Sharon, TN is a great place to live with a diverse range of local companies and attractions. The cost of living there is much lower than the rest of the United States. For example, the average rent for a two-bedroom apartment in Sharon is only $740 per month compared to the national average of $1,430. Additionally, grocery costs are much cheaper in Sharon with an index score of 88 compared to 100 in the US. Companies such as Sharon Manufacturing and Pernix Therapeutics operate within Sharon and have helped contribute to its growth and success over time. With its affordability and selection of local businesses, Sharon is an ideal place to call home!
Sharon has an unemployment rate of 4.6%. The US average is 6.0%.
Sharon has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 33.0%, which is lower than the US average of 33.5%.
Tax Rates for Sharon
- The Sales Tax Rate for Sharon is 9.8%. 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 $18,693 a year. The US average is $28,555 a year.
- The Median household income of a Sharon resident is $27,583 a year. The US average is $69,021 a year.