Inver Grove Heights, Minnesota, has emerged as a dynamic center for business and economic development. With a population exceeding 35,000 residents, the city offers a blend of suburban charm and economic vitality.
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 professional, scientific, and technical services sector boasts an average annual salary of $95,565, reflecting the city’s commitment to high-paying job opportunities.
Local Business Highlights
Inver Grove Heights is home to several prominent businesses. 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, attracts customers from across the region.
Housing Market Trends
The housing market in Inver Grove Heights has shown resilience and growth. As of March 2026, the median sale price of homes was $384,000, marking a 3.8% increase from the previous year. Homes typically sell after 71 days on the market, indicating steady demand.
Community Development
The city’s Economic Development Authority (EDA), led by Councilmember Sue Gliva, plays a pivotal role in fostering business growth and community development. The EDA meets bi-monthly to discuss and implement strategies that support local businesses and attract new enterprises to the area.
Entrepreneurial Spirit
Inver Grove Heights encourages entrepreneurship, as evidenced by the recent opening of ‘Cuppa More Pages,’ a unique bookstore café that operates as a life-sized Little Free Library. This innovative business model reflects the community’s support for creative ventures and local entrepreneurs.
Inver Grove Heights continues to thrive as a hub for business and economic growth, offering a supportive environment for both established companies and emerging enterprises.
