According to statistics, the population in Tipton, IA amounts to 3,191, which shows decline 0% compared to the previous year. The median age of the city’s residents is 38. The average household income is $57,025, shifting growth 4% from the past year, and the average property value in Tipton, IA decline 0% to $124,700 throughout the year.
Population | 3,191 |
Median Age | 38.4 |
Poverty Rate | 3% |
Household Income | $57,025 |
Number Of Employees | 1,673 |
Median Property Value | $124,700 |
The average household income in Tipton, IA grew from $54,719 to $57,025 in the past year. This data is an estimate based upon 1,343 households in Tipton, IA . The chart below presents how household income is distributed in Tipton, IA in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Tipton, IA shifted from $125,200 to $124,700 throughout the year. The subsequent graph indicates the share of properties in the given price range in Tipton, IA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Tipton, IA properties falls in the '$125,000 to $149,999' range, which is lower than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Tipton, IA compared to median property taxes around the country. The prevalent amount of property taxes in Tipton, IA equals $2500, which is less than the national average.
Apartment Size | Dec | vs Last Month |
---|---|---|
Studio apartments | $47,980 | -1.7% |
2-bed apartments | $187,500 | N/A |
3-bed apartments | $162,261 | +2.1% |
During Dec 2022, the average price for an apartment in/near Tipton, IA increased by 5.8% to $102,010.
Knowing the current property prices is key if you plan to buy a studio in Tipton, IA. The average price for a studio has decreased since the last month, currently being $47,980. Asking price for 2-bed apartment remains the same, a place of this size will still cost you $187,500. A 3-bed apartment goes for $162,261, it increased by 2.1% lately.
Listing Type | Dec | vs Last Month |
---|---|---|
Houses for sale | $127,967 | +2.7% |
Land for sale | $42,666 | -3.9% |
Condos for sale | $187,500 | N/A |
Price reports demonstrate that house price increased by 2.7% this month making it up to $127,967. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $187,500. The average price of the land for sale in Tipton, IA has decreased by 3.9%, and now equals $42,666.