Tipton County, IN Economy


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United States / Indiana / No Metro Area / Tipton County / Cities / Zip Codes
Tipton County, IN is a great place to live with plenty of activities and amenities. Home to the city of Tipton, this county is known for its strong economic development, beautiful scenery, and family-friendly atmosphere. Residents enjoy a low cost of living with 2 bedroom rent being $930 per month compared to the US average of $1,430. Additionally, grocery costs are lower than the US average thanks to various local businesses like Kroger and Big K Food Stores.
When it comes to entertainment and leisure activities Tipton County has something for everyone. There are several parks located throughout the county including Southside Park which features a disc golf course and playgrounds as well as other outdoor activities like hiking trails and fishing spots. For history buffs there is the Tipton County Museum which offers insight into the area's past. Other attractions include outdoor concerts in downtown or taking part in events put on by local organizations such as the Tipton County 4H Fair & Youth Show or Hometown Days Festival. With so much to do in such a beautiful setting, Tipton County is an ideal place to call home.

Tipton County has an unemployment rate of 3.2%. The US average is 6.0%.

Tipton County has seen the job market increase by 5.5% over the last year. Future job growth over the next ten years is predicted to be 42.5%, which is higher than the US average of 33.5%.

Tax Rates for Tipton County
- The Sales Tax Rate for Tipton County is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Tipton County is 4.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Tipton County
- The average income of a Tipton County resident is $26,350 a year. The US average is $28,555 a year.
- The Median household income of a Tipton County resident is $65,983 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyTipton, IndianaUnited States
  3.26
  -6.9%-6.2%
  42.5%33.5%
  7.0%6.2%
  5.8%4.6%
  $32,235$37,638
  $65,983$69,021
  $79,006$85,028
  Population by Occupation
  3.4%1.2%
  0.0%0.5%
  5.0%6.8%
  23.3%10.0%
  1.4%2.5%
  9.2%11.0%
  2.6%4.8%
  1.2%0.8%
  1.2%1.9%
  1.8%4.7%
  0.4%1.9%
  2.6%7.6%
  0.0%0.1%
  4.6%4.2%
  9.1%9.3%
  11.7%14.0%
  0.4%2.1%
  8.0%7.0%
  5.8%4.8%
  8.4%4.7%
Reviews for Tipton
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Tipton was a great place to grow up. Great schools, awesome teachers, and great location if you work in Indianapolis, Westfield, or Kokomo. It’s a small city with big  More

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