Living in Inver Grove Heights, Minnesota
Cost of living, income, home prices, rent and demographics of Inver Grove Heights · Census data 2020–2024
Inver Grove Heights has 35,906 residents with a median age of 41.6. The median household income is $101,316 (14% higher than the Minnesota median), the median home value is $363,400, the median rent is $1,465/month.
Inver Grove Heights at a glance
- Population
- 35,906
- Median age
- 41.6State: 38.8
- Median household income
- $101,316State: $89,062
- Median home value
- $363,400State: $329,300
- Median rent
- $1,465/moState: $1,280
- Homeowners
- 76.9%
- Bachelor's degree or higher
- 43.5%
- Average commute
- 22 min
Is Inver Grove Heights a good place to live?
Pros: Median household income 14% higher than the Minnesota median; an average commute of 22 minutes; unemployment of 3.6%; a poverty rate of 4.9%.
Cons: Home values 10% higher than the state median.
The weather is best in June to September.
Cost of living in Inver Grove Heights
Housing is the biggest part of the cost of living. In Inver Grove Heights the median home value is $363,400, 9% higher than the U.S. median. Renters pay a median of $1,465 per month, which is 31.1% of household income. Homeowners with a mortgage pay $2,008 a month in housing costs.
Inver Grove Heights median household income
The median household income in Inver Grove Heights is $101,316 and the income per person is $55,446. 4.9% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Inver Grove Heights: homes for sale and rent
- Housing units
- 15,495
- Owner-occupied
- 76.9%
- Renter-occupied
- 23.1%
- Vacant
- 2.2%Includes seasonal homes
- Median year built
- 1990
- Average household size
- 2.35
Inver Grove Heights demographics
- Population
- 35,906
- Median age
- 41.6
- Under 18
- 20.8%
- 65 and older
- 17.9%
- Households
- 15,158
- Foreign-born
- 9.9%
- Veterans
- 5.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Inver Grove Heights ›
Education in Inver Grove Heights
43.5% of adults 25 and older in Inver Grove Heights have a bachelor's degree or higher (Minnesota: 39.4%), and 14.5% have a graduate or professional degree.
Jobs and commute in Inver Grove Heights
- Unemployment rate
- 3.6%State: 4.1%
- Average commute
- 22 minState: 23 min
- Work from home
- 23.5%
- Drive alone
- 65.7%
- Public transit
- 2%
- Walk to work
- 1.5%
- Homes with broadband
- 93.5%
Inver Grove Heights vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Inver Grove Heights | 35,906 | $101,316 | $363,400 | $1,465 |
| St. Paul Park | 5,457 | $100,642 | $263,500 | $2,174 |
| Sunfish Lake | 533 | $236,250 | $1,115,600 | — |
| South St. Paul | 20,611 | $87,994 | $281,600 | $1,199 |
| Newport | 4,754 | $71,979 | $378,100 | $1,122 |
| Mendota Heights | 11,612 | $132,768 | $520,300 | $1,631 |
| Eagan | 68,000 | $108,690 | $397,100 | $1,679 |
| West St. Paul | 21,382 | $68,464 | $301,300 | $1,282 |
| Rosemount | 27,562 | $129,625 | $424,100 | $1,640 |
More for people moving to Inver Grove Heights
Inver Grove Heights ZIP code ›Weather and climate ›Living in Inver Grove Heights: FAQ
What is the median household income in Inver Grove Heights, MN?
The median household income in Inver Grove Heights is $101,316, 14% higher than the Minnesota median of $89,062 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Inver Grove Heights?
The median home value in Inver Grove Heights is $363,400, compared with $329,300 in Minnesota.
How much is rent in Inver Grove Heights?
The median gross rent in Inver Grove Heights is $1,465 per month, about 31.1% of household income.
Is Inver Grove Heights, MN a good place to live?
Pluses: median household income 14% higher than the Minnesota median; an average commute of 22 minutes; unemployment of 3.6%; a poverty rate of 4.9%. Minuses: home values 10% higher than the state median.
What is the median age in Inver Grove Heights?
The median age in Inver Grove Heights is 41.6 years (Minnesota: 38.8).
How long is the commute in Inver Grove Heights?
The average commute to work in Inver Grove Heights is 22 minutes; 23.5% of workers work from home.
What is the unemployment rate in Inver Grove Heights?
The unemployment rate in Inver Grove Heights is 3.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Inver Grove Heights?
43.5% of adults in Inver Grove Heights have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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