Ashland, MI is a small town located in the Upper Peninsula of Michigan. It is known for its natural beauty as it's home to several nearby bodies of water and state parks. Residents enjoy both the outdoors and nearby amenities such as grocery stores, banks, restaurants, and more. Popular local companies include Nadeau's Supermarkets, Johnson & Sons Groceries, and UPS Store. There are plenty of activities to keep residents entertained such as camping, fishing or boating on Lake Superior or visiting one of the many nearby state parks or beaches. With an affordable rent cost compared to the national average and a low grocery cost index, Ashland is an ideal place for those hoping to save money while enjoying all that Michigan has to offer.
Ashland has an unemployment rate of 6.0%. The US average is 6.0%.
Ashland has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 29.7%, which is lower than the US average of 33.5%.
Tax Rates for Ashland
- The Sales Tax Rate for Ashland is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Ashland is 4.3%. 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 $18,427 a year. The US average is $28,555 a year.
- The Median household income of a Ashland resident is $70,125 a year. The US average is $69,021 a year.