Sharon, TN
Population 1,105 · Tennessee
About Sharon, TN
Sharon is a small town located in Tennessee with a population of 1,105 residents according to the latest US Census Bureau American Community Survey data. The median household income is $33,385 per year, which is 56% below the national median of $75,149. The median age of 45.8 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Sharon features a median home value of $95,900, which is 61% below the national median of $244,900. This makes Sharon one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $618, 47% below the national average of $1,163/month. Of the 575 total housing units, 61% are owner-occupied (300 units) and 39% are renter-occupied (191 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Sharon shows an unemployment rate of 1.3%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 13.2%, above the national average of 12.4%. Workers in Sharon have an average one-way commute time of 21.9 minutes.
Education & Demographics
18.0% of Sharon 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 1.4% White, 0.0% Hispanic or Latino, 5.6% Black or African American, and 0.0% Asian residents, with 0.5% of the population being foreign-born.
How Sharon Ranks in Tennessee
Cost of Living in Sharon, TN
Compared to national averages, Sharon has a median household income of $33,385 (56% below the national median of $75,149). Home values average $95,900, which is 61% below the national median. Monthly rent at $618 is 47% below the US average of $1,163. Within Tennessee, Sharon's income is 47% below the state average of $62,849, and home values are 55% below the state median of $214,371.
Why Live in Sharon, TN?
Sharon offers affordable housing with a median home value of $95,900, below the US average of $244,900, and rent that’s lower than the national average at $618/month, and a strong job market with an unemployment rate of just 1.3%. Additionally, the city features short commute times averaging just 21.9 minutes.
Potential considerations include median household income ($33,385) that falls below the national average. However, Sharon’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Sharon has a population of 1,105 with a median age of 45.8 years. Compare Sharon with other cities to see how it stacks up, or explore all cities in Tennessee.
Similar Cities Near Sharon
Cities in Tennessee with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Coalmont | 1,103 | $58,362 | $138,400 | Compare |
| Altamont | 1,100 | $40,221 | $85,900 | Compare |
| Obion | 1,088 | $49,018 | $91,300 | Compare |
| Orlinda | 1,088 | $74,886 | $298,400 | Compare |
| Gainesboro | 1,086 | $45,313 | $148,500 | Compare |
| Tellico Plains | 1,124 | $43,859 | $168,000 | Compare |
| Mason | 1,126 | $47,143 | $129,900 | Compare |
| Lyles | 1,079 | $49,688 | $196,000 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Tennessee
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Sharon With Other Cities
Frequently Asked Questions about Sharon
What is the population of Sharon, TN?
The population of Sharon, TN is 1,105 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Tennessee.
What is the median household income in Sharon?
The median household income in Sharon, TN is $33,385 per year, which is 56% below the national median of $75,149.
What is the median home value in Sharon?
The median home value in Sharon, TN is $95,900, which is 61% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Sharon?
The median monthly rent in Sharon, TN is $618, which is 47% below the national average of $1,163/month.
What is the unemployment rate in Sharon?
The unemployment rate in Sharon, TN is 1.3%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Sharon, TN a good place to live?
Sharon offers a moderate cost of living, affordable housing, and a strong job market. With a population of 1,105 and a median age of 45.8, the city appeals to established professionals and retirees.
How educated is Sharon, TN?
18.0% of residents in Sharon 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?
Key cost-of-living indicators for Sharon, TN: median home value is $95,900 (61% below national), median rent is $618/month, and median household income is $33,385. The home-value-to-income ratio is 2.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Sharon?
The poverty rate in Sharon, TN is 13.2%, 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, TN?
Sharon's population is 1.4% White, 0.0% Hispanic or Latino, 5.6% Black or African American, 0.0% Asian, and 2.4% two or more races. 0.5% of residents are foreign-born.