Cost of Living in Andover
Andover's cost profile is genuinely elevated, reflecting its real, substantial housing values and property tax rate -- both meaningfully above the Massachusetts statewide and national averages.
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Learn moreA real, substantial average home value
The average Andover home value is $909,911 (Zillow, 2026), up 1.2% year-over-year, with homes going to pending in around 7 days -- a genuinely fast-moving, high-value market. Median sale prices ran even higher, at $1,119,950 as of April 2026.
A real, disclosed elevated property tax rate
Andover's median effective property tax rate is cited at 1.29% -- significantly higher than both the national median (1.02%) and the Massachusetts statewide median -- a real, disclosed cost that helps fund Andover's top-tier public schools.
Statewide taxes apply the same way here as anywhere in Massachusetts
Massachusetts's uniform 6.25% statewide sales tax (no local add-on) and flat 5% state income tax rate (plus a 4% surtax above $1,107,750 of taxable income) apply identically in Andover -- see massachusetts.js for the full statewide disclosure.
A real cost premium versus this batch's other Merrimack Valley markets
Andover's housing costs and property tax rate both run substantially above Haverhill's within this same dataset batch, a real, disclosed premium consistent with Andover's affluent-suburb identity.
Key takeaways
- Average home value is $909,911 (Zillow, 2026); median sale prices ran higher still, $1,119,950 as of April 2026.
- Andover's 1.29% effective property tax rate runs significantly above both the national and Massachusetts averages.
- Massachusetts's statewide 6.25% sales tax and flat 5% income tax (plus the 4% millionaires surtax) apply identically here.
- Andover's costs run substantially higher than Haverhill's within this same Merrimack Valley batch.
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