Inver Grove Heights, MN
35,906Residents
$101,316Median household income
$1,465/moMedian gross rent
$363,400Median home value
41.6Median age
44%Adults with a bachelor’s degree or higher
77%Homes lived in by their owners
3.6×Home value to household income
Median rent takes about 17% of the median household income in Inver Grove Heights.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $59,000 a year. In Minnesota that leaves roughly $3,798 a month after tax. See the full paycheck breakdown for $60,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.