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Cost of Living in Payne County, OK

Population 82,972 · Census ACS 2020–2024 5-year estimates

Median rent$917
Median home value$223,300
Median household income$49,809

The median rent in Payne County, OK is $917/month, 10% lower than the Oklahoma median and 35% lower than the U.S. median. The median home value is $223,300, 33% lower than the national median. Households earn a median of $49,809 a year, 23% lower than the state median.

Affordability

Rent as a share of median income: 22.1%
Income needed for median rent (30% rule): $36,680/yr
Home price-to-income ratio: 4.5×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,129/mo

Run your own numbers: mortgage calculator · hourly to salary

Payne County vs. Oklahoma vs. U.S.

Payne CountyOklahomaU.S.
Median rent$917$1,014$1,413
Median home value$223,300$199,800$332,700
Median household income$49,809$65,039$80,734
Homeownership rate51.0%65.8%65.2%
Bachelor's degree or higher39.7%28.3%35.7%
Poverty rate22.6%15.3%12.5%
Unemployment rate5.7%5.0%5.2%
Work from home8.8%9.4%15.1%
Median age27.737.038.9

FAQ

What is the average rent in Payne County, OK?

The median gross rent in Payne County, OK is $917 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Payne County, OK?

Using the common 30% rule, renting a median-priced home takes about $36,680 a year in gross income.

Is Payne County, OK expensive to live in?

Rent there is 35% lower than the U.S. median, and the median home costs about 4.5 times the median household income.

Other counties in Oklahoma

Oklahoma County, OKRent $1,116 · Income $66,679Tulsa County, OKRent $1,110 · Income $69,009Cleveland County, OKRent $1,167 · Income $77,068Canadian County, OKRent $1,289 · Income $87,751Comanche County, OKRent $970 · Income $60,761Rogers County, OKRent $1,047 · Income $80,067

Counties with a similar cost of living

Nolan County, TXRent $913 · Income $50,747Dougherty County, GARent $935 · Income $49,044Miller County, ARRent $892 · Income $48,836Darlington County, SCRent $896 · Income $48,581Putnam County, FLRent $906 · Income $47,934Vance County, NCRent $883 · Income $50,465

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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