North Andover is in Essex County, Massachusetts .North Andover’s development was varied, with much of the land along the Shawsheen and Merrimack being concerned with industry, and the lands southwest being more agricultural. Many different mills were located in the town, as well as the the companies Western Electric Company and AT&T’s manufacturing division. They have supplied telephone machinery for many years before it was split up by AT&T into the new company. Today North Andover is considered a bedroom community of the Boston area.
Population of the town of North Andover is 28,352. The real estate profile is 9,724 households, and 6,904 families residing in the town. The population density was 1,020.7 inhabitants per square mile (394.1/km2). There were 9,943 housing units at an average density of 373.1 per square mile (144.1/km2).
The racial background of the town is 93.67% White, 0.72% African American, 3.96% Asian, 0.05% Native American, and 0.74% from other races.
The median income for a household in the town was $87,076, and the median income for a family was $113,796. The per capita income for the town was $34,335. 2.9% of the population and 2.1% of families were below the poverty line. 2.7% of those under the age of 18 and 4.1% of those 65 and older.
North Andover, MA Multi-family Property Market Data for 2017
The following set of numbers are the key indicators for the North Andover multifamily market. The city of North Andover has roughly 533 properties according public records. We will update this list on a monthly basis with the three primary market drivers. To view North Andover listings click here.