Is Inver Grove Heights, Minnesota a Good Place To Live? - Living In Inver Grove Heights, MN

Is Inver Grove Heights, Minnesota a good place to live?
Inver Grove Heights is a city in Minnesota state in USA with a population of 35492 residents.. The poverty rate of Inver Grove Heights is 7.9%, which is 44% lower than national average. The typical household in Inver Grove Heights earns $83155 a year, compared to the national median of $67,500. Nearly 30.1% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Inver Grove Heights, only 93% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Inver Grove Heights remained 3.3%, which is 30% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Inver Grove Heights, only 40% of adults have a bachelor's degree and 30% have some college but no degree.

Cost of living in Inver Grove Heights is 106, which is 6% higher than national average. Median home value in Inver Grove Heights is $273000 , which is 19% higher than national average. While median income in Inver Grove Heights remained $83155, which is 23% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Population
35492
Unemployment
3.3%
30% NAT AVG.
Poverty
7.9%
44% NAT AVG.
Overall Score
8.5
Median Home Cost
$273000
19% NAT AVG.
Median Income
$83155
23% NAT AVG.
Median Rent
$1214
5% NAT AVG.
Cost Of Living
106
6% NAT AVG.
People Living BPL
1 in 13
Unemployed People
1 in 30
People Earning < $10,000
1 in 48
People Earning < $50,000
30.1%
People with <= High School
1 in 3.3
People With Any Degree
1 in 2
Pros & Cons Overview

Jobs85%

Housing85%

Affordability80%

Safety60%

Amenities85%

Diversity80%

Education85%

Commute80%