92 / 100

Ashland County, OH

RANK #79 / 996 NAT  ·  #10 / 49 OH  ·  POP 52,522

1YR FORECAST: +4.4%

5YR OUTLOOK: +37%

#39 Best for Families
Our model projects Ashland County's housing market to grow +4.4% over the next year, significantly outpacing the national average.

[01] Why Ashland County?

Ashland County, Ohio, is often recognized by locals for its annual BalloonFest, a tradition celebrating the city's past as the "balloon capital of the world" due to its history in rubber product manufacturing. Located in northeastern Ohio, roughly 60 miles southwest of Cleveland and 80 miles northeast of Columbus, the county offers a blend of small-town atmosphere and access to larger urban amenities. Commutes within the county are generally short, with an average one-way trip of under 20 minutes. The area features extensive outdoor recreation, including Mohican State Park and Forest, offering thousands of acres for hiking, birdwatching, and other activities. The Ashland County Park District also maintains 18 parks and numerous trails.

Life in Ashland County offers a community-focused environment with above-average public schools, including the Ashland City School District and Mapleton Local School District. Ashland University, a private institution, contributes to the local culture and provides educational opportunities. The economy, historically rooted in manufacturing, has seen recent developments, including an e-commerce company establishing a regional hub and ongoing housing projects. These initiatives aim to expand housing options, potentially attracting families and workers to the area. The county also benefits from its location with convenient access to interstates.

[02] Market Snapshot

Housing Ratio
4.6x

Below national median (4.7x)

GDP Growth
+1.7%

Below national median

Home Prices
+5.4%

Outpacing national median

Climate & Terrain
-2.8

Below-average climate & terrain

Price/Rent
15x

Above national median (13x)

Housing is fairly valued at 4.6x relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Mansfield Plumbing Products Manufacturing
    500+
  2. 2
    Ashland University Education
  3. 3
    Charles River Laboratories Healthcare
  4. 4
    UH Samaritan Medical Center Healthcare
  5. 5
    The Step2 Company LLC Manufacturing
  6. 6
    American Augers Manufacturing
  7. 7
    SJE Manufacturing
  8. 8
    Barbasol Manufacturing
  9. 9
    Packaging Corporation of America Manufacturing
  10. 10
    Hedstrom / Ball Bounce & Sport Manufacturing

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Ashland County U.S. National

The Numbers

DEMOGRAPHICS
Population
52,522
-0.26% YoY
Median Household Income
$62,254
Median Home Value
$163,600
+5.43% 12mo
Median Rent
$815
Average Annual Pay
$48,877
+2.9% YoY
Employment
18,904
+0.6% YoY
Income-to-Home-Value
0.3805
More affordable than average
Migration Inflow
5.07%
of pop. from another state
Bachelor's Degree+
21.9%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$268,750
Days on Market
74
Slower market
Months of Supply
2.0
Seller's market
Sale-to-List Ratio
97.0%
Negotiation room for buyers
Sold Above List
23.3%
Listings w/ Price Drops
27.1%
Building Permits (2024)
57
Single-Family Permits
57

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Crime & Safety

B
SAFETY
GRADE
Firearm Fatalities
9.1
per 100K · nat avg 14.8
Injury Deaths
74.3
per 100K · nat avg 76.3
vs National Average
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Capital Investment

$50M
TOTAL
PROJECT AMOUNT STATUS
PumpHouse District Redevelopment (Apartments & Hotel)
Vision Development
$50M Under Construction

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[07] Score Breakdown

GDP Growth +1.7% 29 percentile
Population Growth -0.3% 17 percentile
Income Growth +7.0% 18 percentile
Vacancy Rate 1.0% 56 percentile
Home Price Change +5.4% 92 percentile
Rent Growth +4.1% 68 percentile
Price/Rent 15x 31 percentile

Bars show percentile rank among all 996 counties.

[08] Frequently Asked Questions

Is Ashland County, OH a good place to move to?

Ashland County ranks #79 out of 996 U.S. counties on the Boom Town Index with a score of 92/100, putting it in the top tier nationally. Job growth of +0.6% and a median household income of $62,254 point to a county with active economic momentum.

Is Ashland County affordable?

By national standards, Ashland County is quite affordable. Homes here have a median value of $163,600, and the income-to-home-value ratio of 0.38 is well above the U.S. average — especially with median rent at just $815/month. Residents can generally buy a home without being cost-burdened.

Is Ashland County growing or shrinking?

Population and employment in Ashland County are both close to flat — population -0.3% YoY and jobs +0.6%. Home values shifted +5.4% over the past 12 months. A steady-state county, neither expanding quickly nor shrinking.

Are people moving to Ashland County?

In significant numbers — 5.07% of Ashland County's current population relocated from another state, well above the national norm. That level of in-migration usually signals a county where jobs, affordability, or quality of life are pulling people in from elsewhere.

How is the housing market in Ashland County?

Home values climbed +5.4% year-over-year, which is a solid pace of appreciation. The median home in Ashland County is now valued at $163,600. That kind of growth typically reflects sustained demand rather than speculative frenzy.

[09] Similar Counties by Size & Score

Sandusky County, OH 94 Lucas County, OH 90 Richland County, OH 95 Darke County, OH 96 Wayne County, OH 88 Trumbull County, OH 97 Cass County, MI 92 Dearborn County, IN 92