Andover, MA
Maps & Population Facts
Population
35,375
Population Density
1,148
Labor Participaton
67.0%
Bachelor's or Higher
73.7%
Median Household Income
$143,292
Median Individual Income
$66,531
Median Individual Income(Full-time Workers Only)
$102,505
Housing Estimates
Median House Value
$603,700
Median Gross Rent
$1,423
Median Mortgage Payment
$3,042
Housing Units
12,850
People who reside in Andover live in:
Detached - Single Family Homes
71%
Apt, Condo, Other
29%
Analysis
Income
Households in Andover earn significantly more money than the national median income, averaging 1.37% higher per household.
Housing
Andover has a median house price of $603,700, which makes it one of the most expensive places in the United States to own property. The cost of renting in Andover is 41% more than the national average.
| Percent | |
|---|---|
| Renter Occupied Households | 38% |
| New Construction (Built after 2000) | 10% |
Demographics
The median age in Andover is 42. Andover has a population that is older than in comparison to the US median age.
Andover ranks in the highest of the nation for having an educated population with more college graduates per resident than most areas.
Housing Data
Housing Comparison
| Andover | Massachusetts | USA | |
| Median Property Value | 603,700 | 385,400 | 217,600 |
| Median Mortgage Payment | 3,042 | 2,108 | 1,513 |
| Median Gross Rent | 1,423 | 1,208 | 1,012 |
| Property Vacancy | 3.7% | 10.0% | 12.6% |
| % Renters | 20% | 38% | 36% |
| Residents per Sq. Mi. | 1,148 | 885 | 93 |
Personal Comparison
| Andover | Massachusetts | USA | |
| Median Household Income | 143,292 | 77,385 | 60,336 |
| Median Individual Income | 66,531 | 41,700 | 33,646 |
| Median Income (Full-Time) | 102,505 | 60,923 | 46,881 |
| Median Age | 42.3 | 39.5 | 38.1 |
| Labor Participation | 67.0% | 67.8% | 62.8% |
| Attained College Degree | 73.7% | 43.4% | 32.0% |
Population Density Analysis
Andover, MA
1,148
Residents per Sq. Mile
The population density of Andover is comparable to that of a Suburban Area.
Major City
10,000 Residents +
Mid-Sized City
5,000 Residents +
Small City
2,500 Residents +
Suburban
500 Residents +
Rural
100 Residents +
Remote
1 Residents +