Tipton County, IN

Comprehensive housing, income, and cost of living data for Tipton County, Indiana. Population: 15.3K.

Median Home Price
$218.4K

Based on 4 cities

Median Household Income
$78.3K

Annual household income

Price-to-Income Ratio
2.8x

Highly affordable

Salary Needed to Buy
$55.0K

30-yr mortgage, 6.5% rate, 20% down

Housing & Finance

Annual Property Tax
$1,069

Average annual amount

Effective Tax Rate
0.49%

Property tax / home value

Monthly Housing Costs
Mortgage (P&I)$1,104
Property Tax$89.08
Insurance$91.00
Total Monthly$1,284
Historical Home Prices
2015
$106.9K
2016
$114.6K
+7.2%%
2017
$120.7K
+5.3%%
2018
$130.7K
+8.3%%
2019
$139.3K
+6.6%%
2020
$152.0K
+9.1%%
2021
$179.7K
+18.2%%
2022
$192.4K
+7.1%%
2023
$204.1K
+6.1%%
2024
$220.4K
+8.0%%
2025
$235.9K
+7.1%%
Source: County price history data via Zillow ZHVI

Demographics & Economics

Unemployment Rate
3.3%%

Below national average

Population Density
59

People per square mile

Homicide Rate
26.3

High (per 100K residents)

Political Lean (2020)
Competitive

R+1

Racial Demographics

White
93.3%
Black
0.8%
Hispanic
3.1%
Asian
0.3%
Two or More Races
2.2%

Source: Census ACS 2023. Hispanic/Latino ethnicity counted separately from race.

Climate & Environment

Average Temperature
51°F

Annual average

Sunny Days
194

Days per year

Annual Rainfall
42.1"

Inches per year

Natural Disaster Risk
Low Risk

Score: 9/100