Lake Region Electric Cooperative

Lake Region Electric Cooperative is located in Pelican Rapids at the heart of Minnesota lake country. In 1937, friends and neighbors worked together to gain access to the benefits of electricity. A lot has changed over the years, but Lake Region's mission remains the same: to provide reliable, affordable electricity to its members.

Population

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Population

Population2000201020232028
Lake Region Electric Cooperative76,60576,74181,01881,307

Source: ESRI, 2023-10-17

Population by Age

Population201020232028
0-44,6094,1824,185
5-94,4904,4804,426
10-144,9314,6134,834
15-194,9874,4744,488
20-243,7003,9093,602
25-293,9714,2303,699
30-343,7814,2284,116
35-393,6414,1164,202
40-444,3614,2694,540
45-495,7524,3064,626
50-546,3655,1404,528
55-595,8296,0185,213
60-645,1636,7596,121
65-694,2946,5666,851
70-743,3715,2395,914
75-792,8343,6974,386
80-842,1872,3192,882
85+2,4742,4752,693
18+59,58865,03065,112
Median Age454748

Source: ESRI, 2023-10-17

Population by Race

Lake Region Electric Cooperative2023
Total81,018.00
White Alone90.62
Black Alone1.41
American Indian Alone1.00
Asian Alone0.58
Pacific Islander Alone0.05
Some Other Race1.65
Two or More Races4.68
Hispanic Origin3.69
Diversity Index23.50

Source: ESRI, 2023-10-17

Growth Rate

Lake Region Electric Cooperative2023 - 2028
Population0.07%
Households0.20%
Families0.13%
Median Household Income2%
Per Capita Income2%

Source: ESRI, 2023-10-17

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Housing

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Households

Population2000201020232028
Households29,85231,56433,48933,823
Housing Units42,39144,74446,76847,098
Owner Occupied Units26,81627,514
Renter Occupied Units6,6736,309
Vacant Units13,27913,275

Source: ESRI, 2023-10-17

Home Value

Lake Region Electric Cooperative20232028
Median Home Value$259,285$293,946
Average Home Value$313,163$336,938
<$50,0001,478963
$50,000 - $99,9991,9861,351
$100,000 - $149,9993,0362,286
$150,000 - $199,9993,0312,446
$200,000 - $249,9993,3083,437
$250,000 - $299,9993,0643,725
$300,000 - $399,9994,2095,351
$400,000 - $499,9993,0223,845
$500,000 - $749,9992,5003,008
$1,000,000 +202163

Source: ESRI, 2023-10-17

Housing Year Built

Year RangeHouses Built
2010 or Later3,687
2000-20096,924
1990-19995,786
1980-19894,693
1970-19796,852
1960-19694,435
1950-19593,734
1940-19492,327
1939 or Before7,361

Source: ESRI, 2023-10-17

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Income

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Income

Lake Region Electric Cooperative20232028
Median Household$64,703$72,285
Average Household$89,334$100,013
Per Capita$37,310$42,003

Source: ESRI, 2023-10-17

Household Income Base

Lake Region Electric Cooperative2023
<$15,0003,041
$15,000 - $24,9992,640
$25,000 - $34,9992,761
$35,000 - $49,9994,323
$50,000 - $74,9995,905
$75,000 - $99,9995,007
$100,000 - $149,9995,909
$150,000 - $199,9991,941
$200,000+1,962

Source: ESRI, 2023-10-17

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Employees

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Commute

CategoryCommuters
Workers 16+38,456
In-County Residents28,279
Out-of-County Residents5,899
Drive Alone29,697
Carpooled3,454
Public Transport277
Work at Home3,267
Less than 5 minutes2,751
5-9 minutes7,116
10-14 minutes6,322
15-19 minutes4,746
20-24 minutes3,668
25-29 minutes1,734
30-34 minutes3,380
35-39 minutes766
40-44 minutes768
45-59 minutes1,760
60-89 minutes1,365
90+ minutes813
Average Travel Time0

Source: ESRI, 2023-10-17

Source: ESRI, 2023-10-17

Employees by NAICS

CategoryNumber
Total Employees36,970
Agr/Forestry/Fish/Hunt595
Mining2
Utilities357
Construction1,770
Manufacturing4,488
Wholesale Trade1,486
  
Retail Trade3,795
Motor Veh/Parts Dealers680
Furn & Home Furnish Str89
Electronics & Appl Store37
Bldg Matl/Garden Equip664
Food & Beverage Stores760
Health/Pers Care Stores290
Gasoline Stations365
Clothing/Accessory Store84
Sports/Hobby/Book/Music316
General Merchandise Str510
Misc Store Retailers0
Nonstore Retailers0
  
Transportation/Warehouse1,136
Information1,251
  
Finance & Insurance999
Cntrl Bank/Crdt Intrmdtn561
Sec/Cmdty Cntrct/Oth Inv121
Insur/Funds/Trusts/Other317
  
Real Estate/Rent/Leasing652
Prof/Scientific/Tech Srv1,147
Legal Services243
Mgmt of Comp/Enterprises65
Admin/Support/Waste Mgmt676
Educational Services4,101
HealthCare/Social Assist6,295
Arts/Entertainment/Rec625
  
Accommodation/Food Srvcs3,012
Accommodation798
Food Srv/Drinking Places2,214
  
Other Srv excl Pub Admin2,183
Auto Repair/Maintenance245
Public Administration Emp2,262

Source: ESRI, 2023-10-17

Educational Attainment (25+)

Lake Region Electric Cooperative2023
Some High School2,205
Graduated High School14,706
Associates Degree10,242
Bachelor's Degree11,721
Graduate Degree4,728

Source: ESRI, 2023-10-17

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Businesses

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Businesses by NAICS

CategoryNumber
Total Businesses3,579
Agr/Forestry/Fish/Hunt Bus113
Mining Bus1
Utilities Bus7
Construction Bus311
Manufacturing Bus152
Wholesale Trade Bus112
  
Retail Trade Bus499
Motor Veh/Parts Dealers Bus81
Furn & Home Furnish Str Bus25
Electronics & Appl Store Bus8
Bldg Matl/Garden Equip Bus77
Food & Beverage Stores Bus81
Health/Pers Care Stores Bus35
Gasoline Stations Bus40
Clothing/Accessory Store Bus23
Sports/Hobby/Book/Music Bus88
General Merchandise Str Bus40
Misc Store Retailers Bus0
Nonstore Retailers Bus0
  
Transportation/Warehouse Bus122
Information Bus68
  
Finance & Insurance Bus211
Cntrl Bank/Crdt Intrmdtn Bus68
Sec/Cmdty Cntrct/Oth Inv Bus41
Insur/Funds/Trusts/Other Bus103
  
Real Estate/Rent/Leasing Bus126
Prof/Scientific/Tech Srv Bus171
Legal Services Bus44
Mgmt of Comp/Enterprises Bus9
Admin/Support/Waste Mgmt Bus123
Educational Services Bus87
HealthCare/Social Assist Bus305
Arts/Entertainment/Rec Bus80
  
Accommodation/Food Srvcs Bus262
Accommodation Bus104
Food Srv/Drinking Places Bus158
  
Other Srv excl Pub Admin Bus474
Auto Repair/Maintenance Bus85
Public Administration Bus230

Source: ESRI, 2023-10-17

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