Apartments for rent in Tipton, IN

Tipton, Indiana is a small town with approximately 5,000 residents. Retirees will feel right at home, as they account for 20% of the population compared to 14% nationally, while young adults appear in smaller numbers. The majority of Tipton residents own their homes, and 29% of residents rent. At $767 a month, the average rent is just below the state average.

Compared to the national average, Tipton has a large percentage of residents older than 25 with a high school degree or equivalent (30%). Furthermore, 9% possess a Bachelor's degree and 4% have earned a Master's degree or Doctorate. Many Tipton residents work in one of two industries: manufacturing and healthcare. Combined, these industries account for 18% of the labor force in the town. Meanwhile, in terms of job function, many workers in these industries are in transportation, which ranks as the top profession in the town. Tipton workers earn an average annual income of just over $60,000, roughly the same as the average Indiana resident. Tipton, however, compares less favorably to the national average of $73,345.

Tipton residents have an average commute of about 24 minutes, shorter than nearly 70% of cities in Indiana. Driving a car or truck is the prevailing means of commuting to work, selected by 44% of residents, while public transit isn't used. Walking isn't a common way to get to work.