Inver Grove Heights, a vibrant city in Dakota County, Minnesota, has experienced significant economic growth and development in recent years. With a population exceeding 36,000 residents, the city offers a blend of suburban tranquility and economic opportunity.
Population and Income
The city’s population has seen steady growth, increasing by 1.2% from 2020 to 2024. This upward trend reflects the area’s appeal to both families and businesses. The median household income stands at $101,316, surpassing the national average and indicating a prosperous community.
Employment and Industry
Inver Grove Heights boasts a diverse employment landscape, with approximately 20,000 individuals employed across various sectors. The leading industries include:
- Health Care & Social Assistance: Employing 2,660 residents, this sector underscores the city’s commitment to well-being.
- Manufacturing: With 1,985 employees, manufacturing plays a crucial role in the local economy.
- Professional, Scientific, & Technical Services: This sector employs 1,942 individuals, highlighting the city’s growing professional landscape.
Notably, the Professional, Scientific, & Technical Services industry offers the highest average salary at $95,565, reflecting the value placed on specialized skills and expertise.
Local Businesses and Economic Development
The city is home to several prominent businesses that contribute significantly to its economic vitality:
- CHS, Inc.: A Fortune 500 agricultural cooperative headquartered in Inver Grove Heights, CHS plays a pivotal role in the local and national economy.
- Pine Bend Refinery: As the largest oil refinery in Minnesota and the fourteenth largest in the U.S., Pine Bend Refinery is a major employer and economic driver.
- Gertens Greenhouses: One of the largest garden centers in the United States, Gertens adds to the city’s diverse business landscape.
In addition to these established enterprises, the city has seen the emergence of new businesses that enhance community life. For instance, Cuppa More Pages, a bookstore café that opened in 2025, offers residents a unique space to enjoy literature and coffee, embodying the city’s entrepreneurial spirit.
Housing Market
The housing market in Inver Grove Heights reflects the city’s growth and desirability. As of October 2025, the median home sale price was $439,000, marking an 11.62% increase from the previous year. The median rent stood at $2,787 per month, indicating strong demand for housing in the area.
Community and Economic Development Initiatives
The city’s Economic Development Authority (EDA), led by Councilmember Sue Gliva, actively promotes business growth and community development. The EDA meets bi-monthly to discuss and implement strategies that foster economic prosperity and enhance the quality of life for residents.
Inver Grove Heights exemplifies a community that balances growth with maintaining a high quality of life. Its diverse economy, strong local businesses, and proactive development initiatives position the city as a thriving hub in the Twin Cities metropolitan area.
