Tipton, OK Real Estate
According to census data in the year 2000 there were 484 housing units in Tipton.
This represents a 7.6% decline from 524 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 484 were located in what is classified as a rural area.
Homeownership rate in Tipton is about 72.1%.
Tipton's vacancy rate, including seasonal lodging, is about 17.8%.
Average household size is 2.37 people.
The majority of houses, apartments or condos in Tipton were built after 1953.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 8.50% |
| Two Bedrooms | 43% |
| Three Bedrooms | 39% |
| Four Bedrooms | 8.70% |
| Five Bedrooms or more | 0.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.46 |
| Median year structure was built | 1951 |
| Median Value of occupied units | $33,100 |
| Median Price asked for vacant units | $25,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.13 |
| Median year structure was built | 1960 |
| Median Monthly Rent asked for vacant units | $175 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.10% |
| Home Equity Loan | 0% |
| Simple Mortgage | 38.70% |
| Debt Free | 57.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.3% |
