Tipton County, Indiana

Income Data

+14% vs. Indiana average
$78,309
Median Household Income
$37,924
Per Capita Income

At a Glance

Median Household Income
$78,309
+14% vs. state avg
Per Capita Income
$37,924
-4% vs. national
Income-to-Housing Ratio
47.2%
income as % of home value
Rank in Indiana
#16 / 92
by median household income

How Tipton County Compares

Tipton County$78,309
Indiana Average$68,681
National Median$74,755

Detailed Income Statistics

$78,309
Median Household Income
$37,924
Per Capita Income
$166,000
Median Home Value
47.2%
Income-to-Housing Ratio

Data Story

About Household Income in Tipton County, Indiana

Tipton leads all eight counties

Tipton County's median household income of $78,309 exceeds the national median of $74,755 by over $3,500, ranking among the nation's stronger-earning rural communities. Per capita income of $37,924 also surpasses national averages, reflecting a well-compensated workforce.

Top earner in Indiana

Tipton County's $78,309 median ranks among Indiana's highest-earning counties, outpacing the state average of $68,681 by nearly $10,000. Per capita income of $37,924 significantly exceeds the state average of $34,773, indicating strong earning power across all income levels.

Outearns all comparable counties

Tipton County's $78,309 median outearns every other county in this profile—including Steuben County ($71,483), Spencer County ($70,890), and Switzerland County ($65,148). The county's economic strength reflects a diversified manufacturing and services base.

Strong affordability and wealth

Tipton County's 13.1% rent-to-income ratio is among the best in the region, combining strong incomes with reasonable housing costs. Median home values of $166,000 remain accessible while appreciating steadily, creating genuine wealth-building opportunities.

Maximize Tipton's economic advantage

Tipton County residents enjoy above-average incomes and low housing burdens—an ideal foundation for aggressive wealth-building. Direct 20%+ of household income to retirement accounts, diversified investments, and real estate equity to compound your economic advantage.

Frequently Asked Questions

What is the median household income in Tipton County, Indiana?
The median household income in Tipton County, Indiana is $78,309, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. This represents the midpoint of all household incomes in the county.
How much do people earn in Tipton County?
The per capita income in Tipton County is $37,924, which represents the average income per person across the entire county population. The median household income — which accounts for all earners in a household — is $78,309.
How does Tipton County compare to the Indiana average?
Tipton County's median household income of $78,309 is higher than the Indiana state average of $68,681. The per capita income is $37,924, compared to the state average of $34,773.
What is the per capita income in Tipton County, Indiana?
The per capita income in Tipton County, Indiana is $37,924, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. Per capita income is calculated by dividing total personal income by total population, providing an average income figure per resident.
Why is Tipton County income higher than the Indiana average?
Tipton County's median household income of $78,309 is higher than the Indiana average of $68,681. This difference of $9,628 can be attributed to factors such as local industry mix, proximity to major employment centers, educational attainment levels, and cost of living. Counties with higher incomes often have a greater concentration of professional and technical occupations.
How does Tipton County rank for income in Indiana?
Tipton County ranks #16 out of 92 counties in Indiana by median household income (1 = highest). With a median household income of $78,309 and per capita income of $37,924, it falls in the top third of counties statewide.

Income Comparison Calculator

See how your household income compares in Tipton County

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Your income is above the Tipton County median

County median: $78,309 per year

vs. County Median

+0%

vs. State Average

+14%

vs. National Median

+5%

vs. Tipton County MedianAbout equal
vs. Indiana Average14% above
vs. National Median5% above

Income Adequacy

Monthly income covers median rent7.6x

Your monthly income ($6,526) vs. median rent ($854/mo). A ratio of 3.3x or higher means rent is under 30% of income.

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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.