Last updated: 2024 BLS data · Page refreshed:
Tipton has a population of 241 with a median age of 31.8. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 241 |
| Median Age | 31.8 |
| White | 96.7% |
| Other / Two or More Races | 3.3% |
The median household income in Tipton is $39,713, which is 50.7% below the national median of $80,610. The per capita income is $47,588. The poverty rate is 4.6%.
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In Tipton, 96.5% of residents age 25+ have a high school diploma or higher, and 22.4% hold a bachelor's degree or higher (6.3% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 96.5% |
| Bachelor's Degree or Higher | 22.4% |
| Graduate or Professional Degree | 6.3% |
The median home value in Tipton is $106,300, below the national median of $303,400. The median monthly rent is $429. The homeownership rate is 45.3%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $106,300 |
| Median Monthly Rent | $429 |
| Homeownership Rate | 45.3% |
| Vacancy Rate | 15.7% |
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