Sharon, MS is a small city located in the northwest corner of the state. Despite its size, Sharon offers plenty of amenities and job opportunities for its residents. The cost of living is lower than the national average with a two-bedroom rent being only $800 a month and a grocery cost index of 98 compared to 100 in the US. With some of the top employers such as Sharon Regional Medical Center, the school district, and Harley-Davidson Motor Company, there are plenty of job opportunities in the area. Other local companies include Family Dollar, Walgreens, TJ Maxx, and Pizza Hut. These businesses provide many jobs to locals, allowing them to enjoy all that Sharon has to offer.
Sharon has an unemployment rate of 6.2%. The US average is 6.0%.
Sharon has seen the job market decrease by -1.2% over the last year. Future job growth over the next ten years is predicted to be 14.1%, which is lower than the US average of 33.5%.
Tax Rates for Sharon
- The Sales Tax Rate for Sharon is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Sharon is 5.0%. 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 $17,999 a year. The US average is $28,555 a year.
- The Median household income of a Sharon resident is $74,844 a year. The US average is $69,021 a year.