Dakota Electric Association

Dakota County Electric Cooperative was founded in 1937 by a group of farmers, with the help of the Rural Electric Association. On April 5, 1937, articles were adopted and Dakota Electric was incorporated. On Monday, Feb. 21, 1938, the lights came on in rural Dakota County. At that time, Dakota County Electric Cooperative covered 240 miles and served 800 members.

In July 1969, Dakota County Electric Cooperative was renamed to what is known today as Dakota Electric Association. Dakota Electric has grown considerably since its humble beginnings, now covering 507 miles and serving more than 95,000 members. Because Dakota County cities are growing rapidly, Dakota Electric Association acquires approximately 2,200 new members each year.

Population

Total Population

480,606

Population
Growth Rate

0.59%

Median Age

39

Diversity Index

53.200

Source: ESRI, 2024-09-25

Housing & Income

Households

183,386

Total Housing Units

190,108


Owner Occupied

134,646

Renter Occupied

48,740

Vacant

6,722

Median Home Value

$409,129


Average Home Value

$446,301

Income
Growth Rate

Median
Household Income

0.00%


Per Capita Income

2.70%

Income Projection

Median Household

$102,377 $113,610


Average Household

$133,657 $151,949


Per Capita

$51,121 $58,399

Source: ESRI, 2024-09-25

Workforce

Total Businesses

13,848

Total Employed

218,758

Workers 16+

249,529

2024 Retail Trade Businesses

cp-industries

Businesses

1,727

Employed

30,707

2024 Manufacturing Businesses

cp-industries

Businesses

617

Employed

23,930

2024 HealthCare / Social Assistance

cp-industries

Businesses

1,419

Employed

21,450

2024 Accommodation / Food Service

cp-industries

Businesses

911

Employed

18,551

2024 Educational Services - Businesses

cp-industries

Businesses

419

Employed

17,345

2024 Prof / Scientific / Tech Service

cp-industries

Businesses

1,324

Employed

16,443

Some
High School

7,575

Graduated
High School

59,160

Associates
Degree

42,907

Bachelor's
Degree

99,994

Graduate
Degree

47,023

Average Commute Time

0 min.



Resident Commuters

137,766

Non-Resident Commuters

108,759

Drive Alone

181,129

Carpooled

18,561

Public

5,317

Work At Home

38,710

Source: ESRI, 2024-09-25