Sharon, ND is a small rural town located in the Midwest. It has a population of less than 1000 people, making it an ideal location for those who desire a peaceful and quiet environment. The cost of living in Sharon is quite competitive with the US average. Rent for two-bedroom homes costs $990 compared to the national average of $1430. Additionally, grocery costs index at 93 compared to 100 in the US. There are several local businesses that contribute to the economy of Sharon including Curtis Farm Equipment Sales & Service, Meyers Lumber & Hardware Co., and Kezar Electric Service LLC. Overall, Sharon is an affordable place to live while providing its residents with plenty of nearby amenities and services.
Sharon has an unemployment rate of 3.5%. The US average is 6.0%.
Sharon has seen the job market decrease by -4.5% over the last year. Future job growth over the next ten years is predicted to be 29.1%, 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 2.0%. 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 $62,983 a year. The US average is $37,638 a year.
- The Median household income of a Sharon resident is $0 a year. The US average is $69,021 a year.