Andover, ME (04216) is a small town located in western Maine. It is known for its culture, history, and outdoor activities. With a population of just over 2,000 people, Andover offers a peaceful lifestyle and is especially attractive to those looking for more affordable housing. The average two bedroom rental in Andover is $970 compared to the US average of $1,430. Also, the Grocery Cost Index in Andover is 105 compared to 100 in the US – indicating that groceries are only slightly more expensive than normal. \nThere are many local businesses that contribute to Andover’s economy including Taylor Ford Lincoln, which has been serving customers since 1947; Bailey’s Auto Detailing LLC; Andover Country Store; and Norm’s Paint & Wallpaper Inc., all providing goods and services to the community. Overall, Andover offers a great quality of life with good amenities at an affordable price point – making it an ideal place for families or individuals looking to settle down in Maine.
Andover (zip 04216) has an unemployment rate of 6.6%. The US average is 6.0%.
Andover (zip 04216) has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 31.1%, which is lower than the US average of 33.5%.
Tax Rates for Andover (zip 04216)
- The Sales Tax Rate for Andover (zip 04216) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Andover (zip 04216) is 7.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Andover (zip 04216)
- The average income of a Andover (zip 04216) resident is $18,676 a year. The US average is $28,555 a year.
- The Median household income of a Andover (zip 04216) resident is $42,188 a year. The US average is $69,021 a year.