Tipton, Indiana Demographics & Population 2026
During the 2020–2024 ACS period, Tipton, Indiana had a total population of 5,280, the 127th largest city in Indiana, with a median household income of $59,828, which is 17% lower than the state average. The poverty rate is 17.7%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Near full employment with an unemployment rate of just 1.7%.
Tipton Quick Facts
How Tipton Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 5,255 | 5,280 | +0.5% |
| Median household income | $64,709 | $59,828 | -7.5% |
| Median home value | $148,800 | $161,700 | +8.7% |
How Tipton Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 41 | National average: 61
Education
Educational Attainment (Adults 25+)
Tipton Rankings in Indiana
Explore Indiana Rankings
Other Cities in Tipton County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Windfall City | 705 | $58,550 | 15.4% | $88,700 |
| Sharpsville | 662 | $92,500 | 6.2% | $116,700 |
| Kempton | 225 | $52,500 | 4.9% | $118,800 |
Cities Similar to Tipton
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Westville | 5,279 | $60,794 | $139,300 | 7.9% | 11.4% |
| Rensselaer | 5,573 | $60,331 | $153,800 | 18.4% | 15.3% |
| Alexandria | 5,155 | $64,317 | $97,800 | 16.2% | 7.8% |
| Winchester | 5,284 | $52,439 | $97,600 | 12.1% | 18.3% |
| Lawrenceburg | 5,179 | $51,250 | $227,600 | 21.8% | 13.5% |
Population Overview
Tipton is a small city located in Indiana, within Tipton County. The total population is 5,280. It ranks as the 127th most populous out of 967 Census-designated places in Indiana.
Age Demographics
The median age in Tipton is 37.0 years. This is 3% lower than the state median of 38.1 years. 14.1% 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 is $59,828. This is 17% lower than the state median of $71,957. It is also 26% lower than the national median of $80,734. The poverty rate stands at 17.7%. This is 44% higher than the state poverty rate of 12.3%. The unemployment rate is 1.7%. This is 61% lower than the state rate of 4.3%. The median home value is $161,700. Housing costs are 26% lower than the state median of $218,200. With a home-value-to-income ratio of just 2.7x, Tipton is one of the most affordable housing markets in the area. 67.4% of occupied housing units are owner-occupied. This homeownership rate is 4% lower than the state average of 70.5%.
Race & Ethnicity
Tipton has a predominantly White (non-Hispanic) population, comprising 89.9% of all residents. Hispanic or Latino residents account for 4.2%. The Black or African American population (2.5%) is well below the state average of 9.1%. The Hispanic or Latino population (4.2%) is well below the state average of 8.6%.
Education
22.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 25% lower than the state rate of 29.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 89.2%.
Data Sources & Methodology
All demographic data for Tipton, Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. 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. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Tipton, Indiana?
Tipton, Indiana has a population of 5,280 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Tipton, IN?
The median household income in Tipton is $59,828, which is 26% lower than the national median of $80,734.
What is the poverty rate in Tipton, IN?
The poverty rate in Tipton is 17.7%. This means approximately 902 residents live below the federal poverty line.
What is the racial makeup of Tipton, Indiana?
Tipton's population is 89.9% White, 2.5% Black, 4.2% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Tipton, IN?
The median home value in Tipton is $161,700. The home-value-to-income ratio is 2.7x.
How educated is Tipton, Indiana?
22.1% of adults (25+) in Tipton hold a bachelor's degree or higher, and 7.9% hold a graduate or professional degree.