Tipton, IA demographics:
population, income, and more
Tipton population
How many people live in Tipton
Tipton is home to 3,106 residents, according to the most recent Census data. Gender-wise, 45% of Tipton locals are male, and 55% are female.
Age demographics
The median age in Tipton is 38, with the population distributed as follows: about 18.4% are children under 15, then 13.4% are in the 15 to 24 age group. Adults between 25 and 44 make up 24.2% of the population, while another 23.9% fall into the 45 to 64 bracket. Finally, around 20.2% are 65 or older.
Racial makeup
In Tipton, 98.5% of the population are US-born citizens, while 1.5% have gained naturalized citizenship. There’s also a share of 7% that includes residents with two or more races.
Households in Tipton
A peek inside Tipton households
Tipton has 1,339 households, with an average of 2 members in each. Of these, 63.6% are families, while the remaining 36.4% are made up of individuals living alone or with non-relatives, such as roommates.
Households stats
Housing in Tipton
The housing landscape of Tipton
Tipton's housing consists of 1,540 units, with 75.6% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 3.8% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 5.4% of the housing landscape.
The age of buildings in Tipton
In Tipton, the median construction year is 1954. About 35.7% of homes were built before the 1940s, with another 9.3% going up by 1949. Most development happened in the second half of the 20th century.
Tipton occupancy rates
Out of the 1,339 occupied housing units in Tipton, 72.2% are owner-occupied, while 27.8% are lived in by tenants. Meanwhile, 13.1% of all homes on the local market sit vacant.
Tipton housing costs
Housing costs in Tipton come to a median of $850 per month, while tenants specifically pay a median gross rent of $845.
Education in Tipton
Tipton education at a glance
About 41.5% of the population in Tipton went to high school, while 23.4% pursued college studies. Another 8.8% earned an associate degree and 19.1% hold a bachelor’s. Meanwhile, 4.3% went even further, earning a master’s or doctorate.
Income in Tipton
How much people earn in Tipton
The average annual household income in Tipton was $77,202 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +1.9% change from the previous year. At the same time, the median income stood at $61,115, reflecting a -9.6% shift over the same period.
Tipton income by age
In Tipton, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $78,021. Those with someone between 45 and 64 in charge, often well established professionally, earn $79,063 overall. Overall, 87.7% of the locals in this community live above the poverty line.
Average renter income in Tipton
To get a better sense of what renters earn on average in Tipton, their median household income was $25,000 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 40.6%, shows what portion of their earnings goes toward housing expenses.
Employment in Tipton
Workforce and job types in Tipton
The job market in Tipton is powered by 1,644 working residents, spread across a range of industries and roles. 70% of the working population are employed in professional or administrative positions, while 30% are in hands-on or service-based jobs. Also, 6.9% run their own businesses, 62.6% are employed by private companies, and 23.2% work in the public sector.
Workforce demographics
Available workforce
The unemployment rate in Tipton stands at 1%, representing the share of the workforce currently without a job and actively looking for one.
Transportation in Tipton
How people get around in Tipton
In Tipton, the average commute time is 26 minutes. Commuting methods vary: 79.6% of residents travel by personal vehicle and 4.5% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.
What is the median and average household income in Tipton by zipcode?
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FAQs about Tipton demographics
What is the total population of Tipton?
What is the gender ratio in Tipton?
- 45% males (1,398 residents)
- 55% females (1,708 residents)
What is the median age in Tipton?
What is the age distribution of the population in Tipton?
- Under 15: 18.4% (571 residents)
- Ages 15-24: 13.4% (416 residents)
- Ages 25-44: 24.2% (751 residents)
- Ages 45-64: 23.9% (742 residents)
- Over 65: 20.2% (626 residents)
What is the racial and ethnic makeup of Tipton?
- White: 90.2% (2,802 residents)
- Black or African American: 1.1% (33 residents)
- American Indian and Alaska Native: 0.3% (10 residents)
- Asian: 0% (0 residents)
- Native Hawaiian and Other Pacific Islander: 0% (0 residents)
- Two or More Races: 7% (219 residents)
- Other: 1.4% (42 residents)
What percentage of the population in Tipton are U.S.-born citizens?
How many housing units are there in Tipton?
How many households are in Tipton and what is the average household size?
What is the median household income in Tipton?
What is the employment rate and job market overview for Tipton?
Job types:
- White-collar workers: 70% (1,150 residents)
- Blue-collar workers: 30% (494 residents)
Places of employment:
- Self-employed: 6.9% (114 residents)
- Private companies: 62.6% (1,030 residents)
- Governmental workers: 23.2% (382 residents)
- Not-for-profit companies: 7.2% (118 residents)
Data source & methodology
The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.
The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.
No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.