Zip 06232 (Andover, CT) Economy


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Andover, CT is a small town located in Litchfield County with an estimated population of 2,491. The median two bedroom rent in Andover is $1,100 per month, which is about 24% lower than the US average at $1,430/month. Additionally, the Grocery Cost Index in Andover is 106 compared to the US average of 100. There are several businesses located in Andover, including Nodine’s Smokehouse which produces smoked meats and cheeses from their smokehouse located nearby on Route 8; Connecticut Crown Caterers who offers catering services for any occasion; and North Ridge Dairy Farm.

Andover (zip 06232) has an unemployment rate of 6.8%. The US average is 6.0%.

Andover (zip 06232) has seen the job market decrease by -6.2% over the last year. Future job growth over the next ten years is predicted to be 30.6%, which is lower than the US average of 33.5%.

Tax Rates for Andover (zip 06232)
- The Sales Tax Rate for Andover (zip 06232) is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Andover (zip 06232) is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Andover (zip 06232)
- The average income of a Andover (zip 06232) resident is $48,519 a year. The US average is $37,638 a year.
- The Median household income of a Andover (zip 06232) resident is $102,759 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAndover, ConnecticutUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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