / Food Service

cp-industries

Businesses

55

Employed

461

2024 Public Administration

cp-industries

Businesses

33

Employed

379

2024 Arts / Entertainment / Rec

cp-industries

Businesses

15

Employed

353

2024 HealthCare / Social Assistance

cp-industries

Businesses

23

Employed

346

2024 Retail Trade Businesses

cp-industries

Businesses

40

Employed

288

2024 Accommodation Businesses

cp-industries

Businesses

38

Employed

248

Some
High School

65

Graduated
High School

675

Associates
Degree

341

Bachelor's
Degree

974

Graduate
Degree

635

Average Commute Time

0 min.



Resident Commuters

2,064

Non-Resident Commuters

62

Drive Alone

1,303

Carpooled

197

Public

26

Work At Home

352

Source: ESRI, 2024-09-25