Tipp City, OH Real Estate
According to census data in the year 2000 there were 3,795 housing units in Tipp City.
This represents a 43.6% growth from 2,642 in 1990.
Of those housing units, 3,750 were located in either urbanized areas or urban clusters, and 45 were located in what is classified as a rural area.
Homeownership rate in Tipp City is about 66.2%.
Tipp City's vacancy rate, including seasonal lodging, is about 4%.
Average household size is 2.52 people.
The majority of houses, apartments or condos in Tipp City were built after 1973.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 7.40% |
| Two Bedrooms | 29% |
| Three Bedrooms | 43% |
| Four Bedrooms | 19% |
| Five Bedrooms or more | 1.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.71 |
| Median year structure was built | 1971 |
| Median Value of occupied units | $129,400 |
| Median Price asked for vacant units | $67,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.13 |
| Median year structure was built | 1979 |
| Median Monthly Rent asked for vacant units | $376 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5% |
| Home Equity Loan | 9.90% |
| Simple Mortgage | 56.70% |
| Debt Free | 28.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.3% |
