Sharon Springs, NY
Population 635 · New York
About Sharon Springs, NY
Sharon Springs is a small community located in New York with a population of 635 residents according to the latest US Census Bureau American Community Survey data. The median household income is $50,865 per year, which is 32% below the national median of $75,149. The median age of 35.6 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Sharon Springs features a median home value of $117,000, which is 52% below the national median of $244,900. This makes Sharon Springs one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $1,165, 0% above the national average of $1,163/month. Of the 290 total housing units, 54% are owner-occupied (130 units) and 46% are renter-occupied (109 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Sharon Springs shows an unemployment rate of 5.3%, which is near the national rate of 3.7%. The poverty rate stands at 27.7%, above the national average of 12.4%. Workers in Sharon Springs have an average one-way commute time of 33.2 minutes.
Education & Demographics
20.1% of Sharon Springs residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 0.6% Hispanic or Latino, 2.0% Black or African American, and 1.9% Asian residents, with 1.4% of the population being foreign-born.
Cost of Living in Sharon Springs, NY
Compared to national averages, Sharon Springs has a median household income of $50,865 (32% below the national median of $75,149). Home values average $117,000, which is 52% below the national median. Monthly rent at $1,165 is 0% above the US average of $1,163. Within New York, Sharon Springs's income is 48% below the state average of $96,987, and home values are 70% below the state median of $387,181.
Why Live in Sharon Springs, NY?
Sharon Springs offers affordable housing with a median home value of $117,000, below the US average of $244,900.
Potential considerations include median household income ($50,865) that falls below the national average. However, Sharon Springs’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Sharon Springs has a population of 635 with a median age of 35.6 years. Compare Sharon Springs with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Sharon Springs
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| East Randolph | 633 | $75,240 | $98,700 | Compare |
| La Fargeville | 637 | $0 | $173,900 | Compare |
| Evans Mills | 632 | $52,708 | $189,200 | Compare |
| Glen Park | 639 | $50,227 | $171,700 | Compare |
| Sherman | 639 | $48,958 | $107,400 | Compare |
| Chaumont | 640 | $73,750 | $199,000 | Compare |
| Star Lake | 640 | $59,286 | $83,600 | Compare |
| Willsboro Point | 640 | $127,658 | $288,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New York
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Sharon Springs With Other Cities
Frequently Asked Questions about Sharon Springs
What is the population of Sharon Springs, NY?
The population of Sharon Springs, NY is 635 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in New York.
What is the median household income in Sharon Springs?
The median household income in Sharon Springs, NY is $50,865 per year, which is 32% below the national median of $75,149.
What is the median home value in Sharon Springs?
The median home value in Sharon Springs, NY is $117,000, which is 52% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Sharon Springs?
The median monthly rent in Sharon Springs, NY is $1,165, which is 0% above the national average of $1,163/month.
What is the unemployment rate in Sharon Springs?
The unemployment rate in Sharon Springs, NY is 5.3%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Sharon Springs, NY a good place to live?
Sharon Springs offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 635 and a median age of 35.6, the city appeals to a broad range of residents.
How educated is Sharon Springs, NY?
20.1% of residents in Sharon Springs 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 Sharon Springs?
Key cost-of-living indicators for Sharon Springs, NY: median home value is $117,000 (52% below national), median rent is $1,165/month, and median household income is $50,865. The home-value-to-income ratio is 2.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Sharon Springs?
The poverty rate in Sharon Springs, NY is 27.7%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Sharon Springs, NY?
Sharon Springs's population is 0.0% White, 0.6% Hispanic or Latino, 2.0% Black or African American, 1.9% Asian, and 0.0% two or more races. 1.4% of residents are foreign-born.