HOUSING Access to affordable housing is key to reducing barriers to workforce participation and increasing economic mobility. According to the National Low Income Housing Coalition, a person working at $7.25/hour per week would need to work 79 hours per week to afford a modest one-bedroom rental in Oklahoma.
Cost of Housing The wage needed for a three-bedroom in Payne County is $24 per hour or $49,920 annually . On average, the cost to rent a three-bedroom in Payne County is $1,248 per month.
Source: National Low Income Housing Coalition
Household Size Distribution
1 person
2 people
3 people
4 people
Household Size Distribution According to the U.S. Census in 2022, the average household size in Payne County was two people.
5 people
6 or 7 people
5 people 4.3%
4 people 10.4%
1 person 34.6%
Rent or Own?
Data from the National Low Income Housing Coalition’s 2023 report shows that 47% of households in Payne County are renters compared to the state rate of 34%. Since a college town is located in Payne County, it isn’t necessarily surprising to see a high rate of renters.
3 people 14.4%
Fair market rent and annual income needed in Payne County are comparable to state averages. However, the housing wage required to afford a two-bedroom apartment in Payne is $17.25, higher than the hourly rate for six of the 15 most concentrated job occupations highlighted earlier.
2 people 34.3%
Fig. 7, Source U.S. Census Bureau
According to the 2023 OKC Point in Time: Snapshot of Homelessness report, Payne County was ranked among the top five most expensive housing counties in Oklahoma along with Oklahoma City, Tulsa, Beckham and Greer Counties.
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