Inver Grove Heights, Minnesota, has emerged as a dynamic center for business and economic development. The city’s strategic location, just 15 miles southeast of the Twin Cities, offers businesses the advantage of suburban tranquility coupled with proximity to a major metropolitan area.
Economic Landscape
The local economy is diverse, with key industries including health care and social assistance, manufacturing, and professional, scientific, and technical services. This variety provides a stable foundation for economic resilience and growth.
Business Community
Inver Grove Heights is home to a mix of family-owned establishments and large corporations. Notably, Fortune 100 company CHS, Inc. and gardening giant Gertens have significant operations in the city. This blend of businesses contributes to a robust and dynamic economic environment.
Housing Market
The housing market reflects the city’s economic vitality. As of March 2026, the median sale price of a home was $384,000, marking a 3.8% increase from the previous year. Homes typically sell after 71 days on the market, indicating steady demand.
Entrepreneurial Spirit
The city fosters an entrepreneurial spirit, evidenced by the opening of unique local businesses. For instance, in 2025, Cuppa More Pages, a bookstore café, opened its doors, offering residents a community space that combines literature and coffee.
Economic Development Initiatives
The Economic Development Authority (EDA), led by Councilmember Sue Gliva, plays a pivotal role in guiding the city’s economic activities. The EDA meets bi-monthly to discuss and implement strategies aimed at sustaining and enhancing economic growth.
Inver Grove Heights continues to be a beacon for businesses and entrepreneurs, offering a supportive environment that balances economic opportunity with community values.
