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Ashtabula County, OH

RANK #98 / 996  ·  POP 97,666  ·  OH

PROJECTED GROWTH: +2.9%

Ashtabula County ranks among the top U.S. counties across nearly every economic indicator.

[01] Why Ashtabula County?

Ashtabula County, Ohio, stands out for its nineteen covered bridges, including both the longest and shortest in the United States. Located in the northeastern corner of Ohio, it is roughly an hour's drive from both Cleveland and Erie, Pennsylvania. The community offers a blend of rural landscapes and Lake Erie shoreline, with Geneva-on-the-Lake providing a resort-town feel with its attractions and Geneva State Park offering beaches and trails. Outdoor recreation is a significant draw, with opportunities for hiking, biking on the Western Reserve Greenway Trail, fishing in Lake Erie and Pymatuning Reservoir, and exploring four wild and scenic rivers. Life in Ashtabula County offers an affordable cost of living. The county provides various educational opportunities, including public school districts like Jefferson Area Local and Geneva Area City, as well as Kent State University at Ashtabula and the Ashtabula County Technical and Career Campus. The local economy has a history in manufacturing and has seen recent growth, particularly in sectors such as composites, chemicals, and energy. The Ashtabula County Port Authority actively promotes economic development and job creation.

[02] Market Snapshot

Housing Ratio
4.0x

Below national median (4.7x)

GDP Growth
+3.6%

Above national median

Home Prices
+5.0%

Outpacing national median

Climate & Terrain
-0.9

Below-average climate & terrain

Price/Rent
14x

Above national median (13x)

Housing is fairly valued at 4.0x relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Ashtabula County U.S. National

The Numbers

DEMOGRAPHICS
Population
97,666
-0.21% YoY
Median Household Income
$53,663
Median Home Value
$139,000
+5.04% 12mo
Median Rent
$811
Average Annual Pay
$47,141
+2.8% YoY
Employment
29,406
-1.4% YoY
Income-to-Home-Value
0.3861
More affordable than average
Migration Inflow
3.07%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$165,000
Days on Market
56
Moderate pace
Months of Supply
4.1
Balanced market
Sale-to-List Ratio
96.1%
Negotiation room for buyers
Sold Above List
25.5%
Listings w/ Price Drops
17.2%
Building Permits (2024)
155
Single-Family Permits
140

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

[05] Capital Investment

$768M
TOTAL
PROJECT AMOUNT STATUS
Nodular Pig Iron Plant
Petmin
$474M Operating
Ashtabula Windfarm (Proposed)
SGR Site Associates LLC
$105M Proposed
Risberg Natural Gas Pipeline
RH energytrans
$86M Operating
Plastpro Manufacturing Facility Expansion
Plastpro
$53M Planned
Ashtabula County Broadband Infrastructure Upgrades (Connect Ashtabula)
Ashtabula County Commissioners / Eastgate Regional Council of Governments
$50M Planned

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

[06] Score Breakdown

GDP Growth +3.6% 67 percentile
Population Growth -0.2% 20 percentile
Income Growth +8.0% 37 percentile
Vacancy Rate 1.0% 52 percentile
Home Price Change +5.0% 90 percentile
Price/Rent 14x 42 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

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

Ashtabula County has a Boom Town Index score of 90/100, ranking #98 among 996 U.S. counties. With job growth at -1.4% and a median household income of $53,663, it's an above-average county on economic indicators.

Is Ashtabula County affordable?

The median home value in Ashtabula County is $139,000 with median rent at $811/month. The income-to-home-value ratio is 0.3861, which is more affordable than the national average.

Is Ashtabula County growing or shrinking?

Population growth: -0.2% year-over-year. Job growth: -1.4%. Home values changed +5.0% in the past 12 months.

Are people moving to Ashtabula County?

Yes — 3.07% of Ashtabula County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

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