Job Market in Andover

The job market in Andover, MA, is poised for growth in 2024, driven by its robust local economy and strategic location within the Greater Boston area. Key industries such as technology, healthcare, and education play a significant role in the city's economic landscape. Recent infrastructure developments and the presence of major corporations contribute to a dynamic job market with promising opportunities for job seekers.

Top Industries in Andover

Andover is home to a range of industries that are key drivers of the city's economy. Some of the top industries in Andover include:

Technology
Andover's technology sector is thriving, with numerous companies focusing on software development, IT services, and cybersecurity. The demand for tech professionals continues to rise, offering competitive salaries and growth opportunities.
Range: $80-$150k
Growth rate: 15%
Some job openings:
Raytheon Technologies is hiring: Software Engineer, Cybersecurity Analyst
Vicor Corporation is hiring: Electrical Engineer, Product Manager
Healthcare
Healthcare remains a cornerstone of Andover's economy, with a strong network of hospitals and medical facilities. The industry offers a wide range of positions from clinical roles to administrative support.
Range: $60-$120k
Growth rate: 12%
Some job openings:
Lawrence General Hospital is hiring: Registered Nurse, Medical Technician
Pentucket Medical is hiring: Physician Assistant, Healthcare Administrator
Education
Andover is home to several prestigious educational institutions, providing numerous opportunities in teaching and administration. The education sector is vital for the local economy, supporting a range of educational services.
Range: $50-$100k
Growth rate: 10%
Some job openings:
Phillips Academy is hiring: Teacher, Admissions Officer
Merrimack College is hiring: Professor, Academic Advisor
Manufacturing
Manufacturing in Andover is characterized by advanced production techniques and a focus on innovation. The industry supports a variety of roles from engineering to operations management.
Range: $55-$110k
Growth rate: 8%
Some job openings:
Pfizer is hiring: Manufacturing Technician, Quality Assurance Specialist
Schneider Electric is hiring: Production Supervisor, Logistics Coordinator
Finance
The finance sector in Andover is growing, with opportunities in banking, investment, and financial planning. This industry offers lucrative positions for those with expertise in financial analysis and management.
Range: $70-$140k
Growth rate: 9%
Some job openings:
TD Bank is hiring: Financial Analyst, Branch Manager
Putnam Investments is hiring: Portfolio Manager, Investment Advisor

Employment Trends and Growth Rates

Andover is experiencing a steady increase in job opportunities, particularly in technology and healthcare sectors. The city's employment trends reflect a growing demand for skilled professionals, with a focus on innovation and sustainability. Income inequality remains a concern, with efforts underway to bridge the gap through educational and vocational training programs.

Job Market for Remote and Freelance Workers in Andover

Remote work is gaining traction in Andover, with approximately 35% of the workforce engaged in remote roles. Local companies are increasingly offering remote positions, particularly in tech and marketing sectors. The trend towards remote work is supported by city-specific job boards and networking events tailored for remote professionals.

Job Resources and Networking

Andover offers a variety of job resources, including local job boards and career fairs. Key resources include the Andover Career Center and the Merrimack Valley Chamber of Commerce, which provide networking opportunities and job placement services. Local job boards such as AndoverJobs.com and MerrimackValleyJobs.com are valuable for finding regional job listings.

Worldwide
United States

Property Prices Rankings

The Property Prices Rankings for the United States evaluate affordability and investment potential using indices like the Price to Income Ratio, Mortgage as a Percentage of Income, Loan Affordability, Price to Rent Ratio, and Gross Rental Yield.

Highest to LowestUpdated: Feb, 2025
New York, NY
1. New York
New York
Honolulu, HI
2. Honolulu
Hawaii
San Jose, CA
3. San Jose
California
Los Angeles, CA
4. Los Angeles
California
San Diego, CA
5. San Diego
California
Boston, MA
6. Boston
Massachusetts
San Francisco, CA
7. San Francisco
California
Irvine, CA
8. Irvine
California
Miami, FL
9. Miami
Florida
Washington, DC
10. Washington
United States
Full Property Prices Rankings
Cost of LivingTraffic
Andover Job Market

"Key Takeaways"

Tech industry has grown by 15% in Andover, with demand for software engineers.

Remote work is increasing, with many companies now offering remote opportunities.

Top employers like Raytheon and Pfizer are hiring for various roles.

AndoverJobs.com is a great local job board for opportunities.

Tips for Job Seekers in Andover

Job seekers in Andover should tailor their resumes to highlight relevant skills and experiences for the local job market.

Networking is crucial; attending local career fairs and joining professional groups can enhance job search efforts.

Educational qualifications, such as a bachelor's degree, significantly impact job prospects, with higher education often leading to better employment opportunities.

Andover

Nearby Cities

Lowell, MA9 miles
Salem, MA16 miles
Nashua, NH18 miles
Cambridge, MA20 miles
Boston, MA21 miles
Manchester, NH28 miles
All cities in Massachusetts