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Inver Grove Heights, Minnesota

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
35,906
Population
$101,316
Median Income
$363,400
Home Value
41.6
Median Age

Demographics

Inver Grove Heights has a population of 35,906 with a median age of 41.6. Here is the racial and ethnic breakdown of the population:

White
75.3%
Hispanic
12.3%
Black
5.9%
Asian
4.4%
Other
2.1%
Demographic Value
Total Population35,906
Median Age41.6
White75.3%
Black or African American5.9%
Asian4.4%
Hispanic or Latino12.3%
Other / Two or More Races2.1%
Inver Grove Heights, Minnesota — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 75.3%Hispanic/Latino: 12.3%Black: 5.9%Asian: 4.4%Other: 2.1%35,906PopulationWhiteWhite75.3%Hispanic/LatinoHispanic/Latino12.3%BlackBlack5.9%AsianAsian4.4%OtherOther2.1%

Income & Economy

The median household income in Inver Grove Heights is $101,316, which is 25.7% above the national median of $80,610. The per capita income is $55,446. The poverty rate is 4.9%.

$101,316
Median Household Income
$55,446
Per Capita Income
4.9%
Poverty Rate

Employment

The unemployment rate in Inver Grove Heights is 2.8%, compared to the national rate of 4.1%.

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Education

In Inver Grove Heights, 95.8% of residents age 25+ have a high school diploma or higher, and 43.5% hold a bachelor's degree or higher (14.5% with a graduate or professional degree).

HS Diploma+
95.8%
Bachelor's+
43.5%
Graduate+
14.5%
Education Level % of Adults (25+)
High School Diploma or Higher95.8%
Bachelor's Degree or Higher43.5%
Graduate or Professional Degree14.5%

Housing

The median home value in Inver Grove Heights is $363,400, above the national median of $303,400. The median monthly rent is $1,465. The homeownership rate is 76.9%.

$363,400
Median Home Value
$1,465/mo
Median Rent
76.9%
Homeownership Rate
Housing Metric Value
Median Home Value$363,400
Median Monthly Rent$1,465
Homeownership Rate76.9%
Vacancy Rate2.2%

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Frequently Asked Questions

What is the population of Inver Grove Heights, Minnesota?
The population of Inver Grove Heights, Minnesota is 35,906 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Inver Grove Heights, Minnesota?
The median household income in Inver Grove Heights, Minnesota is $101,316. This is 25.7% above the national median of $80,610.
What is the median home value in Inver Grove Heights, Minnesota?
The median home value in Inver Grove Heights, Minnesota is $363,400. The median monthly rent is $1,465.
What percentage of people in Inver Grove Heights have a college degree?
In Inver Grove Heights, Minnesota, 43.5% of adults age 25 and older hold a bachelor's degree or higher, and 95.8% have a high school diploma or higher.
Is Inver Grove Heights, Minnesota an affordable place to live?
The home price-to-income ratio in Inver Grove Heights, Minnesota is 3.6x (median home value $363,400 vs. median income $101,316), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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