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

Population2000201020242029
Lake Region Electric Cooperative76,71176,82981,52082,159

Source: ESRI, 2024-09-25

Population by Age

Population2024
0-44,646
5-95,000
10-145,060
15-195,044
20-244,035
25-293,645
30-344,408
35-394,743
40-444,674
45-494,063
50-544,439
55-595,053
60-646,210
65-696,304
70-745,107
75-793,981
80-842,573
85+2,535
18+63,801
Median Age45

Source: ESRI, 2024-09-25

Population by Race

Lake Region Electric Cooperative2024
Total81,520.00
White Alone90.66%
Black Alone1.28%
American Indian Alone1.09%
Asian Alone0.55%
Pacific Islander Alone0.06%
Some Other Race1.66%
Two or More Races4.7%
Hispanic Origin3.69%
Diversity Index23.40

Source: ESRI, 2024-09-25

Growth Rate

Lake Region Electric Cooperative2024 - 2029
Population0.16%
Households0.19%
Families0.12%
Median Household Income3%
Per Capita Income3%

Source: ESRI, 2024-09-25

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Housing

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Households

Population2000201020242029
Households29,88731,59633,57333,897
Housing Units42,48344,82246,99347,378
Owner Occupied Units25,89426,842
Renter Occupied Units7,6797,055
Vacant Units13,42013,481

Source: ESRI, 2024-09-25

Home Value

Lake Region Electric Cooperative20242029
Median Home Value$295,309$322,300
Average Home Value$367,589$392,267
<$50,0001,1271,047
$50,000 - $99,9991,3901,285
$100,000 - $149,9992,0771,939
$150,000 - $199,9992,8002,533
$200,000 - $249,9992,8682,602
$250,000 - $299,9992,9632,832
$300,000 - $399,9994,7605,305
$400,000 - $499,9992,7793,142
$500,000 - $749,9993,2923,979
$1,000,000 +261307

Source: ESRI, 2024-09-25

Housing Year Built

Year RangeHouses Built
2010 or Later4,099
2000-20096,648
1990-19995,514
1980-19894,713
1970-19797,084
1960-19694,382
1950-19593,725
1940-19492,212
1939 or Before7,541

Source: ESRI, 2024-09-25

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Income

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Income

Lake Region Electric Cooperative20242029
Median Household$72,758$84,396
Average Household$96,213$111,095
Per Capita$40,013$46,276

Source: ESRI, 2024-09-25

Household Income

Lake Region Electric Cooperative2024
<$15,0002,712
$15,000 - $24,9992,232
$25,000 - $34,9992,708
$35,000 - $49,9994,337
$50,000 - $74,9995,135
$75,000 - $99,9994,635
$100,000 - $149,9996,529
$150,000 - $199,9992,769
$200,000+2,515

Source: ESRI, 2024-09-25

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Employees

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Commute

CategoryCommuters
Workers 16+37,976
In-County Residents27,935
Out-of-County Residents5,907
Drive Alone28,752
Carpooled3,324
Public Transport273
Work at Home3,566
Motorcycle29
Bicycle161
Walked1,365
Other469
Less than 5 minutes2,743
5-9 minutes6,926
10-14 minutes5,893
15-19 minutes4,757
20-24 minutes3,573
25-29 minutes1,728
30-34 minutes3,213
35-39 minutes862
40-44 minutes738
45-59 minutes1,808
60-89 minutes1,368
90+ minutes801
Average Travel Time0

Source: ESRI, 2024-09-25

Source: ESRI, 2024-09-25

Employees by NAICS

CategoryNumber
Total Employees38,587
Agr/Forestry/Fish/Hunt647
Mining5
Utilities345
Construction1,808
Manufacturing4,863
Wholesale Trade1,366
  
Retail Trade3,783
Motor Veh/Parts Dealers637
Furn & Home Furnish Str80
Electronics & Appl Store38
Bldg Matl/Garden Equip663
Food & Beverage Stores768
Health/Pers Care Stores384
Gasoline Stations386
Clothing/Accessory Store83
Sports/Hobby/Book/Music313
General Merchandise Str430
  
Transportation/Warehouse1,188
Information1,408
  
Finance & Insurance1,002
Cntrl Bank/Crdt Intrmdtn575
Sec/Cmdty Cntrct/Oth Inv139
Insur/Funds/Trusts/Other288
  
Real Estate/Rent/Leasing604
Prof/Scientific/Tech Srv1,126
Legal Services249
Mgmt of Comp/Enterprises64
Admin/Support/Waste Mgmt892
Educational Services4,301
HealthCare/Social Assist6,610
Arts/Entertainment/Rec656
  
Accommodation/Food Srvcs2,944
Accommodation793
Food Srv/Drinking Places2,152
  
Other Srv excl Pub Admin2,438
Auto Repair/Maintenance233
Public Administration Emp2,286

Source: ESRI, 2024-09-25

Educational Attainment (25+)

Lake Region Electric Cooperative2024
<9th Grade1,223
Some High School2,147
GED1,712
Graduated High School14,505
Some College/No Degree11,911
Associates Degree10,559
Bachelor's Degree10,843
Graduate Degree4,834

Source: ESRI, 2024-09-25

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Businesses

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Businesses by NAICS

CategoryNumber
Total Businesses3,675
Agr/Forestry/Fish/Hunt Bus118
Mining Bus2
Utilities Bus8
Construction Bus318
Manufacturing Bus153
Wholesale Trade Bus111
  
Retail Trade Bus486
Motor Veh/Parts Dealers Bus75
Furn & Home Furnish Str Bus22
Electronics & Appl Store Bus8
Bldg Matl/Garden Equip Bus72
Food & Beverage Stores Bus81
Health/Pers Care Stores Bus39
Gasoline Stations Bus43
Clothing/Accessory Store Bus23
Sports/Hobby/Book/Music Bus87
General Merchandise Str Bus37
  
Transportation/Warehouse Bus127
Information Bus72
  
Finance & Insurance Bus217
Cntrl Bank/Crdt Intrmdtn Bus67
Sec/Cmdty Cntrct/Oth Inv Bus51
Insur/Funds/Trusts/Other Bus98
  
Real Estate/Rent/Leasing Bus125
Prof/Scientific/Tech Srv Bus172
Legal Services Bus43
Mgmt of Comp/Enterprises Bus9
Admin/Support/Waste Mgmt Bus122
Educational Services Bus88
HealthCare/Social Assist Bus326
Arts/Entertainment/Rec Bus81
  
Accommodation/Food Srvcs Bus252
Accommodation Bus103
Food Srv/Drinking Places Bus149
  
Other Srv excl Pub Admin Bus537
Auto Repair/Maintenance Bus85
Public Administration Bus237

Source: ESRI, 2024-09-25

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