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Tipton, MO Real Estate


According to census data in the year 2000 there were 958 housing units in Tipton. This represents a 5.6% growth from 907 in 1990.

Of those housing units, 934 were located in either urbanized areas or urban clusters, and 24 were located in what is classified as a rural area.

Homeownership rate in Tipton is about 74.5%. Tipton's vacancy rate, including seasonal lodging, is about 9%. Average household size is 2.33 people.

The majority of houses, apartments or condos in Tipton were built after 1966.

Statistics

Housing Size

Housing Units by Size
Studio Type0.20%
One Bedroom9.80%
Two Bedrooms29.70%
Three Bedrooms44.40%
Four Bedrooms13.40%
Five Bedrooms or more2.50%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.46
Median year structure was built1966
Median Value of occupied units$68,800
Median Price asked for vacant units$38,800

Rented Homes, Apartments and Condos

Average Household Size1.94
Median year structure was built1968
Median Monthly Rent asked for vacant units$264

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4%
Home Equity Loan3.70%
Simple Mortgage42%
Debt Free50.30%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14.1%