Ashland, KY is a city located in the northeast corner of Kentucky along the Ohio river. It is an ideal place to live and work for those who enjoy a slower pace of life. The average rent for a 2 bedroom apartment is $840 which is significantly lower than the US average of $1,430. Grocery costs are also more affordable in Ashland with an index of 97 compared to 100 in the US.
There are many businesses and companies that call Ashland home such as Ashland Oil, Community Trust Bank, Floyd County Medical Center, King's Daughters Medical Center, Wurtland Nursing Home and Rehabilitation Center, East Park Shopping Center and Tri-State Raceway Park. There is no shortage of things to do and places to see in this scenic town!
Ashland has an unemployment rate of 5.9%. The US average is 6.0%.
Ashland has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 25.9%, which is lower 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 8.3%. 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 $24,176 a year. The US average is $28,555 a year.
- The Median household income of a Ashland resident is $45,414 a year. The US average is $69,021 a year.