Ashby, MN Economy


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United States / Minnesota / No Metro Area / Grant County / Ashby / Zip Codes
Ashby, MN is a small town located in western Minnesota. It is known for its tight-knit community and rural landscapes. The cost of living in Ashby is relatively low compared to other areas of the U.S., with the average 2 bedroom rent costing $900 per month – significantly lower than the national average of $1,430. Additionally, groceries are cheaper here than in the rest of the country; according to a grocery cost index, food prices in Ashby are 98 out of 100 compared to the US average.
The small town has plenty to offer locals and visitors alike! Popular tourist attractions include Rainbow Park & Campground, The Ashby Historical Museum, and Ashby Golf Course. In terms of commerce, there are several locally owned businesses that call this community home including Ashby Lumberyard & Hardware Store, Jones Automotive Repair Inc., and Janice’s Café & Bakery. All in all, whether you’re looking for a place to relax or a place to start your life anew, it’s hard to go wrong when choosing Ashby as your next destination!

Ashby has an unemployment rate of 5.4%. The US average is 6.0%.

Ashby has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 22.4%, which is lower than the US average of 33.5%.

Tax Rates for Ashby
- The Sales Tax Rate for Ashby is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Ashby is 7.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Ashby
- The average income of a Ashby resident is $24,617 a year. The US average is $28,555 a year.
- The Median household income of a Ashby resident is $50,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAshby, MinnesotaUnited States
  5.46
  -0.1%-6.2%
  22.4%33.5%
  6.9%6.2%
  7.1%4.6%
  $28,317$37,638
  $50,000$69,021
  $61,667$85,028
  Population by Occupation
  3.7%1.2%
  0.0%0.5%
  6.9%6.8%
  20.6%10.0%
  1.1%2.5%
  16.9%11.0%
  5.3%4.8%
  0.0%0.8%
  5.8%1.9%
  1.1%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  10.1%9.3%
  16.4%14.0%
  0.0%2.1%
  2.6%7.0%
  3.7%4.8%
  5.8%4.7%
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