Economy & Jobs — Andover, Massachusetts

Income & Employment

Median Household Income (Census)$126,563
Estimated 2026~$144,800
Per Capita Income$70,374
Poverty Rate6.2%
Unemployment Rate9.1%
In Labor Force5,042

Top Industries

IndustryShare
Education Healthcare32.5%
Professional17.3%
Manufacturing10.8%

Local Businesses (County)

TypeCount
Full Service Restaurants690
Fast Food597
Law Offices442
Dental Offices381
Beauty Salons329
Physician Offices275
Coffee Shops256
Child Day Care239
Insurance Agencies234
Real Estate Offices198
Convenience Stores194
Auto Repair194
Grocery Stores178
Liquor Stores155
Commercial Banks151
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.