The City of Andover
Overview
There is a well kept secret in Anoka County, a place with a rapidly growing population, a place where businesses have room to expand. The City of Andover is a new and exciting place to live and do business and will be for many years to come.
Commercial Transportation
There area has two interstates within 12 miles 1-35 and 1-694, which has a load limit of 10 tons. There are also two four lane highways, MN-65 and US-10 That are located within 4 miles of the city.
Commercial Property
There were 19 commercial building permits valued 10,605,619 in 2002. In 2008 there was assessed market value of over 2.5 billion dollars on commercial property. The tax rate was
Tax Rates
In 2008, the municipal tax rate was 31.39% and the county tax rate was 31.45%
Demographics
Andovers city population was spread out with 35.5% under the age of 18, 6.0% from 18 to 24, 36.4% from 25 to 44, 19.2% from 45 to 64, and 2.9% who were 65 years of age or older. The median income for a household in the city was $76,241, and the median income for a family was $78,785 and 1.2% of families and 2% of the population was below the poverty line.