Living in Sharon, Tennessee

Cost of living, income, home prices, rent and demographics of Sharon · Census data 2020–2024

Sharon has 1,036 residents with a median age of 44.5. The median household income is $33,906 (51% lower than the Tennessee median), the median home value is $99,400, the median rent is $625/month.

Sharon is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Sharon at a glance

Population
1,036
Median age
44.5State: 38.9
Median household income
$33,906State: $69,595
Median home value
$99,400State: $286,700
Median rent
$625/moState: $1,189
Homeowners
64.9%
Bachelor's degree or higher
19.9%
Average commute
19 min

Is Sharon a good place to live?

Pros: Home values 65% lower than the state median; an average commute of 19 minutes; unemployment of 2%; a poverty rate of 10.9%.

Cons: Median household income 51% lower than the Tennessee median.

The weather is best in May and August to October.

Cost of living in Sharon

Housing is the biggest part of the cost of living. In Sharon the median home value is $99,400, 70% lower than the U.S. median. Renters pay a median of $625 per month, which is 27.5% of household income. Homeowners with a mortgage pay $992 a month in housing costs.

Median home value

Sharon$99,400
Tennessee$286,700
United States$332,700

Median monthly rent

Sharon$625
Tennessee$1,189
United States$1,413

Sharon median household income

The median household income in Sharon is $33,906 and the income per person is $26,288. 10.9% of residents live below the poverty line (Tennessee: 13.8%).

Median household income

Sharon$33,906
Tennessee$69,595
United States$80,734

Housing in Sharon: homes for sale and rent

Housing units
522
Owner-occupied
64.9%
Renter-occupied
35.1%
Vacant
11.1%Includes seasonal homes
Median year built
1969
Average household size
2.23

Sharon demographics

Population
1,036
Median age
44.5
Under 18
16.7%
65 and older
21.2%
Households
464
Foreign-born
0.9%
Veterans
6%Adults 18+

Race and ethnicity

White88.4%
Hispanic or Latino6.8%
Black2.4%
Asian0%

Hispanic or Latino can be of any race. Population history of Sharon ›

Education in Sharon

19.9% of adults 25 and older in Sharon have a bachelor's degree or higher (Tennessee: 31.1%), and 2.2% have a graduate or professional degree.

Bachelor's degree or higher

Sharon19.9%
Tennessee31.1%
United States35.7%

Jobs and commute in Sharon

Unemployment rate
2%State: 4.7%
Average commute
19 minState: 26 min
Work from home
5%
Drive alone
84.7%
Public transit
0%
Walk to work
0%
Homes with broadband
80.6%

Sharon vs nearby towns

TownPopulationMedian incomeHome valueRent
Sharon1,036$33,906$99,400$625
Greenfield2,264$47,368$95,300$782
Martin10,915$43,381$198,300$859
Dresden2,943$51,000$126,900$725
Kenton1,513$41,525$111,200$704
Bradford1,385$47,361$116,000$740
Gleason1,159$57,917$93,200$676
Rutherford1,119$50,667$93,900$691
Dyer2,217$54,766$113,500$771

More for people moving to Sharon

Sharon ZIP code ›Weather and climate ›

Living in Sharon: FAQ

What is the median household income in Sharon, TN?

The median household income in Sharon is $33,906, 51% lower than the Tennessee median of $69,595 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Sharon?

The median home value in Sharon is $99,400, compared with $286,700 in Tennessee.

How much is rent in Sharon?

The median gross rent in Sharon is $625 per month, about 27.5% of household income.

Is Sharon, TN a good place to live?

Pluses: home values 65% lower than the state median; an average commute of 19 minutes; unemployment of 2%; a poverty rate of 10.9%. Minuses: median household income 51% lower than the Tennessee median.

What is the median age in Sharon?

The median age in Sharon is 44.5 years (Tennessee: 38.9).

How long is the commute in Sharon?

The average commute to work in Sharon is 19 minutes; 5% of workers work from home.

What is the unemployment rate in Sharon?

The unemployment rate in Sharon is 2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Sharon?

19.9% of adults in Sharon have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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