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
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-Occupied | 67.8% |
| Renter-Occupied | 32.2% |
| Homeownership Rate | 67.8% |
| Total Housing Units | 2,542 |
| Median Year Built | 1953 |
| Rent Burden | 16.2% |
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