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The median household income in Andover town was $111,073 in 2021, which marked an a decrease of 1,617(1.43%) from $112,690 in 2020. This income is 148.88% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Andover town sees its highest median household income among householders in the age group of 45 to 64 years old, at $132,327. Overall, the median household income for the town of Andover town stands at $111,073.
In Andover town, the median income for all workers aged 15 years and older, regardless of work hours, was $50,572 for males and $45,322 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $80,711 for males and $65,210 for females.
In Andover town, population is primarily represented by White households, reporting a median income of $110,085.
In 2021, the population of Andover town was 3,133, a 0.10% increase year-by-year from 2020. Previously, in 2020, Andover town's population was 3,130, a decline of 3.28% compared to a population of 3,236 in 2019.
The median age in Andover, Connecticut is 50.0, as per 2021 ACS 5-Year Estimates. Of the total population, 12.78% were under the age of 15, 18.68% aged 15 to 29, 48.43% aged 30 to 64, 19.81% aged 65 to 84, and 0.30% were 85 years of age and older.
The total population of Andover town is estimated to be 2,998 with 1,472 males (49.10%) and 1,526 females (50.90%). There are 54 more females than males in Andover town.
Racial distribution of Andover town population: 91.73% are White, 1.63% are Black or African American, 1.57% are Asian and 5.07% are multiracial.