Andover, KS is a small city located in the state of Kansas. The cost of living is relatively low compared to other cities in the US. The average 2 bedroom rent is approximately $1,370 while the US average 2 bedroom rent is around $1,430. Grocery costs are also below the national average at 99 versus 100 in the US. \nThe economy in Andover is driven by several major companies including Day & Zimmermann Group, LKQ Corporation and Computer Task Group Incorporated. Other employers include Arconic Incorporated and Frito-Lay Incorporated. These companies provide citizens with numerous employment opportunities as well as community services and support for local families.
Andover has an unemployment rate of 4.2%. The US average is 6.0%.
Andover has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 25.4%, which is lower than the US average of 33.5%.
Tax Rates for Andover
- The Sales Tax Rate for Andover is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Andover is 5.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Andover
- The average income of a Andover resident is $33,863 a year. The US average is $28,555 a year.
- The Median household income of a Andover resident is $103,383 a year. The US average is $69,021 a year.