Andover town, SD is a great place to live for those looking for affordability. The average two bedroom rent in the area is only $840 compared to the US rate of $1,430. Grocery costs are also lower in the area with an index rate of 97 versus 100 in the US. Residents can enjoy all that the town has to offer including local companies like Back Creek Bike & Outdoors, Andover Station Café, and Rexford Machine Inc. There are plenty of natural sites to explore such as White Mountain National Forest and Franconia Notch State Park. Outdoor enthusiasts can take part in a variety of recreational activities such as snowmobiling, hiking, biking, and skiing. With so many things to do and affordable living costs, Andover town is an attractive place to call home.
Andover has an unemployment rate of 5.5%. The US average is 6.0%.
Andover has seen the job market decrease by -2.5% over the last year. Future job growth over the next ten years is predicted to be 22.1%, which is lower than the US average of 33.5%.
Tax Rates for Andover
- The Sales Tax Rate for Andover is 4.5%. 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 $31,593 a year. The US average is $37,638 a year.
- The Median household income of a Andover resident is $42,500 a year. The US average is $69,021 a year.