Cost of Living in Sharpsville, PA

Population 4,219 · Pennsylvania · Data vintage 2023

48
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Sharpsville is a smaller Pennsylvania community of around 4000 residents, where median household incomes of $50,363 and housing costs ($117,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. Unemployment has stayed elevated relative to the national figure — 7.7% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Located 55 miles east of Akron, Sharpsville is far enough out that local conditions diverge meaningfully from the big-metro baseline. Housing prices track closely with Akron's $111,000 median.

Cost Overview

Housing 38
Rent 62

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

About the Cost of Living in Sharpsville

The median home value in Sharpsville is $117,200 — 62% below the national median of $305,000. Median rent runs $810/month, 38% lower than the national median of $1,314/month. The median household income of $50,363/year is 32% lower than the US median of $74,580. The local unemployment rate is 7.7%, above the national average of 4.8%. Pennsylvania's top state income tax rate is 3.1% and the combined sales tax is 6.3%. The climate averages highs of 59.7°F and lows of 40.1°F, with about 67.8" of annual snowfall. Overall, Sharpsville has a cost of living index of 48 versus the US average of 100, meaning it is 52% less expensive.

🏠 Housing

Median Home Value
$117,200
62% below avg
Zillow Home Value
$230,334
Zillow ZHVI
Median Rent
$810/mo
38% below avg
Price-to-Rent Ratio
12.1x
Favors buying
Property Tax Rate
1.6%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$779
1 BR
$871
2 BR
$1,065
3 BR
$1,337
4 BR
$1,547
Owner-occupied 62.4%
Renter-occupied 37.6%

💰 Estimated Monthly Budget

Rent median rent
$810
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,424/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
21.5 min
20% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
8.1%

Commute Mode

Drove alone
81.5%
Carpooled
9.0%
Public transit
0.9%
Walked
0.5%
Work from home
8.1%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) 3.1%
Total Sales Tax 6.3%
State rate 6.0%
Avg local rate 0.3%
Property Tax 1.6%

💼 Income & Employment

Median Household Income
$50,363
32% below avg
Per Capita Income
$30,715
Unemployment Rate
7.7%
59% above avg
Poverty Rate
13.1%
Labor Force Participation
59.9%

🎓 Education

Bachelor's degree+ 17.3%
Graduate degree 8.2%

👥 Demographics

Median Age 43.4
Male median age 40.3
Female median age 51.1

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
59.7°F
Avg Low
40.1°F
Annual Precip
41.2"
Annual Snowfall
67.8"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 343747607179838174625039
Low °F 192128384856605952423326
Precip" 3.032.523.213.753.723.904.273.483.843.342.963.17
Snow" 19.615.110.52.60.00.00.00.00.00.74.514.8

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 44 — Good
65.1%
Good air days/yr
196
Max AQI recorded
145
PM2.5 days
219
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

97%
4-Year Graduation Rate
16:1
Student-teacher ratio
3
Public schools
1,134
Total enrollment

Frequently Asked Questions

What is the cost of living in Sharpsville, PA?

Sharpsville has a cost index of 48 (100 = national average). It is 52% below the national average.

What is average rent in Sharpsville, PA?

The median gross rent in Sharpsville is $810 per month based on 2023 Census data.

What is the average home price in Sharpsville?

The median home value in Sharpsville is $117,200 according to Zillow and Census data.

What is the median income in Sharpsville?

The median household income in Sharpsville is $50,363 per year (2023 ACS 5-year estimates).

What is the sales tax in Sharpsville, PA?

The combined state and local sales tax rate in Sharpsville is 6.3%. The Pennsylvania state income tax top rate is 3.1%.

Is Sharpsville, PA affordable?

Yes, Sharpsville is generally considered affordable, with a cost of living index of 48 — about 52% below the US national average of 100.

What is the weather like in Sharpsville?

Sharpsville has average high temperatures of 59.7°F and average lows of 40.1°F. Annual precipitation is 41.2". Average annual snowfall is 67.8". Data from NOAA 1991–2020 Climate Normals.

Sharpsville at a Glance

Population
4,219
Median Income
$50,363
Home Value
$117,200
Median Rent
$810/mo
Unemployment
7.7%
Avg High Temp
59.7°F
Sales Tax
6.3%
View all cities in Pennsylvania →
🗺️ County data for Pennsylvania

Explore county-level cost of living data

Similar Cost Cities

Cities in other states with comparable housing costs