Ashland, MA is a great place to live with many local amenities to enjoy. The town is home to a variety of companies such as Instron, Ashland Inc., and Massachusetts Resources Corporation. With two-bedroom rent costing $2,490 on average, it can be quite expensive to live in Ashland compared to US averages at $1,430 for two bedroom rent. Grocery costs are also slightly higher, with an index of 108 versus 100 in the US. Overall the cost of living in Ashland can be quite high but there are many benefits to living here that make it worth it.
Ashland has an unemployment rate of 4.4%. The US average is 6.0%.
Ashland has seen the job market increase by 3.2% over the last year. Future job growth over the next ten years is predicted to be 36.9%, which is higher than the US average of 33.5%.
Tax Rates for Ashland
- The Sales Tax Rate for Ashland is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Ashland is 5.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Ashland
- The average income of a Ashland resident is $46,112 a year. The US average is $28,555 a year.
- The Median household income of a Ashland resident is $115,959 a year. The US average is $69,021 a year.