Last updated: 2024 BLS data · Page refreshed:
Andover has a population of 9,451 with a median age of 42.7. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 9,451 |
| Median Age | 42.7 |
| White | 80.7% |
| Black or African American | 2.6% |
| Asian | 8.3% |
| Hispanic or Latino | 6.9% |
| Other / Two or More Races | 1.5% |
The median household income in Andover is $126,563, which is 57.0% above the national median of $80,610. The per capita income is $70,489. The poverty rate is 6.2%.
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In Andover, 94.0% of residents age 25+ have a high school diploma or higher, and 68.1% hold a bachelor's degree or higher (39.7% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 94.0% |
| Bachelor's Degree or Higher | 68.1% |
| Graduate or Professional Degree | 39.7% |
The median home value in Andover is $726,100, above the national median of $303,400. The median monthly rent is $1,759. The homeownership rate is 66.1%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $726,100 |
| Median Monthly Rent | $1,759 |
| Homeownership Rate | 66.1% |
| Vacancy Rate | 10.1% |
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