Boyd County · Kentucky · South · 21k residents
Ashland, KY: economy, jobs & business costs
The site-selection read on Ashland: labor costs, talent, corporate tax, energy, and business activity, with the Kentucky median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: ACS place data; supplementary fields may use state estimates.
Average weekly wages in the surrounding labor market run $1,187/wk. Kentucky's corporate income tax rate is 5%. Commercial electricity averages 11.5¢/kWh.
Compare Ashland side by side
Avg. weekly wage
$1,187/wk
Corporate income tax
5%
Bachelor's degree or higher
24.8%
Commercial electricity
11.5¢/kWh
Economic momentum
How fast Ashland's economy is moving, ranked against the US cities we track.
80/100
Heating
Ranks Ashland's residential building-permit and jobs growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.
| ACS median home value | $125,000 |
| Price per sq. ft. | $140 |
| Property tax rate | 0.83% |
| 1-bedroom rent | $622/mo |
| 2-bedroom rent | $903/mo |
| State & local income tax | 5.45% |
| Sales tax | 6% |
| Corporate income tax | 5% |
| Avg. weekly wage | $1,187/wk |
| Bachelor's degree or higher | 24.8% |
| Commercial electricity | 11.5¢/kWh |
| Businesses per 1k residents | 37.6/1k |
| Wage: Software developer | $110,780 |
| Wage: Registered nurse | $81,010 |
| Wage: General manager | $77,350 |
| Wage: Customer service | $38,060 |
| Wage: Warehouse worker | $30,980 |
| Wage: Heavy truck driver | $50,050 |
| Wage: Electrician | $63,620 |
| Wage: Retail salesperson | $28,220 |
| Cost of living index | 73 |
| Groceries index | 95 |
| Utilities | $160/mo |
| Transit pass | $50/mo |
| Gas price | $3.05/gal |
| Healthcare index | 93 |
| Childcare (per child) | $850/mo |
| Median household income | $52,715 |
| Unemployment rate | 4.3% |
| Population | 21k |
| Crime index | 45/100 |
| School rating | 5.2/10 |
| Walkability | 30/100 |
| Disaster risk | 75/100 |
| Avg. commute | 24 min |
| Sunny days / year | 190 days |
| July high | 85°F |
| January low | 23°F |
| Annual snowfall | — |
| Home price YoY | -3.9% |
| Home price MoM | -0.1% |
| Rent YoY | — |
| Rent MoM | — |
| Employment (jobs) YoY | +1.8% |
| Building permits YoY | +22.2% |
| Ocean coast | 384 mi |
| Big lake | 165 mi |
| Mountains | 139 mi |
| Major airport | 107 mi |
| Ski resort | 128 mi |
Popular comparisons
Nearby
- Winchester, KY · 19k
- Richmond, KY · 37k
- Lexington, KY · 324k
- Georgetown, KY · 39k
- Fort Thomas, KY · 17k
Similar size
- Erlanger, KY · 20k
- Radcliff, KY · 23k
- Madisonville, KY · 20k
- Mount Washington, KY · 18k
- Murray, KY · 18k
Real listings in Ashland
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Ashland a good place to run a business?
- Kentucky's corporate income tax rate is 5%; average weekly wages in the surrounding labor market run $1,187/wk; commercial electricity averages 11.5¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in Ashland, KY?
- Ashland indexes at 73 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $903/mo and a acs median home value of $125,000.
- How much does a house cost in Ashland?
- The acs median home value in Ashland is $125,000 (Census ACS estimate; individual listings vary).
- How much is rent in Ashland?
- A two-bedroom in Ashland rents for about $903/mo.