Ashley, IN
Population 1,174 · Indiana
About Ashley, IN
Ashley is a small town located in Indiana with a population of 1,174 residents according to the latest US Census Bureau American Community Survey data. The median household income is $56,667 per year, which is 25% below the national median of $75,149. The median age of 36.8 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Ashley features a median home value of $117,600, which is 52% below the national median of $244,900. This makes Ashley one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $711, 39% below the national average of $1,163/month. Of the 540 total housing units, 66% are owner-occupied (307 units) and 34% are renter-occupied (157 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Ashley shows an unemployment rate of 0.5%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 10.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Ashley have an average one-way commute time of 18.9 minutes, one of the shorter commutes in the region.
Education & Demographics
6.2% of Ashley residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 8.4% White, 3.8% Hispanic or Latino, 0.0% Black or African American, and 1.1% Asian residents, with 0.1% of the population being foreign-born.
How Ashley Ranks in Indiana
Cost of Living in Ashley, IN
Compared to national averages, Ashley has a median household income of $56,667 (25% below the national median of $75,149). Home values average $117,600, which is 52% below the national median. Monthly rent at $711 is 39% below the US average of $1,163. Within Indiana, Ashley's income is 18% below the state average of $69,330, and home values are 28% below the state median of $163,409.
Why Live in Ashley, IN?
Ashley offers affordable housing with a median home value of $117,600, below the US average of $244,900, and rent that’s lower than the national average at $711/month, and a strong job market with an unemployment rate of just 0.5%. Additionally, the city features a low poverty rate of 10.3%, better than the national average, and short commute times averaging just 18.9 minutes.
Potential considerations include median household income ($56,667) that falls below the national average. However, Ashley’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Ashley has a population of 1,174 with a median age of 36.8 years. Compare Ashley with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Ashley
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Morocco | 1,169 | $60,000 | $113,500 | Compare |
| Montgomery | 1,184 | $93,750 | $226,000 | Compare |
| Clay City | 1,186 | $68,036 | $86,700 | Compare |
| Ladoga | 1,155 | $72,188 | $123,700 | Compare |
| Thorntown | 1,155 | $69,875 | $173,400 | Compare |
| Markle | 1,154 | $54,000 | $131,500 | Compare |
| Cordry Sweetwater Lakes | 1,200 | $100,167 | $284,200 | Compare |
| Long Beach | 1,201 | $128,750 | $660,300 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Indiana
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Ashley With Other Cities
Frequently Asked Questions about Ashley
What is the population of Ashley, IN?
The population of Ashley, IN is 1,174 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Indiana.
What is the median household income in Ashley?
The median household income in Ashley, IN is $56,667 per year, which is 25% below the national median of $75,149.
What is the median home value in Ashley?
The median home value in Ashley, IN is $117,600, which is 52% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Ashley?
The median monthly rent in Ashley, IN is $711, which is 39% below the national average of $1,163/month.
What is the unemployment rate in Ashley?
The unemployment rate in Ashley, IN is 0.5%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Ashley, IN a good place to live?
Ashley offers a moderate cost of living, affordable housing, and a strong job market. With a population of 1,174 and a median age of 36.8, the city appeals to a broad range of residents.
How educated is Ashley, IN?
6.2% of residents in Ashley aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Ashley?
Key cost-of-living indicators for Ashley, IN: median home value is $117,600 (52% below national), median rent is $711/month, and median household income is $56,667. The home-value-to-income ratio is 2.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Ashley?
The poverty rate in Ashley, IN is 10.3%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Ashley, IN?
Ashley's population is 8.4% White, 3.8% Hispanic or Latino, 0.0% Black or African American, 1.1% Asian, and 0.0% two or more races. 0.1% of residents are foreign-born.