Ashland County, Ohio: commercial real estate data.
Ashland County, Ohio had an estimated 52,420 residents on July 1, 2024, down 0.0 percent since the 2020 census base of 52,442, across 423 square miles. County output reached $2.45 bn in 2024, 1,021 establishments operate here, and the SBA record carries 85 7(a) approvals worth $16.9 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Ashland County
How many people live in Ashland County
- Population, American Community Survey 2020-202452,256
- Households20,720
- Average household size2.52
- Median household income$69,860
- Median age41.2
- Median gross rent$888 per month
- Median owner-occupied home value$186,800
- Home value to household income2.7 times
- Annual rent as a share of median income15.3 percent
- Adults 25 and over with a bachelor degree or higher22.6 percent
- Adults 25 and over with a graduate degree7.4 percent
- Adults 25 and over36,027
- Population under 1811,760
- Share under 1822.5 percent
- Population 65 and over10,587
- Share 65 and over20.3 percent
- Working age population, 18 to 6429,909
- Civilian labor force25,448
- Unemployment rate3.6 percent
- Labor force participation, adults 18 and over62.8 percent
- Rank by population among Ohio counties48th of 88
- Rank by population among US county-equivalents, Puerto Rico included983rd of 3,222
Ashland County is the 48th largest of 88 Ohio counties by population. A median home costs 2.7 times median household income, which is affordable by national standards. Residents under 18 outnumber those 65 and over, at 22.5 percent against 20.3 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Ashland County
Is Ashland County's population growing?
- Population, July 1, 202452,420
- Census 2020 base population52,442
- Population change since the 2020 census base-0.04 percent
- Population change, 2023 to 2024237
- Births, 2024584
- Deaths, 2024649
- Natural change, 2024-65
- Net domestic migration, 2024294
- Net international migration, 202414
- Total net migration, 2024308
- Cumulative net domestic migration, 2021 to 2024423
- Rank by growth among US county-equivalents1844th of 3,144
The county has lost 0.04 percent of its population since the 2020 census base. Deaths exceeded births in 2024 and the population still grew, so all of the growth came from people moving in. A market held up by migration is more sensitive to a change in relative cost than one growing from household formation.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Ashland County
Where are people moving to Ashland County from?
- Tax returns filed by households arriving1,367
- People arriving, from those returns2,423
- Tax returns filed by households leaving1,170
- Net household movement197
- Adjusted gross income arriving$70.5 m
- Net adjusted gross income movement$14.6 m
- Average income of an arriving household$51,587
- Average income of a leaving household$47,803
- Largest single originRichland County (283 households)
- Largest single destinationRichland County (247 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Richland County | 283 | 520 | $13.0 m |
| Wayne County | 199 | 361 | $9.9 m |
| Medina County | 74 | 112 | $4.0 m |
| Lorain County | 67 | 119 | $3.8 m |
| Huron County | 63 | 105 | $2.7 m |
| Franklin County | 56 | 92 | $3.1 m |
| Cuyahoga County | 49 | 71 | $2.0 m |
| Holmes County | 32 | 52 | $1.2 m |
Households arriving report $3,784 more average income than households leaving, so the migration is raising local spending power rather than just moving it around. The largest single source of arrivals is Richland County, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Ashland County
What is the Ashland County economy?
- County GDP, 2024$2.45 bn
- County GDP, 2023$2.34 bn
- GDP change, 2023 to 20244.3 percent
- GDP change over five years27.3 percent
- Rank by GDP among the Ohio areas BEA publishes58th of 88
- Rank by GDP among the US county areas BEA publishes1116th of 3,127
- GDP per resident$46,803
Output grew 4.3 percent in the latest year and 27.3 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Ashland County
Employment by industry in Ashland County
- Covered employment, annual average18,904
- Establishments reporting1,236
- Average annual pay$48,877
- Average weekly wage$940
- Manufacturing, employment3,278
- Manufacturing, average annual pay$58,990
- Retail trade, employment2,308
- Retail trade, average annual pay$32,330
- Accommodation and food services, employment1,679
- Accommodation and food services, average annual pay$20,497
- Professional, scientific and technical services, employment1,343
- Professional, scientific and technical services, average annual pay$67,593
- Construction, employment827
- Wholesale trade, employment651
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Manufacturing | 3,278 | 95 | $58,990 |
| Retail trade | 2,308 | 158 | $32,330 |
| Accommodation and food services | 1,679 | 93 | $20,497 |
| Professional, scientific and technical services | 1,343 | 101 | $67,593 |
| Construction | 827 | 105 | $74,088 |
| Wholesale trade | 651 | 70 | $65,033 |
| Transportation and warehousing | 612 | 54 | $61,614 |
| Other services, except public administration | 558 | 109 | $28,736 |
Manufacturing is the largest private sector at 3,278 jobs, 17.3 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Ashland County
How many businesses are in Ashland County?
- Establishments, all industries1,021
- Employment at those establishments17,851
- Annual payroll$798.3 m
- Establishments per 1,000 residents19.5
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against. County Business Patterns counts private establishments with paid employees in March 2023, while the Quarterly Census of Employment and Wages above counts every unemployment-insured employer, public ones included, as a 2024 annual average, so the two establishment and employment counts differ.
US Census Bureau, County Business Patterns, 2023.
Ashland County
Building permits in Ashland County
- Housing units authorized by permit, 202457
- Declared construction value permitted$14.9 m
- Single family units authorized57
- Multifamily units authorized0
- Multifamily share of units0.0 percent
- Average declared value per unit$261,398
- Units authorized per 1,000 households2.8
Single-family homes are 100.0 percent of units authorized, so the pipeline is predominantly single-family.
US Census Bureau, Building Permits Survey, 2024 annual.
Ashland County
SBA loans in Ashland County (7(a) and 504)
- 7(a) approvals recorded85
- 7(a) gross approval dollars$16.9 m
- Average 7(a) approval$198,653
- Median 7(a) approval$50,000
- 10th percentile approval$20,000
- 90th percentile approval$240,000
- Largest single approval$3,150,000
- Jobs reported supported, 7(a)286
- Jobs per approval3.4
- Distinct 7(a) lenders active14
- Distinct industries receiving approvals41
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer7.1 percent
- Loans on real estate terms6
- Loans on working capital terms, 120 months or shorter78
- Franchise loans3
- Franchise share of approvals3.5 percent
- Leading industry by approval countGeneral Freight Trucking, Long-Distance, Truckload (11)
- Most active lenderThe Huntington National Bank (67)
- 504 approvals recorded14
- 504 gross approval dollars$4.0 m
- Average 504 approval$288,143
- Median 504 approval$216,000
- Distinct CDCs active5
- 504 jobs per approval4.3
- 504 jobs per million dollars approved14.9
- Most active CDCCascade Capital Corporation (5)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$20.9 m
The average approval of $198,653 sits well above the median of $50,000, pulled up by a few larger deals, so the median is the better guide to what a typical borrower here gets. Only 7.1 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Ashland County
SBA loan default and charge-off rates in Ashland County
Do SBA loans in Ashland County get paid back?
- Loans with a final outcome recorded15
- Paid in full15
- Charged off0
- Status: Paid in full15
- Status: Cancelled11
- Status: Exempt from disclosure54
- Status: Committed, not yet disbursed5
Only 15 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
Compare against the national and state SBA charge-off rates, computed the same way over resolved loans only.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Ashland County
SBA lending by place in Ashland County
- Borrower cities with recorded lending8
- Ashland, approvals55
- Nova, approvals7
- Jeromesville, approvals6
- Sullivan, approvals6
- Loudonville, approvals5
- Polk, approvals4
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Ashland | 55 | $15,412,300 |
| Nova | 7 | $216,200 |
| Jeromesville | 6 | $293,200 |
| Sullivan | 6 | $157,000 |
| Loudonville | 5 | $302,200 |
| Polk | 4 | $292,600 |
| Perrysville | 1 | $162,000 |
| Rome | 1 | $50,000 |
Ashland accounts for 55 approvals against 7 in Nova. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Ashland County
How large is Ashland County?
- Land area423 sq mi
- Rank by land area among Ohio counties50th of 88
- Width, east to west16.3 mi
- Height, north to south35.3 mi
- Geographies sharing a boundary7
- Residents per square mile of land124
- Establishments per square mile2.41
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Ashland County
Flood risk in Ashland County
- Participation of the county's own NFIP community Ashland County, unincorporated areasParticipating, community 390759
- Communities in the county in the NFIP Community Status Book7
- Of those, participating in the NFIP5
- NFIP participation rate71.4 percent
- Communities carrying a CRS class0
- Radon levels in Ashland County, EPA zone predicted average indoor radon screening level greater than 4 pCi/LZone 1
The county's own community in the status book, unincorporated Ashland County (community 390759), participates in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. The EPA places Ashland County in radon zone 1, a predicted average indoor radon screening level greater than 4 pCi/L. The zone is a screening prediction for the county and does not substitute for a test at an address. 71.4 percent of the county's listed communities participate in the National Flood Insurance Program, per Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26. US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Coverage
What this page does not hold.
Traffic counts, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Feasibility studies
When a Ashland County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Ashland County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-202452,256
- Households20,720
- Average household size2.52
- Median household income$69,860
- Median age41.2
Common questions
Ashland County questions, answered from the record.
How many people live in Ashland County, Ohio?
The Census Bureau estimates 52,420 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 52,256, in 20,720 households, ranking 48th of 88 Ohio counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Ashland County's population growing?
The population has fallen 0.04 percent since the 2020 census base of 52,442, to 52,420 on July 1, 2024. In 2024 there were 584 births against 649 deaths, with net migration of 308. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Ashland County?
$69,860. The median owner-occupied home is valued at $186,800, which is 2.7 times income, and median gross rent is $888 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Ashland County?
1,021 establishments, employing 17,851 people with an annual payroll of $798.3 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is employment by industry in Ashland County?
Manufacturing is the largest private sector at 3,278 jobs, 17.3 percent of covered employment. Covered employment averages 18,904 jobs at an average annual pay of $48,877, or $940 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Ashland County?
85 7(a) approvals totaling $16.9 m since FY2020, across 14 lenders, with a median approval of $50,000, plus 14 504 approvals worth $4.0 m since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Ashland County?
57 housing units were authorized by permit in 2024, with a declared construction value of $14.9 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Ashland County?
Zone 1, a predicted average indoor radon screening level greater than 4 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Ashland County come from?
The largest single origin is Richland County, with 283 households. Arriving households report an average income of $51,587 against $47,803 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Ashland County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Ashland County?
No. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame, to be confirmed locally.
Ashland County
Cities and places in Ashland.
12 Census places lie wholly or partly in Ashland County. All 12 carry enough published place level data for a page of their own and are linked.
| Place | Type | Population | SBA 7(a) approvals, projects in this county | Lies in |
|---|---|---|---|---|
| Ashland | city | 18,911 | 55 | Wholly in this county |
| Loudonville | village | 3,230 | 5 | 81.7 percent here, 18.3 percent Holmes County |
| Sullivan | CDP | 1,027 | 6 | Wholly in this county |
| Cinnamon Lake | CDP | 933 | None recorded | Wholly in this county |
| Perrysville | village | 822 | 1 | Wholly in this county |
| Hayesville | village | 580 | None recorded | Wholly in this county |
| Jeromesville | village | 547 | 6 | Wholly in this county |
| Nankin | CDP | 421 | None recorded | Wholly in this county |
| Polk | village | 380 | 4 | Wholly in this county |
| Bailey Lakes | village | 314 | None recorded | Wholly in this county |
| Savannah | village | 306 | None recorded | Wholly in this county |
| Mifflin | village | 247 | None recorded | Wholly in this county |
A further 8 of the county's 85 SBA 7(a) approvals are to borrowers in cities that match no Census place in Ashland County, the largest being Nova (7), Rome (1). Those are postal cities, unincorporated areas and cities outside the county, so no place row claims them; they are counted in the county total above.
Nearby