Last updated: 2024 BLS data · Page refreshed:
Tipton has a population of 3,106 with a median age of 38.3. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 3,106 |
| Median Age | 38.3 |
| White | 90.2% |
| Black or African American | 1.1% |
| Hispanic or Latino | 5.1% |
| Other / Two or More Races | 3.6% |
The median household income in Tipton is $61,115, which is 24.2% below the national median of $80,610. The per capita income is $33,452. The poverty rate is 12.3%.
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In Tipton, 92.4% of residents age 25+ have a high school diploma or higher, and 20.2% hold a bachelor's degree or higher (4.8% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 92.4% |
| Bachelor's Degree or Higher | 20.2% |
| Graduate or Professional Degree | 4.8% |
The median home value in Tipton is $165,500, below the national median of $303,400. The median monthly rent is $845. The homeownership rate is 72.2%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $165,500 |
| Median Monthly Rent | $845 |
| Homeownership Rate | 72.2% |
| Vacancy Rate | 13.1% |
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