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Tipton County, IN&

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Population
15,447
0.81% decline
Median Age
44.5
Median Household Income
$54,023
4.67% growth
Poverty Rate
8.7%
Number of Employees
7,237
0.58% growth
Median Property Value
$110,600
0.81% decline

Economy

The economy of Tipton County, IN employs 7,237 people. The economy of Tipton County, IN is specialized in Agriculture, Forestry, Fishing, Hunting; Manufacturing; and Management of Companies & Enterprises, which employ respectively 4.79; 2.36; and 2.09 times more people than what would be expected in a location of this size. The largest industries in Tipton County, IN are Manufacturing (1,766), Healthcare & Social Assistance (1,028), and Public Admin. (494), and the highest paying industries are Utilities ($51,489), Professional, Scientific, Tech Services ($49,375), and Finance & Insurance ($45,303).

Median household income in Tipton County, IN is $54,023. Males in Tipton County, IN have an average income that is 1.36 times higher than the average income of females, which is $38,529. The income inequality of Tipton County, IN (measured using the Gini index) is 0.438 which is lower than the national average.

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Health & Safety

Insurance and Medicare coverage combined with state and county level health and safety statistics for Tipton County, IN. In Tipton County, IN the age groups most likely to have health care coverage are 6-17 and 6-17, men and women, respectively. The location has a 1 to 26 primary care clinician to patient ratio and a Medicare reimbursement average per patient per year of $10,276. Lake County, IN has the highest prevalence of homicides of any county in Indiana.

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Diversity

Tipton County, IN is home to a population of 15,447 people, from which 99% are citizens. The ethnic composition of the population of Tipton County, IN is composed of 14,776 White residents (95.7%), 383 Hispanic residents (2.48%), 224 Two+ residents (1.45%), 38 Hawaiian residents (0.25%), and 26 Black residents (0.17%). The most common foreign languages in Tipton County, IN are Spanish (354 speakers), German (37 speakers), and French (30 speakers), but compared to other places, Tipton County, IN has a relative high number of Scandinavian (13 speakers), Italian (25 speakers), and German (37 speakers).

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Education

In 2015 universities in Kokomo City PUMA, IN awarded 838 degrees. The student population of Kokomo City PUMA, IN is skewed towards females, with 178 male students and 660 female students. Most students in Kokomo City PUMA, IN are White (728 and 86.9%), followed by Black or African American (33 and 3.94%), Unknown (24 and 2.86%), and Hispanic or Latino (23 and 2.74%). The largest universities in Kokomo City PUMA, IN by number of graduates are Indiana University-Kokomo (639 and 76.3%), Ross Medical Education Center-Kokomo (124 and 14.8%), and The Salon Professional Academy-Kokomo (58 and 6.92%). The most popular majors in Kokomo City PUMA, IN are Registered Nursing (224 and 26.7%), General Business (48 and 5.73%), and Other Liberal Arts & Sciences, General Studies, & Humanities (48 and 5.73%). The median tuition costs in Kokomo City PUMA, IN are N/A for private four year colleges, and $6,478 and $18,088 respectively, for public four year colleges for in-state students and out-of-state students.

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Housing & Living

The median property value in Tipton County, IN is $110,600, which is 0.54 times smaller than the national average of $205,000. Between 2015 and 2016 the median property value decreased from $111,500 to $110,600, a 0.81% increase. The homeownership rate of Tipton County, IN is 79.2%, which is higher than the national average of 63.6%. People in Tipton County, IN have an average commute time of 23.7 minutes, and they commute by Drove Alone. Car ownership in Tipton County, IN is approximately the same as the national average, with an average of 2 cars per household.

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