HomeMinnesotaDakota CountyInver Grove Heights
Inver Grove Heights, Minnesota: commercial real estate data.
Inver Grove Heights is a Census city of 35,906 people across 27.85 square miles of land, in Dakota County. Median household income is $101,316, 76.9 percent of occupied homes are owned, and the SBA record carries 50 7(a) approvals to borrowers here worth $25.2 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Inver Grove Heights
What Inver Grove Heights is
- Census place typecity
- Land area27.85 sq mi
- Water area2.37 sq mi
- Population per square mile of land1,289
- County holding the largest share of its areaDakota County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Inver Grove Heights
How many people live in Inver Grove Heights
- Population35,906
- Median age41.6
- Population under 187,460
- Share under 1820.8 percent
- Population 65 and over6,440
- Share 65 and over17.9 percent
- Households15,158
- Family households10,341
- Share of households that are families68.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Inver Grove Heights
Income and work in Inver Grove Heights
- Median household income$101,316
- Per capita income$55,446
- Civilian labor force20,774
- Employed20,018
- Unemployed756 plus or minus 198
- Unemployment rate3.6 percent plus or minus 0.9
- Adults 25 and over26,044
- Adults 25 and over with a high school diploma or higher95.8 percent
- Adults 25 and over with a bachelor degree or higher43.5 percent
- Adults 25 and over with a graduate degree14.5 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Inver Grove Heights
Housing in Inver Grove Heights
- Housing units15,495
- Occupied units15,158
- Vacant units337 plus or minus 131
- Vacancy rate2.2 percent plus or minus 0.8
- Owner occupied11,661
- Renter occupied3,497
- Ownership rate76.9 percent
- Median owner-occupied home value$363,400
- Median gross rent, monthly$1,465
- Annual rent as a share of median income17.4 percent
- Single family units11,739
- Share single family75.8 percent
- Units in buildings of two or more3,316
- Share in buildings of two or more21.4 percent
- Mobile homes440 plus or minus 150
- Median year structure built1990
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Inver Grove Heights
How Inver Grove Heights gets to work
- Workers 16 and over who commute14,942
- Commuting under 15 minutes3,948
- Share commuting under 15 minutes26.4 percent
- Commuting 30 minutes or more4,315
- Share commuting 30 minutes or more28.9 percent
- Drove alone65.7 percent
- Carpooled6.1 percent plus or minus 1.8
- Public transport2.0 percent plus or minus 1.0
- Walked1.5 percent plus or minus 0.8
- Worked from home23.5 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Inver Grove Heights
SBA loans in Inver Grove Heights (7(a))
- Approvals50
- Gross approval$25,206,600
- Average approval$504,132
- Median approval$150,000
- Ninetieth percentile approval$1,100,000
- Largest approval$3,400,000
- Jobs supported607
- Jobs per approval12.1
- Loans with a final outcome11
- Paid in full8
- Charged off3
- Median term120 months
- Share on real estate terms of 20 years or more12.0 percent
- Share to franchises10.0 percent
- Distinct lenders24
- Distinct industries by NAICS32
Counted by borrower city: approvals to borrowers whose address is in Inver Grove Heights, in any county, FY2020 to FY2026. Only 11 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Inver Grove Heights
SBA loans in Inver Grove Heights (504)
- Approvals17
- Gross approval$20,343,000
- Average approval$1,196,647
- Median approval$824,000
- Largest approval$5,045,000
- Jobs supported245
- Loans with a final outcome4
- Charged off0
- Median term300 months
- Distinct CDCs6
Counted by borrower city: approvals to borrowers whose address is in Inver Grove Heights, in any county, FY2010 to FY2026. Only 4 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Inver Grove Heights
Flood risk in Inver Grove Heights
- NFIP communityCity of Inver Grove Heights
- NFIP community number270106
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date12/02/11
The City of Inver Grove Heights participates in the National Flood Insurance Program as community 270106 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Dakota County, not Inver Grove Heights
Dakota County context, not Inver Grove Heights figures
- Establishments in Dakota County10,964
- Covered employment, Dakota County189,387
- Average annual pay, Dakota County$72,792
- Housing units permitted, Dakota County2,146
Every figure in this section is published for Dakota County as a whole and is not a measurement of Inver Grove Heights.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Inver Grove Heights questions, answered from the record.
How many people live in Inver Grove Heights, Minnesota?
35,906, in 15,158 households. Inver Grove Heights city covers 27.85 square miles of land, which is 1,289 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Inver Grove Heights in?
Dakota County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Inver Grove Heights?
$101,316. The median owner-occupied home is valued at $363,400. Median gross rent is $1,465 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Inver Grove Heights businesses?
50 7(a) approvals totaling $25.2 m since FY2020, across 24 lenders, median approval $150,000, plus 17 504 approvals worth $20.3 m since FY2010. These count approvals to borrowers whose address is in Inver Grove Heights, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Inver Grove Heights borrowers get paid back?
No rate is published for Inver Grove Heights. Only 11 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Inver Grove Heights in the National Flood Insurance Program?
Yes. Inver Grove Heights appears in the FEMA Community Status Book as Inver Grove Heights, city of, community 270106, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Inver Grove Heights figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Dakota County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Inver Grove Heights.
Is zoning published for Inver Grove Heights?
No. Nothing on this page presents parcel level zoning.