Sharpsville, IN is a small town in Tipton County with a population of 1,180 people. It is known for its affordable housing and low cost of living. The average rent for a two-bedroom apartment is $990 compared to the US average of $1,430 making it particularly attractive to those on a budget. Additionally, the Grocery Cost Index in Sharpsville is 93 compared to 100 in the US meaning groceries are even more affordable. Some popular local businesses include Coney Island Grill, G&T Automotive Repair and Don's Beauty Salon & Barber Shop.
Sharpsville has an unemployment rate of 3.2%. The US average is 6.0%.
Sharpsville has seen the job market decrease by -6.9% over the last year. Future job growth over the next ten years is predicted to be 42.5%, which is higher than the US average of 33.5%.
Tax Rates for Sharpsville
- The Sales Tax Rate for Sharpsville is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Sharpsville is 4.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Sharpsville
- The average income of a Sharpsville resident is $25,287 a year. The US average is $37,638 a year.
- The Median household income of a Sharpsville resident is $69,167 a year. The US average is $69,021 a year.