Tipton is a town in Tillman County, Oklahoma, United States. The population was 847 at the 2010 census.Tipton also is home to a home for children, founded in 1928, when Sol Tipton donated a plot of land to the founders. The original Tipton Home was in Canadian, Texas.Tipton lies on the northern portion of the Tillman Terrace Aquifer, an alluvial aquifer in western Tillman County, associated with the southern extent of the North Fork of the Red River.