Living in Andover, Minnesota
Cost of living, income, home prices, rent and demographics of Andover · Census data 2020–2024
Andover has 33,035 residents with a median age of 39.6. The median household income is $137,593 (54% higher than the Minnesota median), the median home value is $410,200, the median rent is $2,037/month.
Andover at a glance
- Population
- 33,035
- Median age
- 39.6State: 38.8
- Median household income
- $137,593State: $89,062
- Median home value
- $410,200State: $329,300
- Median rent
- $2,037/moState: $1,280
- Homeowners
- 94.1%
- Bachelor's degree or higher
- 38.2%
- Average commute
- 25 min
Is Andover a good place to live?
Pros: Median household income 54% higher than the Minnesota median; unemployment of 2.8%; a poverty rate of 3.3%.
Cons: Home values 25% higher than the state median; an average commute of 25 minutes.
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 $410,200, 23% higher than the U.S. median. Renters pay a median of $2,037 per month, which is 35.3% of household income. Homeowners with a mortgage pay $2,231 a month in housing costs.
Andover median household income
The median household income in Andover is $137,593 and the income per person is $53,379. 3.3% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Andover: homes for sale and rent
- Housing units
- 11,157
- Owner-occupied
- 94.1%
- Renter-occupied
- 5.9%
- Vacant
- 1.7%Includes seasonal homes
- Median year built
- 1994
- Average household size
- 3.00
Andover demographics
- Population
- 33,035
- Median age
- 39.6
- Under 18
- 25.9%
- 65 and older
- 15.4%
- Households
- 10,970
- Foreign-born
- 5.9%
- Veterans
- 7.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Andover ›
Education in Andover
38.2% of adults 25 and older in Andover have a bachelor's degree or higher (Minnesota: 39.4%), and 10.8% have a graduate or professional degree.
Jobs and commute in Andover
- Unemployment rate
- 2.8%State: 4.1%
- Average commute
- 25 minState: 23 min
- Work from home
- 20.7%
- Drive alone
- 72.8%
- Public transit
- 0.3%
- Walk to work
- 0.4%
- Homes with broadband
- 96.3%
Andover vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Andover | 33,035 | $137,593 | $410,200 | $2,037 |
| Anoka | 17,970 | $75,948 | $308,700 | $1,269 |
| Coon Rapids | 63,468 | $88,251 | $305,800 | $1,494 |
| Ramsey | 28,421 | $116,415 | $359,600 | $1,826 |
| Champlin | 23,294 | $116,102 | $358,700 | $1,689 |
| Oak Grove | 9,130 | $117,696 | $423,300 | $2,042 |
| Ham Lake | 16,702 | $120,135 | $442,500 | $1,173 |
| Dayton | 9,095 | $148,947 | $511,300 | $1,651 |
| Nowthen | 4,538 | $160,417 | $460,000 | — |
More for people moving to Andover
Andover ZIP code ›Weather and climate ›Living in Andover: FAQ
What is the median household income in Andover, MN?
The median household income in Andover is $137,593, 54% higher than the Minnesota median of $89,062 (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 $410,200, compared with $329,300 in Minnesota.
How much is rent in Andover?
The median gross rent in Andover is $2,037 per month, about 35.3% of household income.
Is Andover, MN a good place to live?
Pluses: median household income 54% higher than the Minnesota median; unemployment of 2.8%; a poverty rate of 3.3%. Minuses: home values 25% higher than the state median; an average commute of 25 minutes.
What is the median age in Andover?
The median age in Andover is 39.6 years (Minnesota: 38.8).
How long is the commute in Andover?
The average commute to work in Andover is 25 minutes; 20.7% of workers work from home.
What is the unemployment rate in Andover?
The unemployment rate in Andover is 2.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Andover?
38.2% 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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