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Tipton Community

Learn about the people, housing, costs and businesses in Tipton Community, Iowa

Median Home$213,165
Median Rent$1,070/month
Population41,955
Leading IndustriesWholesale Trade · Manufacturing · Education14% wholesale trade
Home Value Growth+9.8% over 2 years
Young Adults28% of residentsnear the national average
Homeowners77% of occupied units
Tipton Community
IA

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Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Tipton Community?

As of today, the 30-year fixed mortgage rate for Tipton Community is approximately 6.981% (7.020% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Tipton Community?

The median home value in Tipton Community is $213k. The median monthly rent is $1,070. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Tipton Community?

Home values in Tipton Community have increased 9.8% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Tipton Community?

Based on a typical all-in ownership cost of $1,006/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $43k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Tipton Community is $69k/year.

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What industries drive the economy in Tipton Community?

The largest employment sectors in Tipton Community are public administration (19%) and wholesale trade (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.