Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 40.5 yrs |
|---|---|
| Avg HH Size | 2.90 |
| Below Poverty | 3.6% ▼ 64% below avg |
| College Grads | 51.6% ▲ 33% above avg |
| Unemployment | 2.5% ▼ 49% below avg |
| No HS Diploma | 372 (1.1%) |
| HS Graduate | 6,810 (21%) |
| Some College | 2,937 (9.1%) |
| Associates | 5,540 (17.1%) |
| Bachelors | 4,646 (14.4%) |
| Graduate Degree | 12,070 (37.3%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $127,145 ▲ 67% above avg |
|---|---|
| Median Home Value | $402,600 ▲ 44% above avg |
| Home/Income Ratio | 3.2x (nat avg ~3.5x) |
| Median Rent | $1,628/mo |
| Total Housing Units | 17,318 |
| Vacant Units | 294 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Andover is a city in Minnesota, located in Anoka County. The city spans 1 ZIP code and is home to approximately 49,452 residents. It is a middle-aged city, with a median age of 40.5 years.
Economically, Andover is a upper-middle-income community. The median household income of $127,145 is significantly above the national average. Approximately 3.6% of residents live below the poverty line. The unemployment rate is 2.5%, below the national average.
The real estate market in Andover is a premium housing market. Median home values stand at $402,600, which is above the national average. Renters typically pay around $1,628 per month. Homeownership is high at 94.3%, typical of suburban and family-oriented communities.
The population of Andover is well-educated. 51.6% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (88.19%).
Andover, MN offers residents above-average earning potential within Minnesota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 55304 | 49,452 | $127,145 | $402,600 | $1,628 | 2.5% | 51.6% | 94.3% |