The Premier County drew 3-9 to 0-18 with Sligo in their final match of the current campaign.
Tipp's goals were scored by Michael Quinlivan, captain Peter Acheson and Alan Moloney.
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The point picked up at Markievicz Park saw Liam Kearns' side end up with 7 points from their seven matches.
Westmeath, who were vying with Tipp for survival and lost to Longford today, and Limerick are both relegated to Division 4.
Tipperary's next competitive outing is against Waterford in the Munster Championship at the end of May.
