HomeVirginiaHanover CountyAshland
Ashland, Virginia: commercial real estate data.
Ashland is a Census town of 7,772 people across 7.20 square miles of land, in Hanover County. Median household income is $61,164, 55.8 percent of occupied homes are owned, and the SBA record carries 47 7(a) approvals to borrowers here worth $51.6 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Ashland
What Ashland is
- Census place typetown
- Land area7.2 sq mi
- Water area0.03 sq mi
- Population per square mile of land1,080
- County holding the largest share of its areaHanover 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
- Population7,772
- Median age30.6
- Population under 181,353 plus or minus 278
- Share under 1817.4 percent plus or minus 3.6
- Population 65 and over1,408 plus or minus 297
- Share 65 and over18.1 percent plus or minus 3.8
- Households2,809
- Family households1,586
- Share of households that are families56.5 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$61,164 plus or minus $16,895
- Per capita income$34,801
- Civilian labor force3,735
- Employed3,552
- Unemployed183 plus or minus 80
- Unemployment rate4.9 percent plus or minus 2.1
- Adults 25 and over4,537
- Adults 25 and over with a high school diploma or higher89.6 percent
- Adults 25 and over with a bachelor degree or higher38.0 percent
- Adults 25 and over with a graduate degree15.5 percent plus or minus 3.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Ashland
Housing in Ashland
- Housing units3,164
- Occupied units2,809
- Vacant units355 plus or minus 157
- Vacancy rate11.2 percent plus or minus 4.9
- Owner occupied1,567
- Renter occupied1,242
- Ownership rate55.8 percent
- Median owner-occupied home value$293,200
- Median gross rent, monthly$1,229
- Annual rent as a share of median income24.1 percent plus or minus 7.3
- Single family units1,986
- Share single family62.8 percent
- Units in buildings of two or more778 plus or minus 197
- Share in buildings of two or more24.6 percent plus or minus 6.0
- Mobile homes397 plus or minus 135
- Median year structure built1983
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 commute3,017
- Commuting under 15 minutes890 plus or minus 187
- Share commuting under 15 minutes29.5 percent
- Commuting 30 minutes or more849 plus or minus 189
- Share commuting 30 minutes or more28.1 percent
- Drove alone70.6 percent
- Carpooled5.0 percent plus or minus 3.3
- Public transport0.6 percent plus or minus 0.9
- Walked7.5 percent plus or minus 2.7
- Worked from home14.3 percent plus or minus 4.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Ashland
SBA loans in Ashland (7(a))
- Approvals47
- Gross approval$51,577,900
- Average approval$1,097,402
- Median approval$200,000
- Ninetieth percentile approval$4,422,740
- Largest approval$5,000,000
- Jobs supported849
- Jobs per approval18.1
- Loans with a final outcome5
- Paid in full5
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more17.0 percent
- Share to franchises42.6 percent
- Distinct lenders24
- Distinct industries by NAICS25
Counted by borrower city: approvals to borrowers whose address is in Ashland, in any county, FY2020 to FY2026. Only 5 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
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)
- Approvals29
- Gross approval$20,336,000
- Average approval$701,241
- Median approval$465,000
- Largest approval$2,083,000
- Jobs supported354
- Loans with a final outcome7
- Charged off0
- Median term240 months
- Distinct CDCs2
Counted by borrower city: approvals to borrowers whose address is in Ashland, in any county, FY2010 to FY2026. Only 7 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Ashland
Flood risk in Ashland
- NFIP communityTown of Ashland
- NFIP community number510075
- Participating in the NFIPYes
- Community Rating System classClass 8
- Currently effective map date06/20/24
The Town of Ashland participates in the National Flood Insurance Program as community 510075 and carries Community Rating System class 8, a flood insurance premium discount for policies written there.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Hanover County, not Ashland
Hanover County context, not Ashland figures
- Establishments in Hanover County3,413
- Covered employment, Hanover County59,513
- Average annual pay, Hanover County$55,746
- Housing units permitted, Hanover County447
Every figure in this section is published for Hanover County as a whole and is not a measurement of Ashland.
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.
Coverage
What this page does not hold.
Parcel detail, 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 →
Common questions
Ashland questions, answered from the record.
How many people live in Ashland, Virginia?
7,772, in 2,809 households. Ashland town covers 7.20 square miles of land, which is 1,080 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?
Hanover 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?
$61,164. The median owner-occupied home is valued at $293,200. Median gross rent is $1,229 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?
47 7(a) approvals totaling $51.6 m since FY2020, across 24 lenders, median approval $200,000, plus 29 504 approvals worth $20.3 m since FY2010. 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 5 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Ashland in the National Flood Insurance Program?
Yes. Ashland appears in the FEMA Community Status Book as Ashland, town of, community 510075, carrying Community Rating System class 8, which is a premium discount for exceeding the program minimum. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Ashland figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Hanover 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?
No. Nothing on this page presents parcel level zoning.
Nearby