Ashtabula, OH Economy


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Ashtabula, OH is located in the northeastern part of the state, and is a wonderful city to live in. Rent for a two bedroom apartment in Ashtabula is quite affordable at just $790, especially when compared to the US average of $1,430. Additionally, groceries are much more affordable here as well with the Cost Index being 94 versus 100 in the US. There are plenty of great local companies that make Ashtabula such an appealing city including Advanced Products Corporation which provides manufacturing services and specializes in custom plastic injection molding. All American Plating is another popular company that offers a variety of metal plating services such as zinc plating and anodizing. Finally there’s Thompson Industrial Services which is one of the oldest industrial maintenance companies in Ohio providing tech services ranging from troubleshooting to repair and installation.

Ashtabula has an unemployment rate of 5.1%. The US average is 6.0%.

Ashtabula has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 22.7%, which is lower than the US average of 33.5%.

Tax Rates for Ashtabula
- The Sales Tax Rate for Ashtabula is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Ashtabula is 5.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Ashtabula
- The average income of a Ashtabula resident is $16,281 a year. The US average is $28,555 a year.
- The Median household income of a Ashtabula resident is $36,012 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAshtabula, OhioUnited States
  5.16
  -5.7%-6.2%
  22.7%33.5%
  6.8%6.2%
  5.3%4.6%
  $20,625$37,638
  $36,012$69,021
  $44,512$85,028
  Population by Occupation
  0.1%1.2%
  0.1%0.5%
  3.8%6.8%
  21.5%10.0%
  1.1%2.5%
  17.3%11.0%
  3.1%4.8%
  1.2%0.8%
  1.5%1.9%
  2.0%4.7%
  0.5%1.9%
  1.2%7.6%
  0.0%0.1%
  4.0%4.2%
  4.5%9.3%
  16.4%14.0%
  1.4%2.1%
  11.5%7.0%
  3.9%4.8%
  5.1%4.7%
Reviews for Ashtabula
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Over 6 years ago

iv'e lived hear for 20 years and enjoyed it if you do not want to spend a lot of money and enjoy nice people then come here.   More

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Over 15 years ago

The city of Ashtabula has the feel of a once-busy and charming railroad town. It seems it was once a "great place to live." However when one walks or drives through the  More

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Over 16 years ago

This is a nowhere town. No businesses can make it here - everything is closed up. The job situation is terrible. The schools are worse. I can't wait to get out. Needs  More

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