Ashland is a city in Kentucky state in USA with a population of 20449 residents.. The poverty rate of Ashland is 21.2%, which is 51% higher than national average. The typical household in Ashland earns $42639 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 5 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 6 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 56.4% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Ashland, only 89% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Ashland remained 8%, which is 70% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Ashland, only 27% of adults have a bachelor's degree and 33% have some college but no degree.

Cost of living in Ashland is 83, which is 17% lower than national average. Median home value in Ashland is $101900 , which is 56% lower than national average. While median income in Ashland remained $42639, which is 37% lower than national average.