Ashland, VA is a small town located just north of Richmond with a population of 7,225. It offers great access to big city amenities while maintaining its small-town charm. The cost of living in Ashland is lower than the US average; for example, two bedroom rents are typically $1,270 compared to $1,430 nationally. Grocery costs are also lower here with an index score of 100 versus 100 in the US.
Ashland has plenty to offer local businesses and visitors alike. Companies such as Walmart and CVS Pharmacy have made their home here alongside many locally owned establishments such as Paper Filling Station and South China Restaurant. Notable attractions include Hanover Arts & Activities Center, Randolph Macon College’s Ashland Campus, and Virginia Wine Outlet. All in all, Ashland provides affordable living with plenty of activities and opportunities for everyone who calls it home.
Ashland has an unemployment rate of 3.9%. The US average is 6.0%.
Ashland has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 37.7%, which is higher than the US average of 33.5%.
Tax Rates for Ashland
- The Sales Tax Rate for Ashland is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Ashland is 5.8%. 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 $23,273 a year. The US average is $28,555 a year.
- The Median household income of a Ashland resident is $55,521 a year. The US average is $69,021 a year.