Tipton, IA
Population 3,111 · Iowa
About Tipton, IA
Tipton is a small community in Iowa with a population of 3,111 residents. The median household income is $67,625 per year, which is near the national average. The median age in Tipton is 44.6 years.
Housing in Tipton has a median home value of $146,000 and median monthly rent of $823. Of the 1,494 total housing units, the majority are owner-occupied, with 1,016 owner-occupied and 327 renter-occupied units.
The unemployment rate in Tipton is 2.8% and the poverty rate is 9.7%. 19.3% of residents hold a bachelor's degree or higher. The average commute time is 24.1 minutes.
Cost of Living in Tipton, IA
Compared to national averages, Tipton has a median household income of $67,625 (10% below the national median of $75,149). Home values average $146,000, which is 40% below the national median. Monthly rent at $823 is 29% below the US average of $1,163. Within Iowa, Tipton's income is 0% below the state average of $67,947, and home values are 10% above the state median of $132,237.
Why Live in Tipton, IA?
Tipton offers affordable housing with a median home value of $146,000, below the US average of $244,900, and rent that’s lower than the national average at $823/month, and a strong job market with an unemployment rate of just 2.8%. Additionally, the city features a low poverty rate of 9.7%, better than the national average, and short commute times averaging just 24.1 minutes.
Potential considerations include median household income ($67,625) that falls below the national average. However, Tipton’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Tipton has a population of 3,111 with a median age of 44.6 years. Compare Tipton with other cities to see how it stacks up, or explore all cities in Iowa.
Similar Cities Near Tipton
Cities in Iowa with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Solon | 3,092 | $111,597 | $305,300 | Compare |
| Tama | 3,079 | $61,944 | $101,200 | Compare |
| Garner | 3,062 | $68,964 | $162,100 | Compare |
| West Burlington | 3,184 | $48,289 | $126,700 | Compare |
| Wilton | 2,943 | $71,898 | $162,000 | Compare |
| Milford | 3,315 | $60,571 | $211,000 | Compare |
| Williamsburg | 3,347 | $65,607 | $194,000 | Compare |
| Robins | 3,349 | $122,500 | $370,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Iowa
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Tipton
What is the population of Tipton, IA?
The population of Tipton, IA is 3,111 according to the latest Census data.
What is the median household income in Tipton?
The median household income in Tipton, IA is $67,625 per year.
What is the median home value in Tipton?
The median home value in Tipton, IA is $146,000.
What is the average rent in Tipton?
The median monthly rent in Tipton, IA is $823.
What is the unemployment rate in Tipton?
The unemployment rate in Tipton, IA is 2.8%.