Much of Ashland's land is devoted to agriculture with potatoes and grain, topping the list of crops raised. Recreation and tourism are growing segments of the economic picture. By virtue of its location, Ashland's transportation facilities provide another component of the local economy. West of Ashland, the potential exists for a sizable copper and zinc mine. The development of metal mining could be a welcome addition to the local economy.
Efforts are underway for the development of an industrial park.
Recreation Recreational activities and choices are endless in this four-season playground. Part wild and part tame, abundant canoeing, boating, fishing, hunting and hiking opportunities exist within minutes of the downtown. Water sports, snow sports, museums and community festivals abound. The Lumberjack Roundup is one example of old-fashioned fun. Man to man competitions include crosscut sawing, log rolling, ax throwing and chainsaw events.