Ashland, MN is a small town located in northern Minnesota. It is known for its rural beauty, with rolling fields and plentiful wildlife. The cost of living in Ashland is much lower than the national average. For example, rent for a two bedroom apartment is only $1,000 per month versus $1,430 for the same size across the U.S., and the grocery cost index in Ashland is 98 compared to 100 nationally.
The economy of Ashland is driven by local businesses such as Black Bear Lodge & Resort, North Star Canoe Outfitters and Lake Winnibigoshish Casino. There are plenty of outdoor activities available in Ashland – from fishing at Cut Foot Sioux Lake to skiing at Giants Ridge Ski & Snowboard Area or camping near Pike Bay State Forest – there’s something for everyone! Other popular attractions include the Chippewa National Forest, the Whiteface Reservoir Trail and Rice Lake National Wildlife Refuge.
Ashland has an unemployment rate of 4.9%. The US average is 6.0%.
Ashland 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 30.4%, which is lower than the US average of 33.5%.
Tax Rates for Ashland
- The Sales Tax Rate for Ashland is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Ashland is 7.1%. 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 $35,569 a year. The US average is $28,555 a year.
- The Median household income of a Ashland resident is $105,375 a year. The US average is $69,021 a year.