Ashland, MO Profile: Facts & Data

Ashland, Missouri - Basic Facts

The City of Ashland had a population of 5,313 as of July 1, 2024.

The primary coordinate point for Ashland is located at latitude 38.7745 and longitude -92.2571 in Boone County. The formal boundaries for the City of Ashland encompass a land area of 4.88 sq. miles and a water area of 0.01 sq. miles. Boone County is in the Central time zone (GMT -6).

The City of Ashland has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The City of Ashland is located within Township of Cedar, a minor civil division (MCD) of Boone County.

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Ashland, MO Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	5,313 (100%)
Population in Households	5,246 (98.7%)
Population in Families	4,465 (84.0%)
Population in Group Quarters¹	67 ( 1.3%)
Population Density	853
Diversity Index²	19


INCOME
Median Household Income	$94,447
Average Household Income	$118,002
% of Income for Mortgage⁴	25%
Per Capita Income	$45,101
Wealth Index⁵	98
Socioeconomic Status Index⁶	Moderate (60.8)

HOUSING
Total HU (Housing Units)	2,118 (100%)
Owner Occupied HU	1,566 (73.9%)
Renter Occupied HU	460 (21.7%)
Vacant Housing Units	92 ( 4.3%)
Median Home Value	$375,064
Average Home Value	$423,503
Housing Affordability Index³	93

HOUSEHOLDS
Total Households	2,026
Average Household Size	2.59
Family Households	1,446
Average Family Size	3.00

HOUSING

Total HU (Housing Units)

2,118 (100%)

Owner Occupied HU

1,566 (73.9%)

Renter Occupied HU

460 (21.7%)

Vacant Housing Units

92 ( 4.3%)

Median Home Value

$375,064

Average Home Value

$423,503

Housing Affordability Index³

HOUSEHOLDS

Total Households

2,026

Average Household Size

2.59

Family Households

1,446

Average Family Size

3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR	2020-2025	2025-2030
Population	2.12%	1.03%
Households	2.39%	1.17%
Families		0.84%
Median Household Income		2.62%
Per Capita Income		3.08%
Owner Occupied HU		1.93%

GROWTH RATE / YEAR

2020-2025

2025-2030

Population

2.12%

1.03%

Households

2.39%

1.17%

Families

0.84%

Median Household Income

2.62%

Per Capita Income

3.08%

Owner Occupied HU

1.93%

Ashland, MO - Peer Comparisons by Rank and Percentile

The table below compares Ashland to the other 1,082 incorporated cities, towns and CDPs in Missouri by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description	Rank	Percentile
Total Population	# 140	87th
Population Density	# 421	61st
Median Household Income	# 157	86th
Housing Affordability Index	# 427	39th
Per Capita Income	# 178	84th
Diversity Index	# 642	41st

Variable Description

Rank

Percentile

Total Population

# 140

87th

Population Density

# 421

61st

Median Household Income

# 157

86th

Housing Affordability Index

# 427

39th

Per Capita Income

# 178

84th

Diversity Index

# 642

41st

Missouri Census Data Comparison Tool

Ashland, MO Profile: Facts & Data

Ashland, Missouri - Basic Facts

Ashland, MO Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Ashland, MO - Peer Comparisons by Rank and Percentile

Ashland, MO - Most Popular Things to Do

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