Tipton, IN
Full City Profile · Indiana · Tipton County County
Tipton, IN
At a Glance
How Tipton Compares to the U.S. Average
Each bar shows Tipton's value as a percentage of the national average (100% = U.S. avg)
Is Tipton a Good Place to Live?
Economy & Jobs
Tipton residents earn a median household income of $64,709 , which is 14% below the national average of $75,149. Per capita income is $35,063. The unemployment rate stands at 4.4% (22% above the U.S. rate of 3.6%). 13.8% of residents live below the poverty line. The area is home to 348 business establishments, including 24 restaurants.
Housing & Cost of Living
The median home value in Tipton is $148,800 , 47% below the national median of $281,900. Zillow estimates the typical home at $246,411. Median rent is $853/month, with 16.2% of renters spending more than 30% of income on housing. The cost of living index is 93.3 (100 = national average). The median home was built in 1953.
Safety & Crime
Tipton reports 172 violent crimes per 100,000 residents , which is 55% below the national average of 380/100K. Property crime is 344/100K.
Education
23.2% of adults in Tipton hold a bachelor's degree or higher (31% below the national average). 88.6% have completed high school. Local schools score 6.0/10 in standardized testing.
Climate & Weather
Tipton has an average annual temperature of 51°F (11°C). Winters average 26°F in January while summers reach 73°F in July. Annual precipitation totals 42.4 inches.