Tipton 61 Average
Tipton Livability #422 ranked city in Missouri#17,577 ranked city in the USARanks better than 40% of areas

Pros and Cons of Living in Tipton

PROS
  • Cost Of Living

    Everyday cost of living expenses like goods and services, housing, groceries, transportation, health care and utilities are far below the national average.

  • Housing

    Impressive scores in the housing category characterize this area, potentially attributed to the availability of affordable housing, strong appreciation rates and high home values.

CONS
  • Amenities

    The majority of amenities will be difficult to reach within a short walk, often requiring residents to use a vehicle or public transportation for access.

  • Commute

    Low commute scores could be due to limited access to public transit in this area, as well as longer-than-average work commute times for residents.

  • Employment

    This area earns a low score in the employment category due to low household income levels and high unemployment rates, which may pose challenges in seeking job opportunities.

  • Health & Safety

    Subpar air quality and the limited availability of certain health-related facilities such as hospitals, police stations, doctors and pharmacies may have contributed to the low score in this category.

  • Schools

    The low schools score might be a result of factors like lower than average education levels, lackluster reading and math scores and the inaccessibility of local elementary and high schools.

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What's it like Living in Tipton?

Tipton is a small city located in the state of Missouri. The city has a population of 3,213 inhabitants. At 85%, the majority of the Tipton population is White; this is followed by 13% Black and 1% Native Hawaiian. The average American spends about 26 minutes on their one way commute to work each day. Lower travel times can increase overall happiness and allow for more time to be spent with family and friends. While living in Tipton, your commute times will be about average, with a one way commute time of 28 minutes.

Without the right tools, relocating to any new area can be very stressful and challenging. Living in Tipton, Missouri could be a fulfilling experience for anyone who puts in the time to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. The best areas in Tipton and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, commute, housing, you will see a detailed breakdown of the most important information as well as comparisons to the Missouri and national averages.

Using data and statistics Tipton has received a livability score of 59/100. This score is ranked in the 38th percentile when compared to all other cities. This score ranks well below the United States average. With such a low livability score, it might be worth investigating a little further. Based on the scores for each individual category, Tipton has received high marks for cost of living (A+) and housing (A). The bad news for Tipton, there are some categories for which it does not rank well, this includes: amenities (F), education (D-) and employment (F).

The unemployment rate in Tipton has consistently declined over the years and currently stands well below the national average at 2.66%. This downward trend holds the potential to reduce poverty and inequality within the region, promote higher wage levels and stimulate greater economic growth. Such positive indicators signal the overall robust health of the local economy, offering a promising outlook for its residents and fostering an environment of financial well-being and prosperity.

Finding affordable real estate and housing in Tipton can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.

Tipton real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Tipton. Median real estate prices in Tipton come in at $108,100, which is 23.4% lower than the Missouri average. The home price to income ratio compares the median home prices to the median household income. In Tipton, the home price to income ratio is 2.7, which is 6.9% lower than the Missouri average.

Best Places to Live in and Around Tipton

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Compare Tipton, MO Livability

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      Tipton transportation information

      Statistic Tipton Missouri National
      Average one way commute28min23min26min
      Workers who drive to work83.2%81.6%76.4%
      Workers who carpool12.6%9.1%9.3%
      Workers who take public transit0.1%1.5%5.1%
      Workers who bicycle1.3%0.3%0.6%
      Workers who walk0.0%1.9%2.8%
      Working from home2.7%4.6%4.6%
      Source: The Tipton, MO data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).