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Payne County Housing Market

Oklahoma · 77 counties · Ranked #2096 in home value

Below National Avg

Housing at a Glance

Median Home Value

$217,700

vs national$217,700 vs $281,900 national

Median Gross Rent

$922/mo

vs national$922 vs $1,163 national

Effective Tax Rate

0.87%

vs national0.87% vs 1.02% national

Median Household Income

$48,937

vs national$48,937 vs $74,755 national

Affordability Ratio

4.4x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

34.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$1,884

Tax as % of Home Value

0.87%

Monthly Owner Cost

$1,035

Renter Income

$30,762

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Frequently Asked Questions

What is the median home value in Payne County?

The median home value in Payne County is $217,700. This is below the national median of $281,900.

How much is rent in Payne County?

The median gross rent in Payne County is $922 per month.

What is the property tax rate in Payne County?

The effective property tax rate in Payne County is 0.87%. The median annual property tax bill is $1,884.

Is Payne County affordable?

With a home-value-to-income ratio of 4.4x, Payne County is moderately affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.