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The median household income in Sharon town was $100,941 in 2021, which marked an a decrease of 9,608(8.69%) from $110,549 in 2020. This income is 135.30% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Sharon town sees its highest median household income among householders in the age group of 65 years and over old, at $125,850. Overall, the median household income for the town of Sharon town stands at $100,941.
In Sharon town, the median income for all workers aged 15 years and older, regardless of work hours, was $65,203 for males and $43,449 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $66,921 for males and $57,031 for females.
In Sharon town, population is primarily represented by White households, reporting a median income of $115,611.
In 2021, the population of Sharon town was 2,675, a 0.22% increase year-by-year from 2020. Previously, in 2020, Sharon town's population was 2,669, a decline of 0.85% compared to a population of 2,692 in 2019.
The median age in Sharon, Connecticut is 54.0, as per 2021 ACS 5-Year Estimates. Of the total population, 9.48% were under the age of 15, 12.39% aged 15 to 29, 43.37% aged 30 to 64, 32.59% aged 65 to 84, and 2.16% were 85 years of age and older.
The total population of Sharon town is estimated to be 2,679 with 1,342 males (50.09%) and 1,337 females (49.91%). There are 5 less females than males in Sharon town.
Racial distribution of Sharon town population: 90.22% are White, 0.22% are Black or African American, 1.64% are Asian, 7.84% are some other race and 0.07% are multiracial.