Sharon is a city in Pennsylvania state in USA with a population of 13101 residents.. The poverty rate of Sharon is 26.9%, which is 92% higher than national average. The typical household in Sharon earns $31777 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 4 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 7 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 65.1% of households earn less than $50,000 a year compared to 39% national rate. With a lack of available jobs, many in Sharon are struggling financially. Nearly one in every 1 in every 10 workers in Sharon is unemployed. The high jobless rate has likely contributed to the widespread poverty in the city.

A high school education is a basic prerequisite for most jobs, and in Sharon, only 85% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Sharon remained 10.3%, which is 119% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Sharon, only 17% of adults have a bachelor's degree and 28% have some college but no degree.

Cost of living in Sharon is 82, which is 18% lower than national average. Median home value in Sharon is $64700 , which is 72% lower than national average. While median income in Sharon remained $31777, which is 53% lower than national average.