Last updated: 2024 BLS data · Page refreshed:
Tipton has a population of 2,851 with a median age of 30.3. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 2,851 |
| Median Age | 30.3 |
| White | 28.5% |
| Black or African American | 0.3% |
| Hispanic or Latino | 89.8% |
The median household income in Tipton is $45,243, which is 43.9% below the national median of $80,610. The per capita income is $17,045. The poverty rate is 31.1%.
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In Tipton, 39.5% of residents age 25+ have a high school diploma or higher, and 6.4% hold a bachelor's degree or higher (1.5% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 39.5% |
| Bachelor's Degree or Higher | 6.4% |
| Graduate or Professional Degree | 1.5% |
The median home value in Tipton is $243,900, below the national median of $303,400. The median monthly rent is $1,370. The homeownership rate is 25.5%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $243,900 |
| Median Monthly Rent | $1,370 |
| Homeownership Rate | 25.5% |
| Vacancy Rate | 6.2% |
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