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The total population of Tipton is estimated to be 729 with 419 males (57.48%) and 310 females (42.52%). There are 109 less females than males in Tipton.
The median household income in Tipton was $37,832 in 2021, which marked an a decrease of 520(1.36%) from $38,352 in 2020. This income is 50.71% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Tipton sees its highest median household income among householders in the age group of 25 to 44 years old, at $60,651. Overall, the median household income for the town of Tipton stands at $37,832.
In Tipton, the median income for all workers aged 15 years and older, regardless of work hours, was $29,500 for males and $14,022 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $51,884 for males and $44,317 for females.
In Tipton, there are just two different racial groups among households. Among these, White households report a median household income of $38,507, while Some Other Race households have a median household income of $34,117.
In 2022, the population of Tipton was 864, a 0.92% decrease year-by-year from 2021. Previously, in 2021, Tipton's population was 872, an increase of 1.28% compared to a population of 861 in 2020.
The median age in Tipton, OK is 48.0, as per 2021 ACS 5-Year Estimates. Of the total population, 13.28% were under the age of 15, 24.23% aged 15 to 29, 39.85% aged 30 to 64, 20.58% aged 65 to 84, and 2.04% were 85 years of age and older.
Racial distribution of Tipton population: 80% are White, 7.01% are Black or African American, 0.88% are American Indian and Alaska Native, 7.01% are some other race and 5.11% are multiracial.