Woodbury, Minnesota, has emerged as a dynamic economic center in the Twin Cities’ east metro area. Its strategic location at the intersection of three interstate highways provides businesses with unparalleled access to major markets, including St. Paul and Minneapolis, as well as the Minneapolis-St. Paul International Airport.
Business Growth and Development
The city has experienced consistent growth in business establishments, with a net increase of four businesses in 2025, bringing the total to 1,898 establishments. This steady expansion reflects Woodbury’s commitment to fostering a business-friendly environment and supporting economic development initiatives.
Key retail centers such as Tamarack Village and Woodbury Lakes serve as major commercial hubs, housing a mix of national retailers, specialty stores, and dining options that attract consumers from a broad regional area. Beyond retail, the healthcare sector stands out as a significant employer, with facilities like the Allina Health Woodbury Clinic and Entira Family Clinics providing numerous professional opportunities.
Employment Landscape
Woodbury’s employment distribution showcases a diverse economy. The top three employment sectors are:
- Education and Health Services: 33.2%
- Trade, Transportation, and Utilities: 24.4%
- Leisure and Hospitality: 15.6%
These sectors have remained stable, with only minor shifts observed in recent years. Notably, the manufacturing sector saw a slight increase, while leisure and hospitality experienced a modest decrease.
Support for Entrepreneurs and Small Businesses
Recognizing the vital role of small businesses in the local economy, Woodbury participates in the Open to Business program. This initiative offers entrepreneurs and small business owners access to technical assistance, business planning, marketing strategies, and financial resources. Such support underscores the city’s dedication to nurturing a vibrant entrepreneurial ecosystem.
Community and Workforce
With a population nearing 80,000 and projections estimating growth to 88,000 by 2040, Woodbury boasts a highly educated workforce. Over half of residents aged 25 and older hold a bachelor’s degree, contributing to a skilled labor pool that attracts diverse industries. The city’s extensive parks, trails, and recreational amenities further enhance its appeal as a desirable place to live and work.
In summary, Woodbury’s strategic location, robust infrastructure, and supportive business environment have positioned it as a thriving hub for commerce and employment. The city’s ongoing commitment to economic development and community well-being ensures a prosperous future for residents and businesses alike.