Andover, NH is a small town located in Merrimack County with a population of 2,362 people (as of 2017). The town offers a peaceful atmosphere with stunning views of the White Mountain National Forest. \nResidents of Andover enjoy many amenities including local shops, restaurants, and parks. Some popular local companies include Sun Foods Inc., William Larkin Ltd., and Yankee Canning Company. \nThe cost of living in Andover is slightly above average when compared to the rest of the United States. The median rent for a two-bedroom is $1,390 while the US median is $1,430. Food costs are also higher in Andover with the grocery index at 105 versus 100 across the country. All things considered, residents of Andover enjoy their unique location and quality services that come along with living in this small town.
Andover has an unemployment rate of 2.7%. The US average is 6.0%.
Andover has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 31.4%, which is lower than the US average of 33.5%.
Tax Rates for Andover
- The Sales Tax Rate for Andover is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Andover is 0.0%. 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 $30,241 a year. The US average is $28,555 a year.
- The Median household income of a Andover resident is $82,083 a year. The US average is $69,021 a year.