Living in Ashland, Kentucky

Cost of living, income, home prices, rent and demographics of Ashland · Census data 2020–2024

Ashland has 21,295 residents with a median age of 40.7. The median household income is $52,715 (17% lower than the Kentucky median), the median home value is $125,000, the median rent is $872/month.

Ashland at a glance

Population
21,295
Median age
40.7State: 39.1
Median household income
$52,715State: $63,726
Median home value
$125,000State: $205,600
Median rent
$872/moState: $967
Homeowners
60.4%
Bachelor's degree or higher
24.8%
Average commute
21 min

Is Ashland a good place to live?

Pros: Home values 39% lower than the state median; an average commute of 21 minutes.

Cons: Median household income 17% lower than the Kentucky median; unemployment of 7.7%; a poverty rate of 22.4%.

The weather is best in May–June and August–September.

Cost of living in Ashland

Housing is the biggest part of the cost of living. In Ashland the median home value is $125,000, 62% lower than the U.S. median. Renters pay a median of $872 per month, which is 29.2% of household income. Homeowners with a mortgage pay $1,213 a month in housing costs.

Median home value

Ashland$125,000
Kentucky$205,600
United States$332,700

Median monthly rent

Ashland$872
Kentucky$967
United States$1,413

Ashland median household income

The median household income in Ashland is $52,715 and the income per person is $32,025. 22.4% of residents live below the poverty line (Kentucky: 16.1%).

Median household income

Ashland$52,715
Kentucky$63,726
United States$80,734

Housing in Ashland: homes for sale and rent

Housing units
10,646
Owner-occupied
60.4%
Renter-occupied
39.6%
Vacant
11.3%Includes seasonal homes
Median year built
1965
Average household size
2.23

Ashland demographics

Population
21,295
Median age
40.7
Under 18
21.8%
65 and older
19.2%
Households
9,439
Foreign-born
1.8%
Veterans
8.7%Adults 18+

Race and ethnicity

White91.8%
Hispanic or Latino2.7%
Black2%
Asian0.4%

Hispanic or Latino can be of any race. Population history of Ashland ›

Education in Ashland

24.8% of adults 25 and older in Ashland have a bachelor's degree or higher (Kentucky: 27.6%), and 12.6% have a graduate or professional degree.

Bachelor's degree or higher

Ashland24.8%
Kentucky27.6%
United States35.7%

Jobs and commute in Ashland

Unemployment rate
7.7%State: 4.9%
Average commute
21 minState: 24 min
Work from home
7.5%
Drive alone
74%
Public transit
0.2%
Walk to work
5.6%
Homes with broadband
87.7%

Ashland vs nearby towns

TownPopulationMedian incomeHome valueRent
Ashland21,295$52,715$125,000$872
Coal Grove2,022$61,250$94,500$939
Westwood4,473$73,511$92,200$853
Ironville411$36,856——
Bellefonte1,419$117,250$282,600$1,726
Catlettsburg1,557$38,276$82,500$630
South Point3,099$80,341$184,000$872
Russell3,676$76,182$211,900$743
Kenova2,944$53,683$109,000$647

More for people moving to Ashland

Ashland ZIP code ›Weather and climate ›

Living in Ashland: FAQ

What is the median household income in Ashland, KY?

The median household income in Ashland is $52,715, 17% lower than the Kentucky median of $63,726 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Ashland?

The median home value in Ashland is $125,000, compared with $205,600 in Kentucky.

How much is rent in Ashland?

The median gross rent in Ashland is $872 per month, about 29.2% of household income.

Is Ashland, KY a good place to live?

Pluses: home values 39% lower than the state median; an average commute of 21 minutes. Minuses: median household income 17% lower than the Kentucky median; unemployment of 7.7%; a poverty rate of 22.4%.

What is the median age in Ashland?

The median age in Ashland is 40.7 years (Kentucky: 39.1).

How long is the commute in Ashland?

The average commute to work in Ashland is 21 minutes; 7.5% of workers work from home.

What is the unemployment rate in Ashland?

The unemployment rate in Ashland is 7.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Ashland?

24.8% of adults in Ashland have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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