Inver Grove Heights, located just 15 miles southeast of the Twin Cities, has evolved into a vibrant community that seamlessly combines economic development with a strong sense of local identity. This city of over 35,000 residents offers a dynamic environment for businesses and residents alike.
Economic Landscape
The city’s economy is diverse, with key industries including health care and social assistance, manufacturing, and professional, scientific, and technical services. Notably, the median household income in Inver Grove Heights was $101,316 between 2020 and 2024, reflecting the city’s economic vitality. The median sale price of homes in March 2026 was $384,000, indicating a stable housing market.
Local Business Highlights
Inver Grove Heights is home to a mix of local businesses and major corporations. CHS, Inc., a Fortune 500 agricultural cooperative, has its headquarters here, contributing significantly to the local economy. Additionally, Gertens Greenhouses, one of the largest garden centers in the United States, is a prominent local business.
The city also fosters a supportive environment for small businesses and entrepreneurs. For instance, Cuppa More Pages, a bookstore café that opened in 2025, has become a community favorite, offering a unique space where patrons can enjoy coffee and exchange books.
Community and Development
The Economic Development Authority (EDA), comprising city council members, plays a pivotal role in guiding the city’s growth. Meeting bi-monthly, the EDA focuses on initiatives that promote business development and community well-being.
Inver Grove Heights’ strategic location, diverse economy, and commitment to community development make it an attractive destination for businesses and residents seeking a balanced and prosperous environment.
