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ZipNumbers

Indiana · Census place 75986

Tipton city, IN

Quick answer

Tipton city has 5,255 residents, ranking #126 of 976 places in Indiana. Median household income is $64,709, the median home is worth $148,800 and median gross rent runs $853 a month.

Population
5,255Tipton city residents
Median household income
$64,709Past 12 months, inflation adjusted
Median home value
$148,800Owner-occupied units
Median gross rent
$853Rent plus utilities, monthly
Median age
40.3 yrsAll residents
Homeownership rate
67.8%Owner-occupied households

What the numbers mean in Tipton city

Housing cost measured against local earnings.

A household earning the Tipton city median would spend about 15.8% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 18.1% of residents and 67.8% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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