Ashland, MO Economy


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Ashland, MO is a small city located in the heart of Missouri. It has a population of about 8,400 and offers a variety of local businesses and amenities. The cost of living is relatively low compared to the US average, with 2 bedroom rent at $890 compared to $1,430 in the US. Grocery prices are also quite affordable with an index score of 99 versus 100 in the US. Local businesses include Ashland Veterinary Clinic, Thrive Coffee House, Town & Country Supermarket, V-Check Automotive Repair & Towing, and Brexel Home Improvement Center. Residents have access to quality recreational activities such as hiking trails along Bear Creek Lake or visiting popular attractions like Big Spring Park or Big Spring Museum.

Ashland has an unemployment rate of 3.0%. The US average is 6.0%.

Ashland has seen the job market decrease by -3.8% over the last year. Future job growth over the next ten years is predicted to be 26.0%, which is lower than the US average of 33.5%.

Tax Rates for Ashland
- The Sales Tax Rate for Ashland is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Ashland is 5.9%. 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 $36,222 a year. The US average is $37,638 a year.
- The Median household income of a Ashland resident is $82,200 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAshland, MissouriUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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