Tipton, IN Real Estate
According to census data in the year 2000 there were 2,363 housing units in Tipton.
This represents a 11.5% growth from 2,120 in 1990.
Of those housing units, 2,363 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Tipton is about 69.9%.
Tipton's vacancy rate, including seasonal lodging, is about 6.1%.
Average household size is 2.26 people.
The majority of houses, apartments or condos in Tipton were built after 1951.
|Housing Units by Size|
|Five Bedrooms or more||1.20%|
Owned Homes, Apartments and Condos
|Average Household Size||2.34|
|Median year structure was built||1942|
|Median Value of occupied units||$73,200|
|Median Price asked for vacant units||$85,000|
Rented Homes, Apartments and Condos
|Average Household Size||2.08|
|Median year structure was built||1970|
|Median Monthly Rent asked for vacant units||$413|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||6.50%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||15.9%|