Ashton, IA Economy


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United States / Iowa / No Metro Area / Osceola County / Ashton / Zip Codes
Ashton, IA is a small town located in Iowa with a population of just over 1,000 people. It is an ideal place for those looking for a peaceful atmosphere and close proximity to the great outdoors. The cost of living in Ashton is very affordable as 2 bedroom rent averages $800 while the US average for 2 bedroom rent is $1,430. Grocery costs are also quite reasonable with an index of 92 versus 100 in the US. This makes it easier for people of all incomes to afford housing and groceries.
The local companies in Ashton include King's Meat Market, Family Pharmacy & Supply Co., and C & C Auto Repair & Towing Services. These businesses provide employment for many locals and enrich the community with goods and services. Additionally there are several farms nearby that help contribute to the local economy by providing food production jobs.
Overall Ashton provides an affordable cost of living with plenty of recreational activities nearby as well as locally owned businesses that contribute to the local economy.

Ashton has an unemployment rate of 2.7%. The US average is 6.0%.

Ashton has seen the job market decrease by -1.9% over the last year. Future job growth over the next ten years is predicted to be 26.8%, which is lower than the US average of 33.5%.

Tax Rates for Ashton
- The Sales Tax Rate for Ashton is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Ashton is 9.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Ashton
- The average income of a Ashton resident is $24,346 a year. The US average is $28,555 a year.
- The Median household income of a Ashton resident is $48,688 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAshton, IowaUnited States
  2.76
  -2.8%-6.2%
  26.8%33.5%
  6.0%6.2%
  7.4%4.6%
  $25,299$37,638
  $48,688$69,021
  $56,667$85,028
  Population by Occupation
  4.5%1.2%
  0.0%0.5%
  5.9%6.8%
  29.2%10.0%
  2.8%2.5%
  12.8%11.0%
  6.9%4.8%
  0.3%0.8%
  0.7%1.9%
  4.2%4.7%
  0.0%1.9%
  0.3%7.6%
  0.0%0.1%
  0.7%4.2%
  2.1%9.3%
  13.5%14.0%
  0.7%2.1%
  4.5%7.0%
  5.9%4.8%
  4.9%4.7%
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