HomeKentuckyBoyd CountyAshland city
Ashland city, Kentucky: commercial real estate data.
Ashland city is a Census city of 21,295 people across 10.74 square miles of land, in Boyd County. Median household income is $52,715, 60.4 percent of occupied homes are owned, and the SBA record carries 32 7(a) approvals to borrowers here worth $14.1 m.
76 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Ashland
What Ashland is
- Census place typecity
- Land area10.74 sq mi
- Water area0.03 sq mi
- Population per square mile of land1,984
- County holding the largest share of its areaBoyd County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Ashland
How many people live in Ashland
- Population21,295
- Median age40.7
- Population under 184,639
- Share under 1821.8 percent
- Population 65 and over4,099
- Share 65 and over19.2 percent
- Households9,439
- Family households5,455
- Share of households that are families57.8 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Ashland
Income and work in Ashland
- Median household income$52,715
- Per capita income$32,025
- Civilian labor force9,729
- Employed8,977
- Unemployed752 plus or minus 224
- Unemployment rate7.7 percent plus or minus 2.3
- Adults 25 and over14,971
- Adults 25 and over with a high school diploma or higher92.0 percent
- Adults 25 and over with a bachelor degree or higher24.8 percent
- Adults 25 and over with a graduate degree12.6 percent plus or minus 2.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Ashland
Housing in Ashland
- Housing units10,646
- Occupied units9,439
- Vacant units1,207 plus or minus 244
- Vacancy rate11.3 percent plus or minus 2.3
- Owner occupied5,704
- Renter occupied3,735
- Ownership rate60.4 percent
- Median owner-occupied home value$125,000
- Median gross rent, monthly$872
- Annual rent as a share of median income19.9 percent
- Single family units8,091
- Share single family76.0 percent
- Units in buildings of two or more2,421
- Share in buildings of two or more22.7 percent
- Mobile homes134 plus or minus 83
- Median year structure built1965
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Ashland
How Ashland gets to work
- Workers 16 and over who commute8,138
- Commuting under 15 minutes3,885
- Share commuting under 15 minutes47.7 percent
- Commuting 30 minutes or more1,919
- Share commuting 30 minutes or more23.6 percent
- Drove alone74.0 percent
- Carpooled11.3 percent plus or minus 3.6
- Public transport0.2 percent plus or minus 0.2
- Walked5.6 percent plus or minus 2.0
- Worked from home7.5 percent plus or minus 2.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Ashland
SBA loans in Ashland (7(a))
- Approvals32
- Gross approval$14,083,000
- Average approval$440,094
- Median approval$200,000
- Ninetieth percentile approval$1,533,200
- Largest approval$2,500,000
- Jobs supported451
- Jobs per approval14.1
- Loans with a final outcome8
- Paid in full6
- Charged off2
- Median term120 months
- Share on real estate terms of 20 years or more18.8 percent
- Share to franchises28.1 percent
- Distinct lenders12
- Distinct industries by NAICS18
A charge-off rate is not published here. only 8 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Ashland
SBA loans in Ashland (504)
- Approvals2
- Gross approval$1,919,000
- Average approval$959,500
- Median approval$1,190,000
- Largest approval$1,190,000
- Jobs supported9
- Loans with a final outcome1
- Charged off0
- Median term300 months
- Distinct CDCs2
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Boyd County, not Ashland
Boyd County context, not Ashland figures
These are Boyd County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Ashland measurements.
- Establishments in Boyd County1,169
- Employment at those establishments, Boyd County21,522
- Covered employment, Boyd County25,992
- Average annual pay, Boyd County$59,231
- Average weekly wage, Boyd County$1,139
- Housing units permitted, Boyd County9
- Of those, single family, Boyd County3
- County product, 2024, Boyd County$3,758,183,000
- County product change over the prior year, Boyd County-1.4 percent
- Average income of an arriving household, Boyd County$45,350
Every figure in this section is published for Boyd County as a whole and is not a measurement of Ashland. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Ashland questions, answered from the record.
How many people live in Ashland, Kentucky?
21,295, in 9,439 households. Ashland city covers 10.74 square miles of land, which is 1,984 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Ashland in?
Boyd County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Ashland?
$52,715. The median owner-occupied home is valued at $125,000. Median gross rent is $872 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Ashland businesses?
32 7(a) approvals totalling $14.1 m, across 12 lenders, median approval $200,000, plus 2 504 approvals worth $1.9 m. These count approvals to borrowers whose address is in Ashland, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Ashland borrowers get paid back?
No rate is published for Ashland. only 8 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Ashland figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Boyd County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Ashland.
Is zoning published for Ashland?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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