Ashland Metro Area, OH Economy


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United States / Ohio / Ashland Metro Area / Counties / Cities / Zip Codes
Ashland, OH Metro Area is a great place to live with very affordable rents. The average two bedroom rent of $790 is significantly lower than the national average of $1430, making it a great option for those on a budget. Additionally, groceries in Ashland are slightly cheaper than the national average according to the Grocery Cost Index (97 compared to 100). Living in Ashland also provides access to many local companies including Rubbermaid Inc., Scotts Miracle-Gro, and Ashland University. All in all Ashland provides plenty of reasons to move there and enjoy all that it has to offer.

Ashland Metro Area has an unemployment rate of 4.0%. The US average is 6.0%.

Ashland Metro Area has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 24.8%, which is lower than the US average of 33.5%.

Tax Rates for Ashland Metro Area
- The Sales Tax Rate for Ashland Metro Area is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Ashland Metro Area is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Ashland Metro Area
- The average income of a Ashland Metro Area resident is $22,441 a year. The US average is $28,555 a year.
- The Median household income of a Ashland Metro Area resident is $58,168 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAshland, OhioUnited States
  46
  -4.0%-6.2%
  24.8%33.5%
  7.0%6.2%
  4.7%4.6%
  $28,992$37,638
  $58,168$69,021
  $71,410$85,028
  Population by Occupation
  2.4%1.2%
  0.2%0.5%
  7.4%6.8%
  21.1%10.0%
  2.1%2.5%
  11.6%11.0%
  5.4%4.8%
  1.3%0.8%
  1.0%1.9%
  2.3%4.7%
  1.4%1.9%
  4.0%7.6%
  0.0%0.1%
  3.3%4.2%
  8.3%9.3%
  13.0%14.0%
  1.1%2.1%
  5.9%7.0%
  4.6%4.8%
  3.5%4.7%
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