Cost of Living in Tipp City, OH

Population 10,344 · Ohio · Data vintage 2023

74
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Tipp City is a smaller Ohio community of around 10000 residents, where median household incomes of $85,081 and housing costs ($237,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. An unemployment rate of 1.5% points to a labor market well on the tight side of the national distribution.

Located 12 miles north of Dayton, Tipp City falls within that metro's commuting orbit. Median home values run roughly 155% higher than Dayton's $93,000.

Cost Overview

Housing 78
Rent 69

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Tipp City

The median home value in Tipp City is $237,400 — 22% below the national median of $305,000. Median rent runs $912/month, 31% lower than the national median of $1,314/month. The median household income of $85,081/year is 14% higher than the US median of $74,580. The local unemployment rate is 1.5%, below the national average of 4.8%. Ohio's top state income tax rate is 3.8% and the combined sales tax is 7.2%. The climate averages highs of 63.4°F and lows of 44.5°F, with about 25" of annual snowfall. Overall, Tipp City has a cost of living index of 74 versus the US average of 100, meaning it is 26% less expensive.

🏠 Housing

Median Home Value
$237,400
22% below avg
Zillow Home Value
$340,646
Zillow ZHVI
Median Rent
$912/mo
31% below avg
Zillow Rent
$1,747/mo
Zillow ZORI
Price-to-Rent Ratio
21.7x
Favors renting
Property Tax Rate
1.6%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$686
1 BR
$748
2 BR
$929
3 BR
$1,199
4 BR
$1,374
Owner-occupied 72.6%
Renter-occupied 27.4%

💰 Estimated Monthly Budget

Rent median rent
$912
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,526/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
21.9 min
19% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
10.1%

Commute Mode

Drove alone
83.5%
Carpooled
2.8%
Walked
3.2%
Work from home
10.1%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 3.8%
Total Sales Tax 7.2%
State rate 5.8%
Avg local rate 1.4%
Property Tax 1.6%

💼 Income & Employment

Median Household Income
$85,081
14% above avg
Per Capita Income
$48,056
Unemployment Rate
1.5%
68% below avg
Poverty Rate
5.3%
Labor Force Participation
64.9%

🎓 Education

Bachelor's degree+ 18.0%
Graduate degree 17.6%

👥 Demographics

Median Age 40.2
Male median age 39.6
Female median age 42.1

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
63.4°F
Avg Low
44.5°F
Annual Precip
41.3"
Annual Snowfall
25"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 374152657483868579665342
Low °F 222533435463666457463527
Precip" 3.082.353.504.464.514.143.952.963.312.953.073.05
Snow" 8.36.63.90.40.00.00.00.00.00.20.84.8

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 43 — Good
79.1%
Good air days/yr
112
Max AQI recorded
0
PM2.5 days
244
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

95.1%
4-Year Graduation Rate
17.6:1
Student-teacher ratio
8
Public schools
4,113
Total enrollment

Frequently Asked Questions

What is the cost of living in Tipp City, OH?

Tipp City has a cost index of 74 (100 = national average). It is 26% below the national average.

What is average rent in Tipp City, OH?

The median gross rent in Tipp City is $912 per month based on 2023 Census data.

What is the average home price in Tipp City?

The median home value in Tipp City is $237,400 according to Zillow and Census data.

What is the median income in Tipp City?

The median household income in Tipp City is $85,081 per year (2023 ACS 5-year estimates).

What is the sales tax in Tipp City, OH?

The combined state and local sales tax rate in Tipp City is 7.2%. The Ohio state income tax top rate is 3.8%.

Is Tipp City, OH affordable?

Yes, Tipp City is generally considered affordable, with a cost of living index of 74 — about 26% below the US national average of 100.

What is the weather like in Tipp City?

Tipp City has average high temperatures of 63.4°F and average lows of 44.5°F. Annual precipitation is 41.3". Average annual snowfall is 25". Data from NOAA 1991–2020 Climate Normals.

Tipp City at a Glance

Population
10,344
Median Income
$85,081
Home Value
$237,400
Median Rent
$912/mo
Unemployment
1.5%
Avg High Temp
63.4°F
Sales Tax
7.2%
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