Tipton is a city located in Tipton County Indiana. It is also the county seat of Tipton County. With a 2020 population of 4,996, it is the 121st largest city in Indiana and the 4772nd largest city in the United States . Tipton is currently growing at a rate of 0.26% annually but its population has decreased by -2.15% since the most recent census, which recorded a population of 5,106 in 2010. Tipton reached it's highest population of 5,633 in 1950. Spanning over 3 miles, Tipton has a population density of 1,903 people per square mile.
The average household income in Tipton is $59,269 with a poverty rate of 11.11%. The median rental costs in recent years comes to $775 per month, and the median house value is $91,200. The median age in Tipton is 43.4 years, 39.3 years for males, and 45.8 years for females.