This was 23.3 percent lower than the state average of 38 percent. In 2020 the total municipality population reached 3,213.
82.8 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in Tipton for 2020*
| Degree | Number of people | Percentage of population |
|---|---|---|
| No degree | 437 | 17.2 |
| Regular high school diploma | 863 | 34 |
| GED or alternative credential | 429 | 16.9 |
| Some college, less than 1 year | 204 | 8 |
| Some college, 1 or more years, no degree | 232 | 9.1 |
| Associate's degree | 141 | 5.6 |
| Bachelor's degree | 170 | 6.7 |
| Master's degree | 52 | 2 |
| Professional school degree | 11 | 0.4 |
| Doctorate degree | 0 | 0 |
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