Last updated: 2024 BLS data · Page refreshed:
Tipton has a population of 784 with a median age of 42.5. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 784 |
| Median Age | 42.5 |
| White | 72.6% |
| Black or African American | 4.7% |
| Hispanic or Latino | 24.7% |
The median household income in Tipton is $63,125, which is 21.7% below the national median of $80,610. The per capita income is $24,939. The poverty rate is 23.5%.
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In Tipton, 84.4% of residents age 25+ have a high school diploma or higher, and 17.0% hold a bachelor's degree or higher (4.4% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 84.4% |
| Bachelor's Degree or Higher | 17.0% |
| Graduate or Professional Degree | 4.4% |
The median home value in Tipton is $73,300, below the national median of $303,400. The median monthly rent is $549. The homeownership rate is 76.5%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $73,300 |
| Median Monthly Rent | $549 |
| Homeownership Rate | 76.5% |
| Vacancy Rate | 29.6% |
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