{"area":{"county":"Tipton County","state":"IN","stateName":"Indiana","slug":"tipton-in","metro":"Tipton County, IN HUD Metro FMR Area"},"homeValue":{"series":[{"date":"2021-04-01","value":148984},{"date":"2021-07-01","value":155008},{"date":"2021-10-01","value":160745},{"date":"2022-01-01","value":166882},{"date":"2022-04-01","value":174871},{"date":"2022-07-01","value":174600},{"date":"2022-10-01","value":174632},{"date":"2023-01-01","value":177663},{"date":"2023-04-01","value":180391},{"date":"2023-07-01","value":182469},{"date":"2023-10-01","value":187968},{"date":"2024-01-01","value":186361},{"date":"2024-04-01","value":188634},{"date":"2024-07-01","value":191481},{"date":"2024-10-01","value":191421},{"date":"2025-01-01","value":195854},{"date":"2025-04-01","value":197299},{"date":"2025-07-01","value":197759},{"date":"2025-10-01","value":201098},{"date":"2026-01-01","value":201678},{"date":"2026-04-01","value":201461}],"latest":201461,"yoy":2.1094886441390988,"fiveYr":35.22324544917575,"sinceStart":272.22807309277016,"modeled":true},"rent":{"series":[{"date":"2026-11-01","value":1239}],"latest":1239,"yoy":null,"fiveYr":null,"sinceStart":null,"modeled":true},"census":{"medianIncome":76156,"population":15346,"povertyRate":11.191121094008059,"medianHomeValue":174600,"medianGrossRent":842,"medianPropertyTax":1139},"hud":{"county":"Tipton County","year":"2027","perUnit":1239,"bedrooms":2,"estimated":false,"baseBedrooms":2},"crime":{"scope":"state","state":"Indiana","period":"10-2024 to 09-2026","window":{"from":"10-2024","to":"09-2026","fellBack":false},"violentCrime":{"total":29043,"ratePer100k":208.24331779365764},"propertyCrime":{"total":123972,"ratePer100k":888.900616104236},"note":"State-level totals from the FBI CDE summarized offense endpoint."},"crimeVintage":{"from":"10-2024","to":"09-2026","fellBack":false},"priceToRentRatio":13.5,"ratioVerdict":"Favorable for buying — price-to-rent favors owning (modeled investor cash flow is negative, so this is owner-occupant math — it is not a claim of strong rental yield)","priceCagr":6.221849636226162,"rentCagr":3,"cashFlow":{"price":201461,"monthlyRent":1239,"grossRent":1239,"downPct":20,"ratePct":6.75,"units":1,"state":"IN","down":40292.200000000004,"loan":161168.8,"mortgagePI":1045.3377690618343,"monthlyTax":109.46047666666668,"taxRatePct":0.652,"taxRateSource":"Census ACS county effective rate 0.65% ($1,139 tax ÷ $174,600 ACS median), applied to current value","monthlyInsurance":90.65745,"insuranceRatePct":0.54,"insuranceBasis":"Insurance: state-level estimate (IN avg 0.54%/yr)","insuranceHighRisk":false,"vacancyPct":5,"vacancyLoss":61.95,"egi":1177.05,"mgmtPct":10,"monthlyMgmt":123.9,"maintenancePct":5,"monthlyMaint":61.95,"capexPct":5,"monthlyCapex":61.95,"hoaMonthly":0,"monthlyHoa":0,"operatingExpenses":447.91792666666663,"noi":729.1320733333333,"totalExpenses":1493.255695728501,"cashFlow":-316.2056957285009,"annualCf":-3794.468348742011,"cocReturn":-9.417376933356856,"capRate":4.343066340383499},"resilience":{"scenarios":[{"id":"rentDown","label":"Rent drops 10%","kind":"standard","detail":"Standard assumption","cashFlow":-409.1306957285009,"delta":-93,"survives":false},{"id":"vacancy","label":"Vacancy stretches to 8%","kind":"standard","detail":"Standard assumption","cashFlow":-353.3756957285008,"delta":-37,"survives":false},{"id":"insurance","label":"Insurance costs rise 25%","kind":"standard","detail":"Standard assumption","cashFlow":-338.87005822850097,"delta":-23,"survives":false},{"id":"rateReset","label":"If financed at 8.25% instead","kind":"standard","detail":"Fixed-rate comparison — the deal if you'd borrowed at a higher rate today; your actual fixed payment never resets","cashFlow":-481.6752972162932,"delta":-165,"survives":false},{"id":"historyHome","label":"Worst market shock in available history (since 1991-01-01) (home values −6.5% over 12 months)","kind":"history","detail":"History-derived proxy: worst decline found in any window of up to 12 months in the state FHFA home-value series, 2007-10-01 → 2008-10-01, applied to rent","cashFlow":-376.7526700801477,"delta":-61,"survives":false}],"survived":0,"total":5,"score":0,"worstCashFlow":-481.6752972162932,"baselineCashFlow":-316.2056957285009,"framing":"underwater","confidenceLabel":"crosscheck","omitted":[],"note":"Each scenario re-runs the same verified cash-flow engine with one shock applied, then re-checks the cash-flow identity before display. Standard shocks are fixed assumptions; the history-derived scenario is this market's own worst observed 12-month decline. Estimates only — not a guarantee of performance."},"rentVsBuy":{"years":7,"priceCagr":6.221849636226162,"rentCagr":3,"totalRentPaid":113925.48770456559,"totalCashOutlay":168450.12096075766,"insuranceBasis":"Insurance: state-level estimate (IN avg 0.54%/yr)","homeValueAfter":307388.7733260932,"equityBuilt":161067.69204067634,"netCostOfBuying":47674.62892008133,"buyingCheaper":true,"savings":66250.85878448426},"priceToIncome":{"ratio":2.6453726561268973,"price":201461,"medianIncome":76156,"label":"Affordable (≤3x income — historical rule of thumb)"},"countyTaxRatePct":0.652,"countyTaxSource":"Census ACS county effective rate 0.65% ($1,139 tax ÷ $174,600 ACS median), applied to current value","dataCheck":{"status":"crosscheck","checks":[{"metric":"home value (vintage update)","primary":201461,"secondary":174600,"primarySource":"current estimate (ACS county median × FHFA metro HPI growth)","secondarySource":"raw ACS 2023 county median (as measured ~2021)","ratio":1.15,"grade":"crosscheck","consistent":false,"hidePoint":false},{"metric":"HUD fair market rent","primary":1239,"secondary":842,"primarySource":"HUD FMR (county)","secondarySource":"Census ACS (county gross rent)","ratio":1.47,"grade":"crosscheck","consistent":false,"hidePoint":true}],"confidence":{"homeValue":{"label":"crosscheck","ratio":1.15,"sources":["current estimate (ACS county median × FHFA metro HPI growth)","raw ACS 2023 county median (as measured ~2021)"],"hidePoint":false,"range":{"low":174600,"high":201461}},"rent":{"label":"crosscheck","ratio":1.47,"sources":["HUD FMR (county)","Census ACS (county gross rent)"],"hidePoint":true,"range":{"low":842,"high":1239}},"income":{"label":"estimate","sources":["Census ACS"]},"crime":{"label":"estimate","sources":["FBI CDE"]}},"note":"Every headline metric is checked against a second figure, and each check names its own basis. The rent and property-price checks pair genuinely independent datasets (HUD FMR vs Census ACS gross rent; your price vs the county estimate). The home-value check compares our current estimate (ACS county median updated by the FHFA state index) against the raw ACS 2023 median — its spread reflects price movement since the ACS measurement period (~2021), not disagreement between unrelated sources. 'Verified' means the two figures agree within 15%; 'Cross-checked' means they diverge more than 15%; 'Divergent' flags a >2x difference. A spread beyond 35% is too wide to defend a single point — the headline shows the source range instead, flagged 'sources disagree'."},"integrity":{"status":"pass","checks":[{"name":"home value freshness","status":"pass","detail":"latest 2026-04-01 (227d old — current for quarterly cadence)"},{"name":"home value card↔chart","status":"pass","detail":"card matches chart"},{"name":"home value growth window","status":"pass","detail":"growth matches the 5.0yr available window"},{"name":"rent freshness","status":"pass","detail":"latest 2026-11-01 (13d old — current for monthly cadence)"},{"name":"rent card↔chart","status":"pass","detail":"card matches chart"},{"name":"cash flow identity","status":"pass","detail":"NOI − P&I = cash flow"},{"name":"cash-on-cash","status":"pass","detail":"annual CF ÷ down matches"},{"name":"cap rate","status":"pass","detail":"NOI×12 ÷ price matches"},{"name":"price-to-rent","status":"pass","detail":"price ÷ (rent×12) matches"},{"name":"income plausibility","status":"pass","detail":"within expected range"},{"name":"price-to-income","status":"pass","detail":"price ÷ income matches"},{"name":"buy-vs-rent: home value at term","status":"pass","detail":"compounds at 6.2%/yr"},{"name":"buy-vs-rent: total rent paid","status":"pass","detail":"geometric series matches"},{"name":"buy-vs-rent: equity built","status":"pass","detail":"home value − loan balance matches"},{"name":"buy-vs-rent: net cost","status":"pass","detail":"outlay − equity gain matches"},{"name":"buy-vs-rent: savings & verdict","status":"pass","detail":"savings = rent − net cost, verdict matches"}],"summary":"16/16 verified","freshness":{"homeValue":{"date":"2026-04-01","ageDays":227,"cadence":"quarterly","current":true},"rent":{"date":"2026-11-01","ageDays":13,"cadence":"monthly","current":true}}},"confidence":{"homeValue":{"label":"crosscheck","ratio":1.15,"sources":["current estimate (ACS county median × FHFA metro HPI growth)","raw ACS 2023 county median (as measured ~2021)"],"hidePoint":false,"range":{"low":174600,"high":201461}},"rent":{"label":"crosscheck","ratio":1.47,"sources":["HUD FMR (county)","Census ACS (county gross rent)"],"hidePoint":true,"range":{"low":842,"high":1239}},"income":{"label":"estimate","sources":["Census ACS"]},"crime":{"label":"estimate","sources":["FBI CDE"]}},"verdict":"Tipton County, IN leans favorable for buying: a price-to-rent ratio of 13.5 favors owning at the median, and modeled investor cash flow is negative, so this is owner-occupant math — not a claim of strong rental yield.","faqs":[{"q":"Is Tipton County, IN a good rental market?","a":"For owning at the median, yes — Tipton County's price-to-rent ratio of 13.5 is in the favorable range, but modeled investor cash flow is negative, so it is not a claim of strong rental yield."},{"q":"What is the median home value in Tipton County?","a":"The typical home value in Tipton County is about $201,461 (county-level, Census ACS & FHFA metro HPI), up 2.1% year-over-year, and up 35.2% over five years."},{"q":"What is the median rent in Tipton County?","a":"The typical rent in Tipton County is about $1,239/mo (county-level, HUD 2-bedroom benchmark bridged from Census ACS gross rent), a current modeled estimate."},{"q":"Is it cheaper to rent or buy in Tipton County?","a":"Over a 7-year horizon, buying is cheaper in Tipton County — roughly $66,251 ahead of renting, with about $161,068 in equity built."},{"q":"Is Tipton County affordable for homebuyers?","a":"Tipton County's median home value is 2.6x the local median household income — Affordable (≤3x income — historical rule of thumb)."},{"q":"What is the property tax rate in Tipton County?","a":"Tipton County's effective property tax rate is about 0.65% of home value (Census ACS county effective rate 0.65% ($1,139 tax ÷ $174,600 ACS median), applied to current value), which on a $201,461 median home is roughly $109/mo."}],"takeaways":["The median home value in Tipton County, IN was $201,461 as of April 2026, up 2.1% year over year (FHFA HPI applied to the Census ACS county median).","The typical market rent in Tipton County, IN was $1,239/mo as of November 2026, a current modeled estimate (HUD Fair Market Rent, FY2027, bridged from Census ACS gross rent).","Tipton County, IN has a price-to-rent ratio of 13.5 — a reading that favors owning (owner-occupant math — not automatically strong investor cash flow). (Computed by Areal from the figures above.)"],"citationSources":[{"name":"U.S. Census Bureau — ACS ACS 2024 5-year estimates","url":"https://www.census.gov/programs-surveys/acs/"},{"name":"FHFA House Price Index","url":"https://www.fhfa.gov/data/hpi"},{"name":"HUD Fair Market Rent","url":"https://www.huduser.gov/portal/datasets/fmr.html"},{"name":"FBI Crime Data Explorer","url":"https://cde.ucr.cjis.gov/"}],"jsonApi":{"function":"getCountyReport","query":"slug=tipton-in","url":"https://areal.studio/functions/getCountyReport?slug=tipton-in"},"assumptions":{"downPct":20,"ratePct":6.75,"years":7},"dataVintage":{"pulledAt":"2026-11-14T10:06:40.050Z","homeValueBasis":"FHFA metro HPI (quarterly, Tipton County, IN HUD Metro FMR Area) × ACS county anchor","rentBasis":"HUD county FMR — flat current estimate (modeled, no public trend)","zhviThrough":null,"zoriThrough":null,"fhfaHpiThrough":"2026-04-01","hpiLevel":"metro","hpiMetro":"Tipton County, IN HUD Metro FMR Area","acsVintage":"ACS 2024 5-year estimates","acsVintageMisses":[],"hudFy":"2027","safmrFy":null},"zipAnchors":{"homeValueTier":"county-fhfa-acs","rentTier":"county-acs-hud","zhvi":null,"zori":null,"safmr":null,"countyHomeEstimate":201461,"countyFmr":1239,"countyRatio":null,"hpiLevel":"metro","hpiMetro":"Tipton County, IN HUD Metro FMR Area"},"links":{"stateDir":"IN","stateName":"Indiana","cityPages":[],"zips":[]},"sources":["Census ACS 5-year","FHFA HPI","HUD Fair Market Rent","FBI CDE (state-level context)"]}