Sharon, SD is a small city located in the South Dakota area. It is known for its low cost of living, with two bedroom apartment rent being only $850 per month compared to the national average of $1,430. The grocery cost index in Sharon is also relatively low at 95 versus 100 in the US. This makes Sharon an attractive place to live for those looking for a more affordable lifestyle. \nThe city has a number of local businesses, such as Sharon's Supermarket and Red Owl Grocery Store providing groceries and other products to residents and visitors. Other services available include bank branches from Well Fargo and Santander Bank, auto repair shops like Steve's Auto Repair Services, and hardware stores such as Gary's Hardware & Home Center. Those looking for leisure activities can also visit Gopher Valley Golf Course or take in some local sports action at Town Field Baseball Park.
Sharon has an unemployment rate of 3.6%. The US average is 6.0%.
Sharon has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 20.6%, which is lower than the US average of 33.5%.
Tax Rates for Sharon
- The Sales Tax Rate for Sharon is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Sharon is 0.0%. 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 $35,034 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.