Inver Grove Heights, Minnesota, has emerged as a dynamic community characterized by economic vitality and a supportive environment for local businesses. With a population of approximately 36,984 residents, the city offers a blend of suburban tranquility and economic opportunity.
Economic Landscape
The city’s economy is diverse, encompassing sectors such as manufacturing, agriculture, healthcare, retail, and other services. Manufacturing leads the employment landscape, accounting for 31% of jobs, followed by agriculture at 26%, and healthcare at 19%. This diversification contributes to the city’s economic resilience and growth.
Local Business Highlights
Inver Grove Heights is home to several prominent businesses that significantly impact the local economy. CHS, Inc., a Fortune 500 agricultural cooperative, has its headquarters in the city, providing numerous employment opportunities. Additionally, Gertens Greenhouses, one of the largest garden centers in the United States, attracts customers from across the region.
The city also fosters a vibrant small business community. For instance, Cuppa More Pages, a bookstore café that opened in 2025, offers a unique space where patrons can enjoy coffee while browsing a curated selection of books. This establishment exemplifies the entrepreneurial spirit thriving in Inver Grove Heights.
Housing and Income
The housing market in Inver Grove Heights reflects the city’s economic health. The median home value is $352,300, with a homeownership rate of 75.5%. The median household income stands at $104,055, which is 19% higher than the state average, indicating a prosperous community with a strong economic foundation.
Community and Workforce
The city’s workforce is well-educated, with 43.0% of adults holding a bachelor’s degree or higher. The unemployment rate is relatively low at 3.6%, and the poverty rate is 4.6%, among the lowest in Minnesota. These factors contribute to a stable and thriving community.
Inver Grove Heights continues to be a beacon for economic development, offering a supportive environment for businesses and a high quality of life for its residents. The city’s commitment to fostering local enterprises and maintaining a diverse economic base ensures its continued growth and prosperity.