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Tipton, IN

Full City Profile · Indiana · Tipton County County

3.2 /5.0
B Good
5,255 Population 1,918/sq mi density
$64,709 Median Income $35,063 per capita
$148,800 Home Value $232,000 Zillow
$853 Median Rent 16.2% income on rent
51°F Avg Temperature 275 sunny days/yr
177 Violent Crime/100K 670 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$64,709 median income, 2.5% unemployment
A+
Affordability
5.0 / 5.0
$148,800 home value, $853/mo rent
F
Safety
1.0 / 5.0
177 violent crimes/100K
C+
Education
2.9 / 5.0
23.2% bachelor's degree or higher

Housing Overview

Median Home Value
$148,800
47% below
US avg: $281,900
Median Rent
$853/mo
27% below
US avg: $1,163/mo
Homeownership Rate
67.8%
4% above US avg (65.4%)
Total Housing Units
2,542
Median year built: 1953

Home Value by Source

Census Median
$148,800
Zillow (ZHVI)
$232,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

67.8%
Owner-Occupied
32.2%
Renter-Occupied
68%
32%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$840/mo
1 Bedroom
$845/mo
2 Bedroom
$1,109/mo
3 Bedroom
$1,330/mo
4 Bedroom
$1,725/mo
Census median rent: $853/mo

Affordability & Housing Stock

Rent Burden
16.2%
of renters spending 30%+ of income on housing
48% below US avg (31.0%)
Median Year Built
1953
Average age of housing stock: 73 years
Homeownership Rate
67.8%

Complete Housing Data

Home Values

Census Median Value$148,800
Zillow Home Value (ZHVI)$232,000

Rent

Census Median Rent$853
FMR Studio$840
FMR 1-Bedroom$845
FMR 2-Bedroom$1,109
FMR 3-Bedroom$1,330
FMR 4-Bedroom$1,725

Market

Ownership & Stock

Owner-Occupied67.8%
Renter-Occupied32.2%
Homeownership Rate67.8%
Total Housing Units2,542
Median Year Built1953
Rent Burden16.2%