Cost of Living in Sharon, MA

Population 18,478 · Massachusetts · Data vintage 2023

206
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Sharon's housing market reflects its status as a high-earning metro: $698,000 for a typical home, 129% above the US median, paired with household incomes around $183,724 that put it in the upper third of the state. An unemployment rate of 2.9% points to a labor market well on the tight side of the national distribution.

Located 8 miles west of Brockton, Sharon falls within that metro's commuting orbit. Median home values run roughly 72% higher than Brockton's $406,000.

Cost Overview

Housing 229
Rent 173

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Sharon

The median home value in Sharon is $697,900 — 129% above the national median of $305,000. Median rent runs $2,269/month, 73% higher than the national median of $1,314/month. The median household income of $183,724/year is 146% higher than the US median of $74,580. The local unemployment rate is 2.9%, below the national average of 4.8%. Massachusetts's top state income tax rate is 9.0% and the combined sales tax is 6.3%. The climate averages highs of 62.9°F and lows of 41.0°F. Overall, Sharon has a cost of living index of 206 versus the US average of 100, meaning it is 106% more expensive.

🏠 Housing

Median Home Value
$697,900
129% above avg
Median Rent
$2,269/mo
73% above avg
Price-to-Rent Ratio
25.6x
Favors renting
Property Tax Rate
1.2%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$2,263
1 BR
$2,394
2 BR
$2,837
3 BR
$3,418
4 BR
$3,761
Owner-occupied 86.7%
Renter-occupied 13.3%

💰 Estimated Monthly Budget

Rent median rent
$2,269
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,883/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
37.1 min
37% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
29.0%

Commute Mode

Drove alone
51.4%
Carpooled
3.9%
Public transit
13.9%
Walked
0.9%
Bicycle
0.1%
Work from home
29.0%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 9.0%
Total Sales Tax 6.3%
State rate 6.3%
Avg local rate 0.0%
Property Tax 1.2%

💼 Income & Employment

Median Household Income
$183,724
146% above avg
Per Capita Income
$80,677
Unemployment Rate
2.9%
41% below avg
Poverty Rate
3.9%
Labor Force Participation
53.5%

🎓 Education

Bachelor's degree+ 32.9%
Graduate degree 43.1%

👥 Demographics

Median Age 42.5
Male median age 42.1
Female median age 42.8

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
62.9°F
Avg Low
41.0°F
Annual Precip
43.9"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 404249617180868477665544
Low °F 212230394857636152413426
Precip" 3.412.803.723.963.303.923.033.633.824.543.694.09

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 41 — Good
75.6%
Good air days/yr
136
Max AQI recorded
135
PM2.5 days
229
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

95%
4-Year Graduation Rate
13.5:1
Student-teacher ratio
6
Public schools
3,607
Total enrollment

Frequently Asked Questions

What is the cost of living in Sharon, MA?

Sharon has a cost index of 206 (100 = national average). It is 106% above the national average.

What is average rent in Sharon, MA?

The median gross rent in Sharon is $2,269 per month based on 2023 Census data.

What is the average home price in Sharon?

The median home value in Sharon is $697,900 according to 2023 Census ACS data.

What is the median income in Sharon?

The median household income in Sharon is $183,724 per year (2023 ACS 5-year estimates).

What is the sales tax in Sharon, MA?

The combined state and local sales tax rate in Sharon is 6.3%. The Massachusetts state income tax top rate is 9.0%.

Is Sharon, MA affordable?

Sharon is above average in cost of living, with an index of 206 — about 106% higher than the national average.

What is the weather like in Sharon?

Sharon has average high temperatures of 62.9°F and average lows of 41.0°F. Annual precipitation is 43.9". Data from NOAA 1991–2020 Climate Normals.

Sharon at a Glance

Population
18,478
Median Income
$183,724
Home Value
$697,900
Median Rent
$2,269/mo
Unemployment
2.9%
Avg High Temp
62.9°F
Sales Tax
6.3%
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Explore county-level cost of living data

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