Economy in Andover, Florida
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Economy
| Unemployment Rate | 12.30% | 9.10% |
| Recent Job Growth | 2.76% | -0.12% |
| Future Job Growth | 33.22% | 31.25% |
| Sales Taxes | 7.00% | 6.80% |
| Income Taxes | 0.00% | 6.25% |
| Income per Cap. | $19,043 | $27,067 |
| Household Income | $38,050 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 21.92% | 12.10% |
| Income between 15K and 25K | 11.95% | 10.18% |
| Income between 25K and 35K | 12.71% | 10.56% |
| Income between 35K and 50K | 16.37% | 14.98% |
| Income between 50K and 75K | 17.81% | 19.53% |
| Income between 75K and 100K | 9.95% | 12.52% |
| Income between 100K and 150K | 6.65% | 12.14% |
| Income between 150K and 250K | 1.33% | 3.91% |
| Income between 250K and 500K | 1.20% | 3.34% |
| Income greater than 500K | 0.10% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 9.90% | 13.81% |
| Professional and Related Occupations | 22.36% | 22.68% |
| Service | 13.49% | 14.51% |
| Sales and Office | 28.30% | 25.22% |
| Farming, Fishing, and Forestry | 0.06% | 0.68% |
| Construction, Extraction, and Maintenance | 8.65% | 9.37% |
| Production, Transportation, and Material Moving | 10.73% | 15.86% |
The unemployment rate in Andover, FL, is 12.30%, with job growth of 2.76%. Future job growth over the next ten years is predicted to be 33.22%.
Andover, FL Taxes
Andover, FL,sales tax rate is 7.00%. Income tax is 0.00%.
Andover, FL Income and Salaries
The income per capita is $19,043, which includes all adults and children. The median household income is $38,050.
Andover Economy SperlingViews
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