Sharpsville, IN
Population 663 · Indiana
About Sharpsville, IN
Sharpsville is a small community located in Indiana with a population of 663 residents according to the latest US Census Bureau American Community Survey data. The median household income is $90,978 per year, which is 21% above the national median of $75,149. The median age of 36.8 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Sharpsville features a median home value of $117,800, which is 52% below the national median of $244,900. This makes Sharpsville one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $958, 18% below the national average of $1,163/month. Of the 234 total housing units, 87% are owner-occupied (191 units) and 13% are renter-occupied (29 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Sharpsville shows an unemployment rate of 3.2%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 6.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Sharpsville have an average one-way commute time of 19.3 minutes, one of the shorter commutes in the region.
Education & Demographics
33.2% of Sharpsville residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.0% White, 0.3% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.6% of the population being foreign-born.
Cost of Living in Sharpsville, IN
Compared to national averages, Sharpsville has a median household income of $90,978 (21% above the national median of $75,149). Home values average $117,800, which is 52% below the national median. Monthly rent at $958 is 18% below the US average of $1,163. Within Indiana, Sharpsville's income is 31% above the state average of $69,330, and home values are 28% below the state median of $163,409.
Why Live in Sharpsville, IN?
Sharpsville offers a strong local economy with a median household income of $90,978, well above the national average, and affordable housing with a median home value of $117,800, below the US average of $244,900, and rent that’s lower than the national average at $958/month. Additionally, the city features a strong job market with an unemployment rate of just 3.2%, and a low poverty rate of 6.8%, better than the national average, and short commute times averaging just 19.3 minutes.
Sharpsville has a population of 663 with a median age of 36.8 years. Compare Sharpsville with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Sharpsville
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Cynthiana | 663 | $75,625 | $115,600 | Compare |
| Pennville | 666 | $36,607 | $75,000 | Compare |
| Lake of the Woods | 658 | $64,375 | $189,600 | Compare |
| Lakeville | 669 | $55,179 | $122,300 | Compare |
| Mecca | 670 | $42,917 | $57,000 | Compare |
| Reynolds | 655 | $55,625 | $105,900 | Compare |
| Camden | 651 | $53,977 | $98,700 | Compare |
| Dana | 650 | $53,005 | $53,900 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Indiana
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Sharpsville With Other Cities
Frequently Asked Questions about Sharpsville
What is the population of Sharpsville, IN?
The population of Sharpsville, IN is 663 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Indiana.
What is the median household income in Sharpsville?
The median household income in Sharpsville, IN is $90,978 per year, which is 21% above the national median of $75,149.
What is the median home value in Sharpsville?
The median home value in Sharpsville, IN is $117,800, which is 52% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Sharpsville?
The median monthly rent in Sharpsville, IN is $958, which is 18% below the national average of $1,163/month.
What is the unemployment rate in Sharpsville?
The unemployment rate in Sharpsville, IN is 3.2%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Sharpsville, IN a good place to live?
Sharpsville offers above-average incomes, affordable housing, and a strong job market. With a population of 663 and a median age of 36.8, the city appeals to a broad range of residents.
How educated is Sharpsville, IN?
33.2% of residents in Sharpsville aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Sharpsville?
Key cost-of-living indicators for Sharpsville, IN: median home value is $117,800 (52% below national), median rent is $958/month, and median household income is $90,978. The home-value-to-income ratio is 1.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Sharpsville?
The poverty rate in Sharpsville, IN is 6.8%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Sharpsville, IN?
Sharpsville's population is 0.0% White, 0.3% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 1.4% two or more races. 0.6% of residents are foreign-born.