Andover, KS Cost of Living: Housing, Income, and Market Trends

4 min readUpdated 2026-04-06

Discover the financial landscape of Andover, KS, where a median income of $106,676 supports a high quality of life and a robust real estate market.

Andover at a Glance

population

15,508

median income

106,676

median home value

272,600

Housing Costs

Andover, KS maintains a distinct position in the Kansas housing market with a median home value of $272,600. This valuation reflects the city’s reputation as a premium residential destination within the Wichita metropolitan area. Prospective homeowners in the region often prioritize Andover due to its stable property appreciation rates and the availability of modern, single-family housing developments that appeal to both young professionals and established families seeking safety and community amenities. When compared to the broader Kansas real estate landscape, these figures signify a market that is accessible yet anchored by steady demand, ensuring that investments in property remain relatively secure over the long term.

For those evaluating the cost of entry, the $272,600 median home value provides a baseline for understanding the affordability of the local market. Residents often find that the value delivered through the school district and municipal services offsets the higher price point when compared to more rural or economically stagnant regions of the state. Unlike Abilene, KS, which presents a more modest housing cost profile, Andover is characterized by larger lots and more recent construction, which accounts for the variation in the pricing tiers observed by analysts tracking regional equity.

Income & Wages

With a median income of $106,676, Andover stands out as an affluent enclave in Butler County. This income level is significantly higher than both state and national averages, which directly correlates with the city’s ability to fund high-quality infrastructure and school systems. This robust earning potential is largely driven by the proximity to major aerospace, manufacturing, and health care employers in the neighboring Wichita area, allowing residents to benefit from high-paying corporate roles while enjoying the suburban tranquility of a city with 15,508 residents.

The economic vitality found here is a primary driver for the local service sector and small businesses. Because residents have a higher level of disposable income, local retail and hospitality establishments can sustain a diverse range of offerings that might struggle in lower-income municipalities. This economic resilience creates a cycle of growth where high-earning households attract premium services, which in turn maintains the desirability of the city as a place to reside. While smaller or more industrial cities like Arkansas City, KS operate with different economic pressures, Andover’s income floor provides a significant buffer against typical regional economic volatility.

Cost of Living Breakdown

While housing is a substantial part of the financial equation, the overall cost of living in Andover is heavily influenced by the balance between high household income and local municipal efficiency. Residents benefit from being part of a community of 15,508 people, which is large enough to support essential services but small enough to maintain low overhead costs. When looking at daily expenses, the cost of groceries, transportation, and utilities in this part of Kansas remains relatively predictable, generally tracking with or slightly above the state average, yet remaining well below the national coastal averages.

Understanding the cost of living also requires acknowledging the trade-offs involved in suburban living. While gasoline and vehicle maintenance expenses are typical for a commuter-heavy population, the lack of a major urban traffic density helps preserve the longevity of vehicles and reduces insurance risk factors. Furthermore, municipal taxes in Andover are structured to support the high standard of living, including well-maintained parks and public safety departments, which are essential for families prioritizing a specific lifestyle. In cities like Atchison, KS, the cost drivers may lean more toward legacy maintenance of older infrastructure, whereas Andover’s costs are largely driven by forward-looking investments in new development and growth.

How It Compares to Nearby Cities

Andover exists in a unique niche within the region, standing out when compared to nearby alternatives. For example, Augusta, KS provides a different lifestyle proposition with potentially lower housing entry points but also different economic dynamics. For those deciding where to settle, the contrast is stark; Andover’s median income of $106,676 acts as a primary filter for those seeking a high-equity environment. Meanwhile, residents exploring Bel Aire, KS will notice similar suburban growth patterns, though the specific demographic and housing stock composition in Andover remains uniquely competitive for families.

Regional comparisons are essential for a complete analysis. Towns like Chanute, KS or Coffeyville, KS offer vastly different cost-of-living metrics that cater to different economic stages of life. While those cities provide affordable living, Andover attracts a demographic that is willing to trade a higher median home value of $272,600 for the amenities and income-earning environment that the city provides. Whether comparing against Basehor, KS or Bonner Springs, KS, the consistency of Andover’s housing value and income data suggests a city that has successfully branded itself as a premium, family-oriented destination in the heart of Kansas.

Is It Worth Living Here?

Deciding to move to Andover depends on one's personal financial goals and preference for a quiet, high-income community. With a population of 15,508, the city achieves a "Goldilocks" size—large enough to feel modern and prosperous, yet intimate enough to foster a strong sense of community. The data suggests that for those who qualify, the $106,676 median income provides more than enough breathing room to manage the $272,600 median home investment comfortably. It is a city designed for those who prioritize stability and long-term asset growth over the cutthroat volatility of larger, more expensive urban coastal markets.

Ultimately, the value proposition of Andover lies in its equilibrium. You are paying for the peace of mind that comes with high median incomes and stable property values. For those working in the professional sectors of the Wichita metro, the commute is manageable, and the lifestyle rewards are tangible. When weighing the options of Colby, KS against the suburban development of Andover, the choice becomes clear for those seeking proximity to major industry paired with a family-centric environment. Andover is not merely a place to reside; it is a financial and social ecosystem that rewards professional success and community participation.

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Frequently Asked Questions

The median home value in Andover, KS is $272,600, reflecting its status as a desirable residential area.