Zip 03231 (East Andover, NH) Economy


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United States / New Hampshire / Concord Metro Area / Merrimack County / No City / East Andover (zip 03231)
03231 East Andover, NH is a small town located in the southeastern corner of New Hampshire. It is home to many local businesses such as Andover Country Store, The Bobcat Café, and The Puddle Jumper. The area offers several housing options including single family homes, apartments, and condos. 2 Bedroom Rent in 03231 East Andover is $1,640 which is slightly higher than the US average of $1,430. In addition to rent expenses, residents will find that grocery cost index in this town is 107 versus 100 in the US. This means that groceries are 7% more expensive than the national average due to limited availability or higher demand for certain items. All things considered 03231 East Andover is an affordable community with plenty of amenities for those looking to move into the area.

East Andover (zip 03231) has an unemployment rate of 3.0%. The US average is 6.0%.

East Andover (zip 03231) 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 East Andover (zip 03231)
- The Sales Tax Rate for East Andover (zip 03231) is 0.0%. The US average is 7.3%.
- The Income Tax Rate for East Andover (zip 03231) 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 East Andover (zip 03231)
- The average income of a East Andover (zip 03231) resident is $29,204 a year. The US average is $28,555 a year.
- The Median household income of a East Andover (zip 03231) resident is $90,804 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyEast Andover, New HampshireUnited States
  36
  -5.0%-6.2%
  31.4%33.5%
  0.0%6.2%
  0.0%4.6%
  $49,299$37,638
  $90,804$69,021
  $126,705$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  0.0%6.8%
  65.9%10.0%
  0.0%2.5%
  0.0%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  34.1%9.3%
  0.0%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  0.0%4.7%
Health