This data is based on ZIP code 14806.
The U.S. Census reports business data by ZIP code, not city boundaries. Some businesses just outside city limits may be included, and vice versa.
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Andover ZIP Area Economy · 2023
Wages +40% vs. avg. Allegany Co. town
Andover's ZIP area supports 261 jobs across 27 businesses, with workers earning an average of $59K per year, 40% above the Allegany County average. The economy is well-diversified (0.95 index), led by retail trade and manufacturing. 92.6% of businesses have fewer than 20 employees, and each business employs an average of 9.7 people. Jobs grew 13% from the prior year while business count declined 3.6%.
Where Businesses Clusteri
Larger blocks have more businesses.
Local Specialization vs. Allegany Avg.i
Industries sorted by relative concentration in this ZIP area.
Business Size Distributioni
27 businesses by employee count. 92.6% are small businesses (under 20 employees).
Micro (<5)
Small (5-9)
Small (10-19)
Economic Densityi
0.29
jobs per resident
9.7
employees per business
County avg: 14.1-32%
$17K
payroll per resident
$572K
payroll per business
Andover ZIP Area vs. Avg. Allegany Co. Towni
All Industries in ZIP Areai
| Sector | Andover ZIP | Avg. Allegany Co. | Spec. |
|---|---|---|---|
| Retail Trade | 8 | 15 | 1.6x |
| Manufacturing | 5 | 3 | 4.9x |
| Other Services | 4 | 14 | 0.8x |
| Transportation | 3 | 1 | 8.8x |