Tipton, MO
Full City Profile · Missouri
Tipton, MO
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 $45,370 , which is 40% below the national average of $75,149. Per capita income is $14,318. The unemployment rate stands at 1.8% (50% below the U.S. rate of 3.6%). 12.1% of residents live below the poverty line.
Housing & Cost of Living
The median home value in Tipton is $119,900 , 57% below the national median of $281,900. Zillow estimates the typical home at $189,561. Median rent is $768/month, with 24.9% of renters spending more than 30% of income on housing. The cost of living index is 90.8 (100 = national average). The median home was built in 1974.
Education
7.7% of adults in Tipton hold a bachelor's degree or higher (77% below the national average). 87.9% have completed high school. Local schools score 5.5/10 in standardized testing.
Climate & Weather
Tipton has an average annual temperature of 55°F (13°C). Winters average 30°F in January while summers reach 78°F in July. Annual precipitation totals 43.2 inches.