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The total population of Andover township is estimated to be 6,020 with 2,890 males (48.01%) and 3,130 females (51.99%). There are 240 more females than males in Andover township.
The median household income in Andover township was $126,016 in 2021, which marked an a decrease of 3,102(2.40%) from $129,118 in 2020. This income is 168.91% 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 township sees its highest median household income among householders in the age group of 45 to 64 years old, at $168,442. Overall, the median household income for the township of Andover township stands at $126,016.
In Andover township, the median income for all workers aged 15 years and older, regardless of work hours, was $55,096 for males and $40,135 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $105,903 for males and $82,051 for females.
In Andover township, there are just three different racial groups among households. Among these, Asian households report a median household income of $270,229, followed by Two or More Races households at $270,229, and White households with a median household income of $113,442.
In 2022, the population of Andover township was 6,081, a 0.38% increase year-by-year from 2021. Previously, in 2021, Andover township's population was 6,058, an increase of 1.24% compared to a population of 5,984 in 2020.
The median age in Andover Township, New Jersey is 49.5, as per 2021 ACS 5-Year Estimates. Of the total population, 10.44% were under the age of 15, 17.20% aged 15 to 29, 50.04% aged 30 to 64, 20.17% aged 65 to 84, and 2.15% were 85 years of age and older.
Racial distribution of Andover township population: 88.04% are White, 1.69% are Black or African American, 4.84% are Asian, 1.81% are some other race and 3.62% are multiracial.