Ashland, ND Economy


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Ashland, ND is a small city in North Dakota with a population of around 1000 people. Despite its small size, it's known for its affordable cost of living. The average 2 bedroom rent in Ashland is $810 per month, which is significantly lower than the US average rent of $1,430. Additionally, the Grocery Cost Index in Ashland is 100 versus the US baseline of 100 as well; meaning that groceries are the same price in Ashland as they are nationwide.
Ashland has some local businesses that contribute to economic growth and development such as Walmart and Dollar General which provide goods and services to citizens at competitive prices. There’s also Green Valley Outfitters which offers hunting trips, outdoor gear rental and guided tours for visitors coming from near and far to explore nature. Finally, there’s also Burger King and Sonic Drive-In popular restaurant chains found in many towns across America.
Overall, Ashland provides an affordable cost of living with plenty of businesses to shop at or dine out at when needed.

Ashland has an unemployment rate of 4.0%. The US average is 6.0%.

Ashland has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 29.9%, which is lower than the US average of 33.5%.

Tax Rates for Ashland
- The Sales Tax Rate for Ashland is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Ashland is 2.0%. 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 $184,197 a year. The US average is $37,638 a year.
- The Median household income of a Ashland resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAshland, North DakotaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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