Inver Grove Heights, Minnesota, has emerged as a vibrant center for business and economic development. With a population exceeding 36,000, the city combines suburban charm with proximity to the Twin Cities, making it an attractive destination for entrepreneurs and established companies alike.
Economic Landscape
The city’s economy is diverse, with significant employment in sectors such as health care, manufacturing, and professional services. Notably, the health care and social assistance industry employs approximately 2,660 residents, while manufacturing accounts for around 1,985 jobs. Professional, scientific, and technical services also play a crucial role, employing about 1,942 individuals. These industries not only provide substantial employment opportunities but also contribute to the city’s economic resilience.
Major Employers
Inver Grove Heights is home to several prominent businesses. CHS Inc., a Fortune 500 agricultural cooperative, has its headquarters in the city, underscoring the area’s significance in the agricultural sector. Additionally, the Pine Bend Refinery, one of the largest oil refineries in the United States, operates within the city limits, further diversifying the local economy. Gertens Greenhouses, a major garden center, also contributes to the economic landscape, attracting customers from across the region.
Entrepreneurial Spirit
The city fosters a supportive environment for small businesses and startups. A recent example is the opening of Cuppa More Pages, a bookstore café that invites patrons to exchange books, embodying the community’s commitment to local entrepreneurship and cultural enrichment.
Housing and Workforce
Inver Grove Heights offers a range of housing options, with a median home sale price of $384,000 as of March 2026. The city’s strategic location, combined with a well-educated workforce—over 90% of adults hold a high school diploma, and more than 30% possess a bachelor’s degree or higher—makes it an appealing choice for businesses seeking a skilled labor pool.
Economic Development Initiatives
The city’s Economic Development Authority (EDA) actively promotes business growth and community development. Meeting bi-monthly, the EDA collaborates with local businesses and stakeholders to implement strategies that enhance the economic vitality of Inver Grove Heights.
Inver Grove Heights continues to thrive as a hub for business and economic growth, offering a dynamic environment for companies and residents alike. Its strategic location, diverse economy, and supportive community make it a prime destination for those looking to invest and grow.
