Sharon, CT

Full City Profile · Connecticut · Northwest Hills Planning Region County

5.0 /5.0
A+ Excellent
495 Population 166/sq mi density
$158,146 Median Income $134,922 per capita
$276,300 Home Value $695,239 Zillow
$3,501 Median Rent 23.7% income on rent
48°F Avg Temperature
A+
Overall
5.0 / 5.0
Strong
A+
Economy
5.0 / 5.0
$158,146 median income, 2.3% unemployment
A+
Affordability
5.0 / 5.0
$276,300 home value, $3,501/mo rent
A+
Education
5.0 / 5.0
80.8% bachelor's degree or higher

Sharon, CT

At a Glance

Median Income
$158,146
110% above
$134,922 per capita
Home Value
$276,300
2% below
Zillow: $695,239
Median Rent
$3,501/mo
201% above
23.7% of income on rent
Bachelor's Degree+
80.8%
140% above
90.3% high school+
Unemployment
2.3%
36% below
0.0% poverty rate
Obesity Rate
25.7%
20% below
8.5% smoking rate
Avg Temperature
48°F

How Sharon Compares to the U.S. Average

Each bar shows Sharon's value as a percentage of the national average (100% = U.S. avg)

Income
210%
Home Value
98%
Rent
301%
Poverty
0%
Bachelor's
240%
Unemployment
64%
Thin vertical line = U.S. national average (100%)

Is Sharon a Good Place to Live?

A+
5.0 / 5.0 - Excellent
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Sharon residents earn a median household income of $158,146 , which is 110% above the national average of $75,149. Per capita income is $134,922. The unemployment rate stands at 2.3% (36% below the U.S. rate of 3.6%). 0.0% of residents live below the poverty line. The area is home to 4,670 business establishments, including 273 restaurants.

Housing & Cost of Living

The median home value in Sharon is $276,300 , 2% below the national median of $281,900. Zillow estimates the typical home at $695,239. Median rent is $3,501/month, with 23.7% of renters spending more than 30% of income on housing. The cost of living index is 103.6 (100 = national average). The median home was built in 1938.

Education

80.8% of adults in Sharon hold a bachelor's degree or higher (140% above the national average). 90.3% have completed high school. Local schools score 6.1/10 in standardized testing.

Climate & Weather

Sharon has an average annual temperature of 48°F (9°C). Winters average 25°F in January while summers reach 71°F in July. Annual precipitation totals 46.9 inches.

Data Overview

People

Population495
Median Age68.6 yrs
Density166/mi²
Male / Female33% / 67%
Foreign Born11.1%
Veterans0.0%

Economy

A+
Median Income$158,146
Per Capita$134,922
Unemployment2.3%
Poverty0.0%
County GDP$6,465M
Avg Weekly Wage$1,237

Housing

A+
Home Value$276,300
Rent$3,501
Ownership64.8%
Zillow$695,239
Housing Units381
Rent Burden23.7%

Health

Obesity25.7%
Diabetes6.4%
Smoking8.5%
Heart Disease4.1%

Climate

Avg Temp48°F
Rain46.9 in/yr
Elevation814 ft

Education

A+
Bachelor's+80.8%
High School+90.3%
Graduate+20.6%
School Score6.1/10

Community

2024 VoteR 50% / D 49%
Commute12 min
Broadband100.0%
EV Stations2
Libraries21

Did You Know?

Sharon was founded in 1739.
The median home in Sharon was built in 1938.
17.3% of residents use public transit to commute.
17.8% work from home.
The nearest airport is Hudson Valley Regional (28 miles).
The Gini coefficient (income inequality) is 0.480 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
15.1% of the population has a disability.
11.1% of residents are foreign-born.
There are 273 restaurants in the area.