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Andover, Minnesota Demographics & Population 2026

During the 2020–2024 ACS period, Andover, Minnesota had a total population of 33,035, the 29th largest city in Minnesota, with a median household income of $137,593, which is 54% higher than the state average. The poverty rate is 3.3%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Andover Quick Facts

Population 33,035
Median Household Income $137,593
Median Home Value $410,200
Poverty Rate 3.3%
Unemployment Rate 2.8%
Median Age 39.6 years
Homeownership Rate 94.1%
Affordability Ratio 3.0x
Bachelor's Degree or Higher 38.2%
High School Graduation Rate 96.2%
Diversity Index 26/100
Population 33,035 29th of 914
Median Income $137,593 top 10%
Poverty Rate 3.3% 73% lower than national
Median Home Value $410,200 top 10%

How Andover Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population32,82533,035+0.6%
Median household income$131,528$137,593+4.6%
Median home value$389,200$410,200+5.4%

How Andover Compares

Economy & Housing

Household Income Distribution

Under $25K 4.5%
$25K-$50K 6.2%
$50K-$100K 19.9%
$100K+ 69.4%
Detailed income brackets
Under $10K
1.7%
$10K-$15K
0.7%
$15K-$20K
1.0%
$20K-$25K
1.1%
$25K-$30K
0.8%
$30K-$35K
0.8%
$35K-$40K
1.7%
$40K-$45K
1.2%
$45K-$50K
1.8%
$50K-$60K
4.9%
$60K-$75K
4.2%
$75K-$100K
10.9%
$100K-$125K
13.4%
$125K-$150K
12.2%
$150K-$200K
21.0%
$200K+
22.8%

Employment

2.8% Unemployment Rate State: 4.1%|National: 5.2%
72.0% Labor Force Participation

Housing Overview

Owner 94.1%
Renter 5.9%
Affordability Index Affordable
3.0x home value to income ratio
Median gross rent $2,037/mo 17.8% of median household income annually

People & Demographics

Diversity Index

26out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 41 | National average: 61

Education

Andover Rankings in Minnesota

#29 Population of 914
#35 Median Income of 887
#131 Education of 914
#70 Home Value of 870

Other Cities in Anoka County

CityPopulationMedian IncomePovertyHome Value
Coon Rapids 63,468 $88,251 8.2% $305,800
Fridley 30,241 $77,680 11.9% $302,900
Ramsey 28,421 $116,415 4.1% $359,600
Columbia Heights 22,155 $73,691 16.3% $277,600
Lino Lakes 22,113 $127,181 2.7% $407,200
Anoka 17,970 $75,948 8.3% $308,700
Ham Lake 16,702 $120,135 4.0% $442,500
East Bethel 12,115 $110,000 3.2% $363,900
Oak Grove 9,130 $117,696 1.7% $423,300
St. Francis 8,372 $111,198 7.1% $327,600

Cities Similar to Andover

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Savage32,889$125,513$432,30053.7%5.8%
Prior Lake28,016$134,255$450,70052.4%3.1%
Rosemount27,562$129,625$424,10051.6%3.0%
Ramsey28,421$116,415$359,60034.4%4.1%
Inver Grove Heights35,906$101,316$363,40043.5%4.9%

Population Overview

Andover is a mid-sized community located in Minnesota, within Anoka County. The total population is 33,035. It ranks as the 29th most populous out of 914 Census-designated places in Minnesota.

Age Demographics

The median age in Andover is 39.6 years. This is 2% higher than the state median of 38.8 years.

Economy, Income & Housing

The median household income in Andover is $137,593. This is 54% higher than the state median of $89,062. It is also 70% higher than the national median of $80,734. The poverty rate stands at 3.3%. This is 65% lower than the state poverty rate of 9.3%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 2.8%. This is 30% lower than the state rate of 4.1%. The median home value is $410,200. Housing costs are 25% higher than the state median of $329,300. The home-value-to-income ratio is 3.0x. 94.1% of occupied housing units are owner-occupied. This homeownership rate is 30% higher than the state average of 72.2%.

Race & Ethnicity

Andover has a predominantly White (non-Hispanic) population, comprising 85.7% of all residents. Black or African American residents account for 4.6%. The Hispanic or Latino population (2.7%) is well below the state average of 6.4%.

Education

38.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 3% lower than the state rate of 39.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 96.2%.

Data Sources & Methodology

All demographic data for Andover, Minnesota is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 914 Census-designated places in Minnesota. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

Free data download: Get all Minnesota city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Andover, Minnesota?

Andover, Minnesota has a population of 33,035 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Andover, MN?

The median household income in Andover is $137,593, which is 70% higher than the national median of $80,734.

What is the poverty rate in Andover, MN?

The poverty rate in Andover is 3.3%. This means approximately 1,088 residents live below the federal poverty line.

What is the racial makeup of Andover, Minnesota?

Andover's population is 85.7% White, 4.6% Black, 2.7% Hispanic/Latino, and 3.0% Asian.

What is the median home value in Andover, MN?

The median home value in Andover is $410,200. The home-value-to-income ratio is 3.0x.

How educated is Andover, Minnesota?

38.2% of adults (25+) in Andover hold a bachelor's degree or higher, and 10.8% hold a graduate or professional degree.