Inver Grove Heights, Minnesota, has emerged as a vibrant community characterized by steady economic growth and a flourishing local business scene. With a population of approximately 36,873 residents as of July 2025, the city has experienced a 3.0% increase since 2020, reflecting its appeal as a desirable place to live and work.
Economic Landscape
The city’s economic vitality is evident in its impressive median household income of $101,316, surpassing both state and national averages. This financial strength is complemented by a low poverty rate of 4.9%, indicating a prosperous community with ample opportunities for its residents.
Housing Market
The housing market in Inver Grove Heights remains robust. Over the three months ending May 2026, the median sale price of homes reached $380,000, marking a 2.6% increase from the previous year. Homes typically sell after 32 days on the market, underscoring the area’s desirability among homebuyers.
Local Business Environment
The city boasts a diverse array of businesses, ranging from family-owned establishments to major corporations. Notably, CHS Inc., a Fortune 100 company, and Gertens, a renowned gardening center, have established their presence in Inver Grove Heights. The recent opening of Cuppa More Pages, a unique bookstore café that functions as a life-sized Little Free Library, exemplifies the city’s dynamic entrepreneurial spirit.
Community and Lifestyle
Residents enjoy a high quality of life, supported by excellent schools, extensive park facilities, and a variety of recreational opportunities. The city’s strategic location near the Mississippi River and its proximity to downtown St. Paul provide both natural beauty and urban conveniences.
Inver Grove Heights continues to thrive as a hub for local businesses and economic development, offering a welcoming environment for entrepreneurs and a vibrant community for its residents.
