Ashland, AL is a small city located in the state of Alabama. It is known for its tranquil atmosphere and affordable housing. According to recent data, the average two bedroom rent in Ashland is $760 compared to the national average of $1,430. The cost of living in Ashland is also low with a grocery cost index of 92 compared to 100 in the US. This makes it an ideal location for those looking for an affordable place to live with plenty of amenities and activities nearby.
Some local companies that call Ashland home are Encore Rehabilitation, Southern Veterinary Partners, Ashley Furniture HomeStore, Steel City Pops, Gadsden-Etowah Co-op and Teutul's Seafood & Steaks LLC. All these businesses are thriving due to their proximity to the city center and attractive prices for goods and services. All in all, Ashland is a great place to live or visit!
Ashland has an unemployment rate of 2.5%. The US average is 6.0%.
Ashland has seen the job market increase by 4.2% over the last year. Future job growth over the next ten years is predicted to be 42.9%, which is higher 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 5.0%. 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 $18,006 a year. The US average is $28,555 a year.
- The Median household income of a Ashland resident is $25,458 a year. The US average is $69,021 a year.