Tipton, IN

Census Place

2024 Population

5,280

US Senator

Todd Young

Republican Party

US Senator

Jim Banks

Republican Party

2024 Median Age

8.19% 1-year decrease

2024 Poverty Rate

17.7%

2.24% 1-year decrease

2024 Median Household Income

$59,828

7.54% 1-year decline

2024 Median Property Value

$161,700

Population & Diversity

Tipton, IN is home to a population of 5.28k people, from which 98.3% are citizens.

As of 2024, 3.22% of Tipton, IN residents were born outside of the country (170 people).

In 2024, there were 33.4 times more White (Non-Hispanic) residents (4.75k people) in Tipton, IN than any other race or ethnicity. There were 142 Other (Hispanic) and 132 Black or African American (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

98.3%

2024 Citizenship

98.9%

2023 Citizenship

As of 2024, 98.3% of Tipton, IN residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Tipton, IN was 98.9%, meaning that the rate of citizenship has been decreasing.

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

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Tipton, IN

White (Non-Hispanic)
4.75k ± 163
Other (Hispanic)
142 ± 130
Black or African American (Non-Hispanic)
132 ± 47

4.24%

Hispanic Population

224 people

4.24% of the people in Tipton, IN are hispanic (224 people).

The following chart shows the 8 races represented in Tipton, IN 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 Indiana.

Most Common Origin

Mexico
111,417 ± 8,128 people
India
37,388 ± 4,734 people
Nigeria
18,164 ± 3,304 people

In 2024, the most common birthplace for the foreign-born residents of Indiana was Mexico, the natal country of 111,417 Indiana residents, followed by India with 37,388 and Nigeria with 18,164.

Foreign-Born Population

3.22%

2024 Foreign-Born Population

170 people

2.44%

2023 Foreign-Born Population

128 people

As of 2024, 3.22% of Tipton, IN residents (170 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, IN was 2.44%, meaning that the rate has been increasing.

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

Military

Veterans

Most Common Service Period

Gulf War (2001-)
96 ± 74
Vietnam
73 ± 63
Korea
39 ± 43

Tipton, IN has a large population of military personnel who served in Gulf War (2001-), 1.32 times greater than any other conflict.

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

Economy

The economy of Tipton, IN employs 2.42k people. In 2024, the largest industries in Tipton, IN were Manufacturing (549 people), Health Care & Social Assistance (352 people), and Public Administration (274 people), and the highest paying industries were Utilities ($92,396), Transportation & Warehousing, & Utilities ($78,269), and Professional, Scientific, & Technical Services ($67,788).

Employment

Occupations

2.42k

2024 Value

± 368

2.11%

1 Year growth

± 21.7%

From 2023 to 2024, employment in Tipton, IN grew at a rate of 2.11%, from 2.37k employees to 2.42k employees.

The most common job groups, by number of people living in Tipton, IN, are Production Occupations (366 people), Office & Administrative Support Occupations (312 people), and Sales & Related Occupations (234 people). This chart illustrates the share breakdown of the primary jobs held by residents of Tipton, IN.

Unemployment Insurance Claims

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

This chart shows weekly unemployment insurance claims in Indiana (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

2.42k

2024 Value

± 368

2.11%

1 Year growth

± 21.7%

From 2023 to 2024, employment in Tipton, IN grew at a rate of 2.11%, from 2.37k employees to 2.42k employees.

The most common employment sectors for those who live in Tipton, IN, are Manufacturing (549 people), Health Care & Social Assistance (352 people), and Public Administration (274 people). This chart shows the share breakdown of the primary industries for residents of Tipton, IN, though some of these residents may live in Tipton, IN and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$52,582

Median earning men ± $5,107

$47,676

Median earning women ± $14,998

The industries with the best median earnings for men in 2024 are Educational Services, & Health Care & Social Assistance ($58,594), Professional, Scientific, & Management, & Administrative & Waste Management Services ($58,571), and Manufacturing ($58,321).

The industries with the best median earnings for women in 2024 are Manufacturing ($93,551), Transportation & Warehousing, & Utilities ($91,058), and Professional, Scientific, & Management, & Administrative & Waste Management Services ($77,708).

Housing & Living

The median property value in Tipton, IN was $161,700 in 2024, which is 0.486 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $148,800 to $161,700, a 8.67% increase. The homeownership rate in Tipton, IN is 67.4%, which is higher than the national average of 65.2%.

People in Tipton, IN have an average commute time of 26.1 minutes, and they drove alone to work. Car ownership in Tipton, IN is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$161,700

Median Property Value 2024

±$6,887

$1,488

Median Property Taxes

±$247

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, IN the largest share of households pay taxes in the $800 - $1,499 range.

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

Rent vs Own

67.4%

Homeownership

2024

61.8%

Homeowners with Mortgage

2024

In 2024, 67.4% of the housing units in Tipton, IN were occupied by their owner. This percentage declined from the previous year's rate of 67.8%.

This chart shows the percentage of owner in Tipton, IN 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.

$59,828

Median Household Income

± $6,832

2.21k

Number of Households

± 333

In 2024, the median household income of the 2.21k households in Tipton, IN declined from $59,828 from the previous year's value of $64,709.

The following chart displays the households in Tipton, IN 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, IN is from Indiana.

0.442

2024 Wage GINI in Indiana

0.445

2023 Wage GINI in Indiana

In 2024, the income inequality in Indiana was 0.442 according to the GINI calculation of the wage distribution. Income inequality had a 0.807% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Indiana was lower than than the national average of 0.474. In other words, wages are distributed more evenly in Indiana in comparison to the national average.

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

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (73.6%)
Carpooled (12.8%)
Worked At Home (7.37%)

In 2024, 73.6% of workers in Tipton, IN drove alone to work, followed by those who carpooled to work (12.8%) and those who worked at home (7.37%).

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

26.1 minutes

Average Travel Time

Using averages, employees in Tipton, IN have a shorter commute time (26.1 minutes) than the normal US worker (26.4 minutes). Additionally, 4.16% of the workforce in Tipton, IN have "super commutes" in excess of 90 minutes.

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

Car Ownership

2 cars

Average Number

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

Poverty

Poverty & Diversity

17.7% of the population for whom poverty status is determined in Tipton, IN (902 out of 5.09k people) live below the poverty line, a number that is higher than the national average of 12.5%. The largest demographic living in poverty are Females 35 - 44, followed by Females < 5 and then Females 25 - 34.

The most common racial or ethnic group living below the poverty line in Tipton, IN is White, followed by Other and Hispanic.

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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