Tipton city, Indiana Demographics & Population 2026

Population Overview

Tipton city is a small city located in Indiana. The total population is 5,255. It ranks as the 126th most populous out of 967 cities and towns in Indiana.

Age Demographics

The median age in Tipton city is 40.3 years. This is 6% higher than the state median of 38.0 years. 13.4% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Tipton city is $64,709. This is 8% lower than the state median of $70,051. Compared to the national median of $78,538, household income here is 18% lower. The poverty rate stands at 18.1%. This is 49% higher than the state poverty rate of 12.2%. The unemployment rate is 4.4%. This is 2% higher than the state rate of 4.3%. The median home value is $148,800. Housing costs are 26% lower than the state median of $201,600. With a home-value-to-income ratio of just 2.3x, Tipton city is one of the most affordable housing markets in the area. 67.8% of occupied housing units are owner-occupied. This homeownership rate is 4% lower than the state average of 70.3%.

Race & Ethnicity

Tipton city has a predominantly White (non-Hispanic) population, comprising 91.5% of all residents. Hispanic or Latino residents account for 3.3%. The Black or African American population (1.8%) is well below the state average of 9.1%. The Hispanic or Latino population (3.3%) is well below the state average of 8.4%.

Education

23.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 19% lower than the state rate of 28.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 88.6%.

Data Sources & Methodology

All demographic data for Tipton city, Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Indiana state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 967 Census-designated places in Indiana. For official data, visit data.census.gov.