Tipton, MO Real Estate
According to census data in the year 2000 there were 958 housing units in Tipton.
This represents a 5.6% growth from 907 in 1990.
Of those housing units, 934 were located in either urbanized areas or urban clusters, and 24 were located in what is classified as a rural area.
Homeownership rate in Tipton is about 74.5%.
Tipton's vacancy rate, including seasonal lodging, is about 9%.
Average household size is 2.33 people.
The majority of houses, apartments or condos in Tipton were built after 1966.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.20% |
| One Bedroom | 9.80% |
| Two Bedrooms | 29.70% |
| Three Bedrooms | 44.40% |
| Four Bedrooms | 13.40% |
| Five Bedrooms or more | 2.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.46 |
| Median year structure was built | 1966 |
| Median Value of occupied units | $68,800 |
| Median Price asked for vacant units | $38,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.94 |
| Median year structure was built | 1968 |
| Median Monthly Rent asked for vacant units | $264 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4% |
| Home Equity Loan | 3.70% |
| Simple Mortgage | 42% |
| Debt Free | 50.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.1% |
