Ashland, IL is a small town in the state of Illinois with an estimated population of 1,532 people according to the 2019 US Census. Despite its size, it has a range of local businesses and services that make life comfortable for its residents. Rent costs for a 2 bedroom apartment in Ashland are $880 compared to the US average at $1,430. Additionally, there is a Grocery Cost Index in Ashland that stands at 93 compared to 100 in the US, making it more affordable for residents to buy food and groceries than other places across America. Local businesses that people may shop at include Hillview IGA Grocery & Hardware Store as well as Mama P's Kitchen which serves up delicious homemade Mexican cuisine. People looking to save money while still enjoying their local amenities should consider living in Ashland.
Ashland has an unemployment rate of 5.7%. The US average is 6.0%.
Ashland has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 16.1%, which is lower than the US average of 33.5%.
Tax Rates for Ashland
- The Sales Tax Rate for Ashland is 8.3%. 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 $25,432 a year. The US average is $28,555 a year.
- The Median household income of a Ashland resident is $63,571 a year. The US average is $69,021 a year.