Tipton, IA Real Estate
According to census data in the year 2000 there were 1,401 housing units in Tipton.
This represents a 6.7% growth from 1,313 in 1990.
Of those housing units, 1,361 were located in either urbanized areas or urban clusters, and 40 were located in what is classified as a rural area.
Homeownership rate in Tipton is about 72.6%.
Tipton's vacancy rate, including seasonal lodging, is about 5.3%.
Average household size is 2.28 people.
The majority of houses, apartments or condos in Tipton were built after 1955.
|Housing Units by Size|
|Five Bedrooms or more||2.20%|
Owned Homes, Apartments and Condos
|Average Household Size||2.49|
|Median year structure was built||1952|
|Median Value of occupied units||$86,500|
Rented Homes, Apartments and Condos
|Average Household Size||1.72|
|Median year structure was built||1962|
|Median Monthly Rent asked for vacant units||$298|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||5.70%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||15.8%|