Andover is a small town located in the southern part of New Hampshire, boasting a population of just over 3,000. It's a great place to live for those looking for an affordable cost of living with easy access to larger towns like Manchester and Nashua. The average 2 bedroom rent in Andover is $1,430 which is on par with the US average. Grocery costs in Andover are slightly higher at 105 compared to the US index of 100.
As far as businesses go, there are many local companies in Andover that contribute to its economy such as Andover Garden Center & Landscaping Inc., The Towne Tavern Restaurant & Bar and Lavoie's Auto Service & Tire Center. There are also small shops like Crafty Blossom Boutique and more that make up the local atmosphere. All-in-all, Andover offers a slow-paced rural lifestyle combined with an affordable cost of living making it an ideal place to call home.
Andover (zip 03216) has an unemployment rate of 3.0%. The US average is 6.0%.
Andover (zip 03216) 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 Andover (zip 03216)
- The Sales Tax Rate for Andover (zip 03216) is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Andover (zip 03216) 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 Andover (zip 03216)
- The average income of a Andover (zip 03216) resident is $30,395 a year. The US average is $28,555 a year.
- The Median household income of a Andover (zip 03216) resident is $81,333 a year. The US average is $69,021 a year.