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Andover in Anoka County, MN has 22 HOAs collecting $2,704,272 from 1,524 households. Average Reserve Funding is 54.34% and Average Monthly Payment is $164.
Average Reserve Funding
54.34%
Ideal is 100%. Below 30% indicates high risk of special assessments. Above 70% has low risk of special assessments.
Average Monthly Payment
$164
Part of this payment is used to cover operational expenses. The other part is saved in the Reserve Fund to cover future maintenance.
Averages
FindMyHOA
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