Tipton, PA Real Estate
According to census data in the year 2000 there were 471 housing units in Tipton.
This represents a 1.1% growth from 466 in 1990.
Of those housing units, 393 were located in either urbanized areas or urban clusters, and 78 were located in what is classified as a rural area.
Homeownership rate in Tipton is about 80.7%.
Tipton's vacancy rate, including seasonal lodging, is about 3.4%.
Average household size is 2.67 people.
The majority of houses, apartments or condos in Tipton were built after 1972.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 8.70% |
| Two Bedrooms | 20.60% |
| Three Bedrooms | 56.10% |
| Four Bedrooms | 13% |
| Five Bedrooms or more | 1.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.86 |
| Median year structure was built | 1974 |
| Median Value of occupied units | $100,400 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.88 |
| Median year structure was built | 1955 |
| Median Monthly Rent asked for vacant units | $400 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.90% |
| Home Equity Loan | 10.80% |
| Simple Mortgage | 41.90% |
| Debt Free | 44.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.8% |
