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The total population of Sharon town is estimated to be 18,473 with 8,851 males (47.91%) and 9,622 females (52.09%). There are 771 more females than males in Sharon town.
The median household income in Sharon town was $170,706 in 2021, which marked an an increase of 7,373(4.51%) from $163,333 in 2020. This income is 228.81% 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 25 to 44 years old, at $198,351. Overall, the median household income for the town of Sharon town stands at $170,706.
In Sharon town, the median income for all workers aged 15 years and older, regardless of work hours, was $92,884 for males and $58,658 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $137,299 for males and $101,773 for females.
In Sharon town, the demographic landscape is diverse, spanning 5 distinct racial categories among households. Among these, Asian households have the highest median household income at $214,461, while Black or African American households represent the opposite end with the lowest median household income of $141,705.
In 2022, the population of Sharon town was 18,408, a 0.44% decrease year-by-year from 2021. Previously, in 2021, Sharon town's population was 18,490, a decline of 0.30% compared to a population of 18,545 in 2020.
The median age in Sharon, Massachusetts is 42.6, as per 2021 ACS 5-Year Estimates. Of the total population, 21.98% were under the age of 15, 11.90% aged 15 to 29, 48.35% aged 30 to 64, 15.44% aged 65 to 84, and 2.33% were 85 years of age and older.
Racial distribution of Sharon town population: 72.52% are White, 1.72% are Black or African American, 0.19% are American Indian and Alaska Native, 18.18% are Asian, 1.71% are some other race and 5.67% are multiracial.