Last updated: 2024 BLS data · Page refreshed:
Payne has a population of 1,418 with a median age of 29.4. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 1,418 |
| Median Age | 29.4 |
| White | 96.0% |
| Hispanic or Latino | 2.9% |
| Other / Two or More Races | 1.1% |
The median household income in Payne is $63,438, which is 21.3% below the national median of $80,610. The per capita income is $28,205. The poverty rate is 17.4%.
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In Payne, 92.3% of residents age 25+ have a high school diploma or higher, and 20.3% hold a bachelor's degree or higher (4.5% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 92.3% |
| Bachelor's Degree or Higher | 20.3% |
| Graduate or Professional Degree | 4.5% |
The median home value in Payne is $112,000, below the national median of $303,400. The median monthly rent is $759. The homeownership rate is 69.4%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $112,000 |
| Median Monthly Rent | $759 |
| Homeownership Rate | 69.4% |
| Vacancy Rate | 9.3% |
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