Steele-Waseca Cooperative Electric

Steele-Waseca Cooperative Electric

Steele-Waseca Cooperative Electric was formed on October 10, 1936, when Waseca Cooperative Electric and Steele County Cooperative Electric were merged into one organization with a combined membership of 860.

Since its beginning, the cooperative has grown steadily to its present membership of more than 8,000. A growing membership and increased loads created the need for power, lines and facilities. Today, SWCE has more than 1,900 miles of line and 16 substations for its 900-square-mile service territory.

Population

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Population

Population 2000 2010 2026 2031
Steele-Waseca Cooperative Electric 111,159 118,959 123,753 124,447

Source: ESRI, 2026-08-31

Population by Age

Population 2026
0-4 6,808
5-9 6,911
10-14 7,540
15-19 9,179
20-24 10,790
25-29 6,752
30-34 6,954
35-39 7,509
40-44 8,031
45-49 7,322
50-54 6,968
55-59 7,015
60-64 7,642
65-69 7,478
70-74 6,315
75-79 4,728
80-84 2,903
85+ 2,909
18+ 97,511
Median Age 40

Source: ESRI, 2026-08-31

Population by Race

Steele-Waseca Cooperative Electric 2026
Total 123,753.00
White Alone 80.37%
Black Alone 5.98%
American Indian Alone 0.67%
Asian Alone 1.66%
Pacific Islander Alone 0.06%
Some Other Race 5.08%
Two or More Races 6.19%
Hispanic Origin 10.06%
Diversity Index 46.30

Source: ESRI, 2026-08-31

Growth Rate

Steele-Waseca Cooperative Electric 2026 - 2031
Population 0.11%
Households 0.27%
Families 0.08%
Median Household Income 3%
Per Capita Income 2%

Source: ESRI, 2026-08-31

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Housing

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Households

Population 2000 2010 2026 2031
Households 39,471 43,881 46,594 47,226
Housing Units 41,574 47,744 49,744 50,411
Owner Occupied Units 34,654 35,102
Renter Occupied Units 11,940 12,123
Vacant Units 3,150 3,185

Source: ESRI, 2026-08-31

Home Value

Steele-Waseca Cooperative Electric 2026 2031
Median Home Value $317,156 $372,289
Average Home Value $361,117 $413,429
<$50,000 1,087 999
$50,000 - $99,999 527 365
$100,000 - $149,999 1,544 1,028
$150,000 - $199,999 3,248 2,135
$200,000 - $249,999 4,807 3,450
$250,000 - $299,999 4,805 3,980
$300,000 - $399,999 7,633 7,737
$400,000 - $499,999 5,079 6,528
$500,000 - $749,999 4,330 6,517
$1,000,000 + 240 373

Source: ESRI, 2026-08-31

Housing Year Built

Year Range Houses Built
2010 or Later 2,747
2000-2009 6,991
1990-1999 5,556
1980-1989 4,302
1970-1979 8,220
1960-1969 3,788
1950-1959 4,264
1940-1949 2,506
1939 or Before 9,964

Source: ESRI, 2026-08-31

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Income

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Income

Steele-Waseca Cooperative Electric 2026 2031
Median Household $87,137 $101,470
Average Household $105,767 $118,177
Per Capita $40,460 $45,494

Source: ESRI, 2026-08-31

Household Income

Steele-Waseca Cooperative Electric 2026
<$15,000 3,256
$15,000 - $24,999 1,858
$25,000 - $34,999 3,727
$35,000 - $49,999 4,140
$50,000 - $74,999 6,707
$75,000 - $99,999 6,494
$100,000 - $149,999 8,895
$150,000 - $199,999 6,666
$200,000+ 4,851

Source: ESRI, 2026-08-31

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Employees

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Commute

Category Commuters
Workers 16+ 59,539
In-County Residents 41,808
Out-of-County Residents 17,468
Drive Alone 43,826
Carpooled 5,022
Public Transport 259
Work at Home 5,895
Motorcycle 95
Bicycle 434
Walked 3,305
Other 615
Less than 5 minutes 3,155
5-9 minutes 11,806
10-14 minutes 10,060
15-19 minutes 5,845
20-24 minutes 5,883
25-29 minutes 2,788
30-34 minutes 4,691
35-39 minutes 971
40-44 minutes 1,643
45-59 minutes 3,757
60-89 minutes 2,179
90+ minutes 866
Average Travel Time 0

Source: ESRI, 2026-08-31

Source: ESRI, 2026-08-31

Employees by NAICS

Category Number
Total Employees 64,039
Agr/Forestry/Fish/Hunt 597
Mining 16
Utilities 213
Construction 4,081
Manufacturing 9,280
Wholesale Trade 4,322
   
Retail Trade 7,515
   
Transportation/Warehouse 1,528
Information 1,487
   
Finance & Insurance 4,125
   
Real Estate/Rent/Leasing 1,267
Prof/Scientific/Tech Srv 1,435
Legal Services 265
Mgmt of Comp/Enterprises 105
Admin/Support/Waste Mgmt 682
Educational Services 6,414
HealthCare/Social Assist 7,070
Arts/Entertainment/Rec 731
   
Accommodation/Food Srvcs 3,892
   
Other Srv excl Pub Admin 3,938
Auto Repair/Maintenance 590
Public Administration Emp 5,286

Source: ESRI, 2026-08-31

Educational Attainment (25+)

Steele-Waseca Cooperative Electric 2026
<9th Grade 1,848
Some High School 3,293
GED 4,954
Graduated High School 22,264
Some College/No Degree 15,631
Associates Degree 11,101
Bachelor's Degree 15,424
Graduate Degree 8,010

Source: ESRI, 2026-08-31

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Businesses

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Businesses by NAICS

Category Number
Total Businesses 4,654
Agr/Forestry/Fish/Hunt Bus 82
Mining Bus 5
Utilities Bus 15
Construction Bus 402
Manufacturing Bus 212
Wholesale Trade Bus 128
   
Retail Trade Bus 565
   
Transportation/Warehouse Bus 127
Information Bus 104
   
Finance & Insurance Bus 251
   
Real Estate/Rent/Leasing Bus 193
Prof/Scientific/Tech Srv Bus 294
Legal Services Bus 55
Mgmt of Comp/Enterprises Bus 6
Admin/Support/Waste Mgmt Bus 130
Educational Services Bus 154
HealthCare/Social Assist Bus 444
Arts/Entertainment/Rec Bus 113
   
Accommodation/Food Srvcs Bus 279
   
Other Srv excl Pub Admin Bus 697
Auto Repair/Maintenance Bus 108
Public Administration Bus 252

Source: ESRI, 2026-08-31

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