69 / 100

Payne County, OK

RANK #305 / 996  ·  POP 82,058  ·  OK

PROJECTED GROWTH: +1.5%

Payne County is growing steadily, with strong fundamentals across jobs, wages, and population.

[01] Why Payne County?

Payne County, Oklahoma, is perhaps best known as the home of Oklahoma State University in Stillwater, its largest city and county seat. Located in central Oklahoma, about an hour northeast of downtown Oklahoma City, the county offers a community feel with access to larger urban centers via Interstate 35 and the Cimarron Turnpike. The landscape features rolling plains, with the western part in the Red Bed plains, and includes two notable reservoirs, Lake McMurtry and Lake Carl Blackwell, providing opportunities for outdoor recreation like fishing, kayaking, and hiking. Stillwater also boasts parks such as Boomer Lake Park, offering trails, disc golf, and boating. Life in Payne County often revolves around its educational institutions, including Oklahoma State University, which contribute to a community with a mix of young professionals and families. The economy is diverse, historically rooted in agribusiness, but now seeing growth in sectors like manufacturing, distribution, and research and development. Recent economic discussions in the county have also focused on emerging technology infrastructure, including data centers and energy projects. Public schools in Payne County are highly rated, with Stillwater Public Schools being a top-ranked district.

[02] Market Snapshot

Housing Ratio
4.6x

Below national median (4.7x)

GDP Growth
+2.0%

Below national median

Home Prices
+3.4%

Outpacing national median

Climate & Terrain
0.4

Moderate climate & terrain

Price/Rent
12x

Below national median (13x)

Housing is fairly valued at 4.6x relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Payne County U.S. National

The Numbers

DEMOGRAPHICS
Population
82,058
+0.29% YoY
Median Household Income
$46,658
Median Home Value
$196,100
+3.44% 12mo
Median Rent
$899
Average Annual Pay
$52,066
+4.9% YoY
Employment
35,198
+1.7% YoY
Income-to-Home-Value
0.2379
Near national average
Migration Inflow
7.3%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$254,450
Days on Market
55
Moderate pace
Months of Supply
3.3
Balanced market
Sale-to-List Ratio
97.7%
Negotiation room for buyers
Sold Above List
18.1%
Listings w/ Price Drops
17.3%
Building Permits (2024)
145
Single-Family Permits
131

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Capital Investment

$4,098M
TOTAL
PROJECT AMOUNT STATUS
Google Data Center Campus
Google
$3,000M Under Construction
Ripley Energy Center
Associated Electric Cooperative, Inc.
$421M Under Construction
Keystone Wind Project
RWE
$250M Planned
Wagon Wheel Wind Energy Project
Invenergy
$250M Proposed
Payne County Solar (Multiple Projects)
Various (e.g., Cleanview listed projects)
$177M Planned

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[06] Score Breakdown

GDP Growth +2.0% 34 percentile
Population Growth +0.3% 42 percentile
Income Growth +6.8% 15 percentile
Vacancy Rate 2.3% 5 percentile
Home Price Change +3.4% 76 percentile
Rent Growth +7.1% 91 percentile
Price/Rent 12x 62 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Payne County, OK a good place to move to?

Payne County has a Boom Town Index score of 69/100, ranking #305 among 996 U.S. counties. With job growth at +1.7% and a median household income of $46,658, it's an above-average county on economic indicators.

Is Payne County affordable?

The median home value in Payne County is $196,100 with median rent at $899/month. The income-to-home-value ratio is 0.2379, which is less affordable than the national average.

Is Payne County growing or shrinking?

Population growth: +0.3% year-over-year. Job growth: +1.7%. Home values changed +3.4% in the past 12 months.

Are people moving to Payne County?

Yes — 7.3% of Payne County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

Calhoun County, MI 79 Columbia County, NY 79 Jefferson County, NY 79 Racine County, WI 79 Lawrence County, OH 79 Adams County, PA 79 Rockland County, NY 79 Leavenworth County, KS 79