equestId":"c5f037fa-a8a1-4e26-9044-e2eb7f2fded0","resource":"content","data":[{"id":"txt_e259a71433bc497e874aa7571377d5fc","text":"\n01845 North Andover, MA is a great place to live for those looking for a 2 bedroom rental. The rent in this area is significantly higher than the US average at $2,340 compared to just $1,430. However, the grocery cost index in this suburb is 111 compared to 100 in the US, which helps offset some of the extra rental cost. In addition to its reasonable cost of living, there are plenty of local businesses residents can enjoy. Some of the notable companies based in North Andover, MA are LogMeIn Inc., Stoneham Bank, Boston Components Group, and Quadrant Engineering Plastic Products Inc.
North Andover (zip 01845) has an unemployment rate of 4.9%. The US average is 6.0%.
North Andover (zip 01845) has seen the job market decrease by -8.8% over the last year. Future job growth over the next ten years is predicted to be 44.7%, which is higher than the US average of 33.5%.
Tax Rates for North Andover (zip 01845)
- The Sales Tax Rate for North Andover (zip 01845) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for North Andover (zip 01845) is 5.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for North Andover (zip 01845)
- The average income of a North Andover (zip 01845) resident is $58,170 a year. The US average is $37,638 a year.
- The Median household income of a North Andover (zip 01845) resident is $120,954 a year. The US average is $69,021 a year.