Tipton, IA

Census Place

2024 Population

3,106

US Senator

Chuck Grassley

Republican Party

US Senator

Joni Ernst

Republican Party

2024 Median Age

38.3

14.1% 1-year decrease

2024 Poverty Rate

12.3%

26.8% 1-year increase

2024 Median Household Income

$61,115

9.63% 1-year decline

2024 Median Property Value

$165,500

Population & Diversity

Tipton, IA is home to a population of 3.11k people, from which 100% are citizens.

As of 2024, 1.03% of Tipton, IA residents were born outside of the country (32 people).

In 2024, there were 32.8 times more White (Non-Hispanic) residents (2.73k people) in Tipton, IA than any other race or ethnicity. There were 83 Two Races Including Other (Hispanic) and 76 Two Races Excluding Other, & Three or More Races (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

100%

2024 Citizenship

98.7%

2023 Citizenship

As of 2024, 100% of Tipton, IA residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Tipton, IA was 98.7%, meaning that the rate of citizenship has been increasing.

The following chart shows US citizenship percentages in Tipton, IA compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Tipton, IA

White (Non-Hispanic)
2.73k ± 150
Two Races Including Other (Hispanic)
83 ± 60
Two Races Excluding Other, & Three or More Races (Non-Hispanic)
76 ± 77

5.12%

Hispanic Population

159 people

5.12% of the people in Tipton, IA are hispanic (159 people).

The following chart shows the 8 races represented in Tipton, IA as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Iowa.

Most Common Origin

Mexico
44,333 ± 5,134 people
India
11,889 ± 2,672 people
Guatemala
8,189 ± 2,219 people

In 2024, the most common birthplace for the foreign-born residents of Iowa was Mexico, the natal country of 44,333 Iowa residents, followed by India with 11,889 and Guatemala with 8,189.

Foreign-Born Population

1.03%

2024 Foreign-Born Population

32 people

1.93%

2023 Foreign-Born Population

60 people

As of 2024, 1.03% of Tipton, IA residents (32 people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Tipton, IA was 1.93%, meaning that the rate has been decreasing.

The following chart shows the percentage of foreign-born residents in Tipton, IA compared to that of it's neighboring and parent geographies.

Military

Veterans

Most Common Service Period

Vietnam
64 ± 42
Gulf War (1990s)
22 ± 30
Gulf War (2001-)
15 ± 28

Tipton, IA has a large population of military personnel who served in Vietnam, 2.91 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Tipton, IA.

Economy

The economy of Tipton, IA employs 1.64k people. In 2024, the largest industries in Tipton, IA were Manufacturing (287 people), Retail Trade (240 people), and Construction (213 people), and the highest paying industries were Construction ($63,988), Transportation & Warehousing, & Utilities ($58,203), and Transportation & Warehousing ($57,500).

Employment

Occupations

1.64k

2024 Value

± 310

3.72%

1 Year growth

± 24.8%

From 2023 to 2024, employment in Tipton, IA grew at a rate of 3.72%, from 1.59k employees to 1.64k employees.

The most common job groups, by number of people living in Tipton, IA, are Office & Administrative Support Occupations (419 people), Construction & Extraction Occupations (206 people), and Business & Financial Operations Occupations (138 people). This chart illustrates the share breakdown of the primary jobs held by residents of Tipton, IA.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for Iowa.

This chart shows weekly unemployment insurance claims in Iowa (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

Industries

Employment by Industries

1.64k

2024 Value

± 310

3.72%

1 Year growth

± 24.8%

From 2023 to 2024, employment in Tipton, IA grew at a rate of 3.72%, from 1.59k employees to 1.64k employees.

The most common employment sectors for those who live in Tipton, IA, are Manufacturing (287 people), Retail Trade (240 people), and Construction (213 people). This chart shows the share breakdown of the primary industries for residents of Tipton, IA, though some of these residents may live in Tipton, IA and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$56,840

Median earning men ± $10,832

$29,315

Median earning women ± $10,852

The industries with the best median earnings for men in 2024 are Professional, Scientific, & Management, & Administrative & Waste Management Services ($86,875), Educational Services, & Health Care & Social Assistance ($68,125), and Construction ($64,083).

The industries with the best median earnings for women in 2024 are Public Administration ($44,970), Educational Services, & Health Care & Social Assistance ($35,938), and Retail Trade ($31,607).

Housing & Living

The median property value in Tipton, IA was $165,500 in 2024, which is 0.497 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $146,000 to $165,500, a 13.4% increase. The homeownership rate in Tipton, IA is 72.2%, which is higher than the national average of 65.2%.

People in Tipton, IA have an average commute time of 25.7 minutes, and they drove alone to work. Car ownership in Tipton, IA is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$165,500

Median Property Value 2024

±$13,831

$967

Median Property Taxes

±$207

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Tipton, IA the largest share of households pay taxes in the $3k+ range.

The chart underneath the paragraph shows the property taxes in Tipton, IA compared to it's parent and neighbor geographies.

Rent vs Own

72.2%

Homeownership

2024

56%

Homeowners with Mortgage

2024

In 2024, 72.2% of the housing units in Tipton, IA were occupied by their owner. This percentage declined from the previous year's rate of 75.7%.

This chart shows the percentage of owner in Tipton, IA compared it's parent and neighboring geographies.

Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$61,115

Median Household Income

± $15,198

1.34k

Number of Households

± 246

In 2024, the median household income of the 1.34k households in Tipton, IA declined from $61,115 from the previous year's value of $67,625.

The following chart displays the households in Tipton, IA distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $75k - $100k range.

Wage Distribution

The closest comparable wage GINI for Tipton, IA is from Iowa.

0.435

2024 Wage GINI in Iowa

0.441

2023 Wage GINI in Iowa

In 2024, the income inequality in Iowa was 0.435 according to the GINI calculation of the wage distribution. Income inequality had a 1.29% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Iowa was lower than than the national average of 0.474. In other words, wages are distributed more evenly in Iowa in comparison to the national average.

This chart shows the number of workers in Iowa across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (75.1%)
Worked At Home (9.07%)
Carpooled (4.57%)

In 2024, 75.1% of workers in Tipton, IA drove alone to work, followed by those who worked at home (9.07%) and those who carpooled to work (4.57%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

25.7 minutes

Average Travel Time

Using averages, employees in Tipton, IA have a shorter commute time (25.7 minutes) than the normal US worker (26.4 minutes). Additionally, 1.92% of the workforce in Tipton, IA have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Tipton, IA compares to that of it's neighboring and parent geographies.

Car Ownership

2 cars

Average Number

The following chart displays the households in Tipton, IA distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Tipton, IA have 2 cars.

Poverty

Poverty & Diversity

12.3% of the population for whom poverty status is determined in Tipton, IA (367 out of 2.99k people) live below the poverty line, a number that is lower than the national average of 12.5%. The largest demographic living in poverty are Males 25 - 34, followed by Females 25 - 34 and then Males < 5.

The most common racial or ethnic group living below the poverty line in Tipton, IA is White, followed by Hispanic and Two Or More.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798, followed by New York (5,087).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

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