Andover, NY is a small town nestled in the countryside of Allegany County. It has a quiet charm that makes it an inviting place to live. The cost of living in Andover is lower than the US average, with 2 bedroom rent being only $760 per month. Groceries are also more affordable here, with the cost index being 95 compared to 100 nationally.
The town of Andover offers many local businesses such as Andover Arts Council, Farmers Insurance Agency, and Whitehead Realty LLC. There are also plenty of recreational activities to enjoy such as golfing at Andover Golf Course or hiking at Beaver Meadow Wildlife Management Area. With its low-cost living and range of activities available, Andover, NY is an ideal place to call home.
Andover has an unemployment rate of 6.2%. The US average is 6.0%.
Andover has seen the job market decrease by -2.1% over the last year. Future job growth over the next ten years is predicted to be 10.9%, which is lower than the US average of 33.5%.
Tax Rates for Andover
- The Sales Tax Rate for Andover is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Andover is 6.5%. 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 $22,100 a year. The US average is $28,555 a year.
- The Median household income of a Andover resident is $56,700 a year. The US average is $69,021 a year.