Zip 52701 (Andover, IA) Economy


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Andover, Iowa (52701) is a small city located in the heart of Iowa with a population of 1,246 people. It is known for its rural beauty and close proximity to larger cities like Davenport, IA and Moline, IL. The average 2 Bedroom rent in Andover is $830 compared to the US average of $1430. Additionally, the grocery cost index in Andover is 93 compared to 100 in the US.
The city features some local businesses such as Rapids Auto & Tire - servicing all makes and models of vehicles, Toni’s Nails & Spa - where pampering abounds, Ross Chiropractic Clinic - helping residents find relief from pain without medications or surgery; Corner Café - providing Andover with homemade food since 1998 and Buell Sporting Goods where you can find everything from camping equipment to firearms.

Andover (zip 52701) has an unemployment rate of 5.5%. The US average is 6.0%.

Andover (zip 52701) has seen the job market decrease by -7.7% over the last year. Future job growth over the next ten years is predicted to be 15.4%, which is lower than the US average of 33.5%.

Tax Rates for Andover (zip 52701)
- The Sales Tax Rate for Andover (zip 52701) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Andover (zip 52701) is 9.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Andover (zip 52701)
- The average income of a Andover (zip 52701) resident is $22,173 a year. The US average is $37,638 a year.
- The Median household income of a Andover (zip 52701) resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAndover, IowaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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