Living in Andover, Massachusetts
Cost of living, income, home prices, rent and demographics of Andover · Census data 2020–2024
Andover has 36,652 residents with a median age of 42.9. The median household income is $172,606 (66% higher than the Massachusetts median), the median home value is $855,600, the median rent is $2,201/month.
Andover at a glance
- Population
- 36,652
- Median age
- 42.9State: 40
- Median household income
- $172,606State: $103,960
- Median home value
- $855,600State: $562,100
- Median rent
- $2,201/moState: $1,762
- Homeowners
- 79.9%
- Bachelor's degree or higher
- 75.6%
- Average commute
- 29 min
Is Andover a good place to live?
Pros: Median household income 66% higher than the Massachusetts median; an average commute of 29 minutes; a poverty rate of 2.9%.
Cons: Home values 52% higher than the state median; unemployment of 5.6%.
The weather is best in June to September.
Cost of living in Andover
Housing is the biggest part of the cost of living. In Andover the median home value is $855,600, 157% higher than the U.S. median. Renters pay a median of $2,201 per month, which is 27.5% of household income. Homeowners with a mortgage pay $3,916 a month in housing costs.
Andover median household income
The median household income in Andover is $172,606 and the income per person is $86,714. 2.9% of residents live below the poverty line (Massachusetts: 10%).
Housing in Andover: homes for sale and rent
- Housing units
- 13,899
- Owner-occupied
- 79.9%
- Renter-occupied
- 20.1%
- Vacant
- 4.3%Includes seasonal homes
- Median year built
- 1973
- Average household size
- 2.62
Andover demographics
- Population
- 36,652
- Median age
- 42.9
- Under 18
- 23.6%
- 65 and older
- 16%
- Households
- 13,298
- Foreign-born
- 15.1%
- Veterans
- 3.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Andover ›
Education in Andover
75.6% of adults 25 and older in Andover have a bachelor's degree or higher (Massachusetts: 47.3%), and 42.6% have a graduate or professional degree.
Jobs and commute in Andover
- Unemployment rate
- 5.6%State: 5.2%
- Average commute
- 29 minState: 29 min
- Work from home
- 30.4%
- Drive alone
- 59.1%
- Public transit
- 2.4%
- Walk to work
- 3.3%
- Homes with broadband
- 97.4%
Andover vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Andover | 36,652 | $172,606 | $855,600 | $2,201 |
| Lawrence | 88,736 | $60,433 | $415,200 | $1,662 |
| North Andover | 31,490 | $140,670 | $732,900 | $2,223 |
| Tewksbury | 31,273 | $128,061 | $573,600 | $2,310 |
| Wilmington | 23,336 | $168,152 | $680,500 | $2,394 |
| North Reading | 15,765 | $147,768 | $710,500 | $2,259 |
| Methuen | 53,475 | $113,310 | $499,700 | $1,749 |
| Boxford | 8,208 | $200,871 | $907,000 | $776 |
| Dracut | 32,574 | $114,036 | $473,900 | $1,839 |
More for people moving to Andover
Andover ZIP code ›Weather and climate ›Living in Andover: FAQ
What is the median household income in Andover, MA?
The median household income in Andover is $172,606, 66% higher than the Massachusetts median of $103,960 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Andover?
The median home value in Andover is $855,600, compared with $562,100 in Massachusetts.
How much is rent in Andover?
The median gross rent in Andover is $2,201 per month, about 27.5% of household income.
Is Andover, MA a good place to live?
Pluses: median household income 66% higher than the Massachusetts median; an average commute of 29 minutes; a poverty rate of 2.9%. Minuses: home values 52% higher than the state median; unemployment of 5.6%.
What is the median age in Andover?
The median age in Andover is 42.9 years (Massachusetts: 40).
How long is the commute in Andover?
The average commute to work in Andover is 29 minutes; 30.4% of workers work from home.
What is the unemployment rate in Andover?
The unemployment rate in Andover is 5.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Andover?
75.6% of adults in Andover have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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