Tennessee · Census place 67540
Sharon town, TN
Quick answer
Sharon town has 1,105 residents, ranking #293 of 504 places in Tennessee. Median household income is $33,385, the median home is worth $95,900 and median gross rent runs $618 a month.
- Population
- 1,105Sharon town residents
- Median household income
- $33,385Past 12 months, inflation adjusted
- Median home value
- $95,900Owner-occupied units
- Median gross rent
- $618Rent plus utilities, monthly
- Median age
- 45.8 yrsAll residents
- Homeownership rate
- 61.1%Owner-occupied households
What the numbers mean in Sharon town
Housing cost measured against local earnings.
A household earning the Sharon town median would spend about 22.2% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 13.2% of residents and 61.1% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Tennessee.
- Wildwood CDP 1,133
- Mason town 1,126
- Tellico Plains town 1,124
- Coalmont city 1,103
- Altamont town 1,100
- Obion town 1,088
- Orlinda city 1,088
Keep going
More Tennessee coverage.