Economy in Andover, Massachusetts
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| Unemployment Rate | 6.80% | 8.60% |
| Recent Job Growth | -0.45% | 0.35% |
| Future Job Growth | 32.30% | 32.10% |
| Sales Taxes | 5.00% | 5.00% |
| Income Taxes | 5.30% | 4.70% |
| Income per Cap. | $47,713 | $26,154 |
| Household Income | $81,251 | $50,935 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 11.62% | 12.37% |
| Income between 15K and 25K | 8.81% | 10.53% |
| Income between 25K and 35K | 5.58% | 10.88% |
| Income between 35K and 50K | 7.58% | 15.37% |
| Income between 50K and 75K | 13.85% | 20.14% |
| Income between 75K and 100K | 10.33% | 12.41% |
| Income between 100K and 150K | 18.36% | 11.27% |
| Income between 150K and 250K | 16.63% | 5.01% |
| Income between 250K and 500K | 6.69% | 1.86% |
| Income greater than 500K | 0.54% | 0.16% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 21.29% | 14.04% |
| Professional and Related Occupations | 39.58% | 20.61% |
| Service | 7.93% | 14.45% |
| Sales and Office | 23.12% | 26.75% |
| Farming, Fishing, and Forestry | 0.00% | 0.70% |
| Construction, Extraction, and Maintenance | 1.43% | 9.42% |
| Production, Transportation, and Material Moving | 6.62% | 14.05% |
The unemployment rate in Andover, MA, is 6.80%, with job growth of -0.45%. Future job growth over the next ten years is predicted to be 32.30%.
Andover, MA Taxes
Andover, MA,sales tax rate is 5.00%. Income tax is 5.30%.
Andover, MA Income and Salaries
The income per capita is $47,713, which includes all adults and children. The median household income is $81,251.
Andover Economy SperlingViews
Pretty Nice: Good school district, high school offers plenty of APs and colleges are fond of... (read more)Andover: For a community nowhere near Boston, Andover is very posh. The downtown is lavish and you get the Affluent New England charm there. With excellent school systems, and... (read more)Quality of Life in Andover, MA: Andover is a beautiful place to live. The town is well managed and the school district is very good. It's located close to two major interstates: 93 and 495. If you... (read more)Have an opinion about Andover? Leave a commentTo See All SperlingViews for Andover Click Here
