93 / 100

Payne County, OK

RANK #69 / 1001 NAT  ·  #3 / 15 OK  ·  POP 82,972

1YR FORECAST: +2.2%

5YR OUTLOOK: +38%

#27 Best for Families
Our model projects Payne County's housing market to grow +2.2% over the next year, significantly outpacing the national average.

[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.

MARKET PROFILE

Idiosyncratic Markets

Payne County's data profile doesn't fit any single market profile cleanly — its housing, labor, and demographic signals pull in different directions (home prices +4.4% YoY, population +0.8%, wages +3.3%). About 414 U.S. counties show this kind of mixed-signal pattern.

See all 414 Idiosyncratic Markets counties →

[02] Market Snapshot

Housing Ratio
9.8x

Overvalued relative to economy

Home Prices
+4.4%

Outpacing national median

Climate & Terrain
0.4

Moderate climate & terrain

Price/Rent
13x

Below national median (15x)

Housing looks overvalued at 9.8x — home prices are high 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

Bars show trailing 12-month growth. The dashed Forecast bars are the model's next-12-month projection; the whisker marks the ±1% range (cooling–accelerating).

The Numbers

DEMOGRAPHICS
Population
82,972
+0.83% YoY
Median Household Income
$49,809
Median Home Value
$223,300
+4.44% 12mo
Median Rent
$917
Average Annual Pay
$53,801
+3.3% YoY
Employment
35,325
+0.4% YoY
Income-to-Home-Value
0.2231
Near national average
Migration Inflow
7.66%
of pop. from another state
Bachelor's Degree+
39.7%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$249,500
Days on Market
29
Active market
Months of Supply
2.9
Seller's market
Sale-to-List Ratio
98.6%
Near asking price
Sold Above List
14.7%
Listings w/ Price Drops
27.5%
Building Permits (2025)
217
Single-Family Permits
137

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

Population Growth +0.8% 60 percentile
Income Growth +1.8% 27 percentile
Vacancy Rate 2.1% 5 percentile
Home Price Change +4.4% 82 percentile
Rent Growth +7.2% 92 percentile
Price/Rent 13x 78 percentile

Bars show percentile rank among all 1001 counties.

[08] Frequently Asked Questions

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

Payne County ranks #69 out of 1001 U.S. counties on the Boom Town Index with a score of 93/100, placing it in the top tier nationally. Median household income is $49,809 and the underlying growth metrics (housing, migration, income) hold up against peer counties.

Is Payne County affordable?

Payne County leans toward the expensive side. A median home value of $223,300 against an income-to-home-value ratio of 0.22 means housing eats a bigger share of local earnings than the national norm. Renters face $917/month on average.

Is Payne County growing or shrinking?

Payne County's population is growing — up +0.8% YoY — while the job market is roughly flat (employment change of +0.4%). Home values shifted +4.4% over the past year. In-migration is outpacing local hiring, which often points to remote workers or retirees driving the headcount.

Are people moving to Payne County?

In significant numbers — 7.66% 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

Comanche County, OK 89 Logan County, OK 88 Grady County, OK 99 Muskogee County, OK 99 Garfield County, OK 85 Rogers County, OK 61 Lea County, NM 93 Raleigh County, WV 93