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Tipton

Learn about the people, housing, costs and businesses in Tipton, Oklahoma

Median Home$73,500
Median Rent$575/month
Population778
Leading IndustriesInformation & Media · Manufacturing · Agriculture & Mining15% information & media
Home Value Growth⬆⬆⬆+31.9% over 2 years
Family-Friendly23% of residentsnear the national average
Homeowners78% of occupied units
NotableAffordable Market$74k median home · lower cost than 98% of the country
NotableTransit86/100 · excellent transit access
Tipton
OK

Frequently Asked Questions

What are today's mortgage rates in Tipton?

As of today, the 30-year fixed mortgage rate for Tipton is approximately 7.004% (7.047% 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?

The median home value in Tipton is $74k. The median monthly rent is $575. Annual property taxes average $450. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Tipton?

Home values in Tipton have increased 31.9% over the past two years. This indicates a strong appreciation trend. 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?

Based on a typical all-in ownership cost of $615/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $26k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Tipton is $64k/year.

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What industries drive the economy in Tipton?

The largest employment sectors in Tipton are information and media (15%) and public administration (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.