Andover township, New Jersey Unemployment

Andover township, New Jersey has a population of 6,128, with a median household income of $121,114.

Current unemployment data for Andover township.

2.40%

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Population

6,128

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Median Income

$121,114

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Unemployment

2.40%

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Housing Price

$442,771

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Crime Rate

0.40

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Internet Speed

236.40 Mbps

Andover township is a small local community located in New Jersey. The city has a population that is below the average city population in New Jersey, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Andover township is a notable city in New Jersey, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Andover township has a population of 6,128, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Andover township is $121,114, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

The average housing price in Andover township is about $442,771, making it relatively affordable compared to many cities in New Jersey.

Employment and Safety

The unemployment rate in Andover township is 2.40%, which is lower than the state average, indicating a relatively strong job market. Crime rates in Andover township are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in New Jersey, Andover township shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Overall, Andover township offers a balanced mix of economic conditions, population trends, and housing opportunities within New Jersey.

Frequently Asked Questions about Andover township

What is the population of Andover township?

The population of Andover township is approximately 6,128.

Is Andover township a good place to live?

Andover township offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Andover township?

The median household income in Andover township is around $121,114.

How expensive is housing in Andover township?

The average housing price in Andover township is approximately $442,771.