Economy & Jobs — Andover, Minnesota
Income & Employment
| Median Household Income (Census) | $137,593 |
|---|
| Estimated 2026 | ~$149,900 |
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| Per Capita Income | $52,458 |
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| Poverty Rate | 3.3% |
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| Unemployment Rate | 2.8% |
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| In Labor Force | 18,390 |
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Top Industries
| Industry | Share |
|---|
| Education Healthcare | 22.8% |
| Manufacturing | 14.4% |
| Retail | 13.1% |
Local Businesses (County)
| Type | Count |
|---|
| Real Estate Offices | 246 |
| Fast Food | 239 |
| Insurance Agencies | 169 |
| Full Service Restaurants | 161 |
| Auto Repair | 136 |
| Dental Offices | 104 |
| Gas Stations | 103 |
| Child Day Care | 84 |
| Beauty Salons | 80 |
| Physician Offices | 76 |
| Chiropractors | 73 |
| Home Health | 64 |
| Commercial Banks | 58 |
| Coffee Shops | 58 |
| Used Car Dealers | 45 |
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.
