78 / 100

Payne County, OK

Stillwater

RANK #218 / 996 NAT  ·  #7 / 14 OK  ·  POP 82,058

1YR FORECAST: +1.5%

5YR OUTLOOK: +31%

Our model projects above-average housing market growth for Payne County at +1.5% over the next year.

[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] Top Employers

  1. 1
    Oklahoma State University-Main Campus Education
    5,000+
  2. 2
    Stillwater Medical Center Healthcare
    1,000+
  3. 3
    Meridian Technology Center Education
    250+
  4. 4
    Payne County Government Government
  5. 5
    Stillwater Public Schools Education

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[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
Bachelor's Degree+
38.6%
of residents (national avg: 33%)

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] Crime & Safety

B
SAFETY
GRADE
Homicide Rate
3.1
per 100K · nat avg 6.3
Firearm Fatalities
10.7
per 100K · nat avg 14.8
Injury Deaths
66.8
per 100K · nat avg 76.3
vs National Average
Well below national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] 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.

[07] 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.

[08] Frequently Asked Questions

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

With a Boom Town Index score of 78/100, Payne County sits in the upper half of all 996 ranked counties. Employment is expanding at +1.7%, and median household income stands at $46,658 — indicators that suggest solid fundamentals even if it's not among the fastest-growing counties in OK.

Is Payne County affordable?

Payne County leans toward the expensive side. A median home value of $196,100 against an income-to-home-value ratio of 0.24 means housing eats a bigger share of local earnings than the national norm. Renters face $899/month on average.

Is Payne County growing or shrinking?

Employers in Payne County are hiring — job growth of +1.7% — but the population is close to flat (+0.3% YoY). Home values moved +3.4% over the past year. Labor demand is outpacing local population growth, which tends to tighten wages and housing.

Are people moving to Payne County?

In significant numbers — 7.3% of Payne County's current population relocated from another state, well above the national norm. That level of in-migration usually signals a county where jobs, affordability, or quality of life are pulling people in from elsewhere.

[09] Similar Counties by Size & Score

Creek County, OK 79 Pottawatomie County, OK 75 Tulsa County, OK 85 Wagoner County, OK 68 Comanche County, OK 95 Garfield County, OK 98 Oconee County, SC 78 Jefferson County, WI 78