Economy in Andover, Minnesota
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Economy
| Unemployment Rate | 6.50% | 9.10% |
| Recent Job Growth | -0.17% | -0.12% |
| Future Job Growth | 33.16% | 31.25% |
| Sales Taxes | 6.50% | 6.80% |
| Income Taxes | 7.85% | 6.25% |
| Income per Cap. | $34,656 | $27,067 |
| Household Income | $94,673 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 1.52% | 12.10% |
| Income between 15K and 25K | 2.31% | 10.18% |
| Income between 25K and 35K | 2.38% | 10.56% |
| Income between 35K and 50K | 5.17% | 14.98% |
| Income between 50K and 75K | 19.79% | 19.53% |
| Income between 75K and 100K | 24.11% | 12.52% |
| Income between 100K and 150K | 31.55% | 12.14% |
| Income between 150K and 250K | 6.66% | 3.91% |
| Income between 250K and 500K | 5.41% | 3.34% |
| Income greater than 500K | 1.09% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 17.68% | 13.81% |
| Professional and Related Occupations | 22.85% | 22.68% |
| Service | 10.23% | 14.51% |
| Sales and Office | 28.69% | 25.22% |
| Farming, Fishing, and Forestry | 0.11% | 0.68% |
| Construction, Extraction, and Maintenance | 10.14% | 9.37% |
| Production, Transportation, and Material Moving | 16.49% | 15.86% |
The unemployment rate in Andover, MN, is 6.50%, with job growth of -0.17%. Future job growth over the next ten years is predicted to be 33.16%.
Andover, MN Taxes
Andover, MN,sales tax rate is 6.50%. Income tax is 7.85%.
Andover, MN Income and Salaries
The income per capita is $34,656, which includes all adults and children. The median household income is $94,673.
Andover Economy SperlingViews
Andover is nice....: Andover is a nice city. The houses are a good buy and it is close to shopping and a lot of... (read more)Have an opinion about Andover? Leave a commentTo See All SperlingViews for Andover Click Here
