Sharon, VT is a beautiful small town located in the scenic Green Mountains. It has a population of 1,397 and is known for its local businesses such as Sharon Pharmacy, Mad Tom Orchard & Cidery, the Old Mill Inn and Restaurant, and Sharon Hardware & Supply. The cost of living in Sharon is lower than the US average with 2 bedroom rent being $1,110 compared to $1,430 nationally. The grocery cost index in Sharon comes in at 107 versus 100 for the US. Overall, Sharon offers a peaceful atmosphere with easy access to natural beauty as well as convenient amenities for locals and visitors alike.
Sharon has an unemployment rate of 3.2%. The US average is 6.0%.
Sharon has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 28.6%, which is lower than the US average of 33.5%.
Tax Rates for Sharon
- The Sales Tax Rate for Sharon is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Sharon is 6.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Sharon
- The average income of a Sharon resident is $30,213 a year. The US average is $28,555 a year.
- The Median household income of a Sharon resident is $76,293 a year. The US average is $69,021 a year.