Living in Payne, Ohio
Cost of living, income, home prices, rent and demographics of Payne · Census data 2020–2024
Payne has 1,418 residents with a median age of 29.4. The median household income is $63,438 (11% lower than the Ohio median), the median home value is $112,000, the median rent is $759/month.
Payne is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Payne at a glance
- Population
- 1,418
- Median age
- 29.4State: 39.7
- Median household income
- $63,438State: $71,389
- Median home value
- $112,000State: $214,800
- Median rent
- $759/moState: $1,034
- Homeowners
- 69.4%
- Bachelor's degree or higher
- 20.3%
- Average commute
- 23 min
Is Payne a good place to live?
Pros: Home values 48% lower than the state median; an average commute of 23 minutes.
Cons: Median household income 11% lower than the Ohio median; unemployment of 5.1%; a poverty rate of 17.4%.
The weather is best in May–June and August–September.
Cost of living in Payne
Housing is the biggest part of the cost of living. In Payne the median home value is $112,000, 66% lower than the U.S. median. Renters pay a median of $759 per month, which is 15.8% of household income. Homeowners with a mortgage pay $965 a month in housing costs.
Payne median household income
The median household income in Payne is $63,438 and the income per person is $28,205. 17.4% of residents live below the poverty line (Ohio: 13.3%).
Housing in Payne: homes for sale and rent
- Housing units
- 497
- Owner-occupied
- 69.4%
- Renter-occupied
- 30.6%
- Vacant
- 9.3%Includes seasonal homes
- Median year built
- 1947
- Average household size
- 3.05
Payne demographics
- Population
- 1,418
- Median age
- 29.4
- Under 18
- 32.1%
- 65 and older
- 12.4%
- Households
- 451
- Foreign-born
- 0%
- Veterans
- 4.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Payne ›
Education in Payne
20.3% of adults 25 and older in Payne have a bachelor's degree or higher (Ohio: 31.5%), and 4.5% have a graduate or professional degree.
Jobs and commute in Payne
- Unemployment rate
- 5.1%State: 4.8%
- Average commute
- 23 minState: 23 min
- Work from home
- 4.3%
- Drive alone
- 87.8%
- Public transit
- 0%
- Walk to work
- 0.8%
- Homes with broadband
- 86%
Payne vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Payne | 1,418 | $63,438 | $112,000 | $759 |
| Antwerp | 1,916 | $58,036 | $144,800 | $806 |
| Woodburn | 1,263 | $65,938 | $137,000 | $939 |
| Latty | 182 | $90,000 | $98,600 | $633 |
| Haviland | 186 | $74,500 | $89,200 | $725 |
| Paulding | 3,230 | $53,750 | $120,200 | $822 |
| Scott | 160 | $44,712 | $56,000 | $692 |
| Broughton | 118 | $46,818 | $80,000 | — |
| Monroeville | 1,122 | $56,302 | $128,000 | $883 |
More for people moving to Payne
Payne ZIP code ›Weather and climate ›Living in Payne: FAQ
What is the median household income in Payne, OH?
The median household income in Payne is $63,438, 11% lower than the Ohio median of $71,389 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Payne?
The median home value in Payne is $112,000, compared with $214,800 in Ohio.
How much is rent in Payne?
The median gross rent in Payne is $759 per month, about 15.8% of household income.
Is Payne, OH a good place to live?
Pluses: home values 48% lower than the state median; an average commute of 23 minutes. Minuses: median household income 11% lower than the Ohio median; unemployment of 5.1%; a poverty rate of 17.4%.
What is the median age in Payne?
The median age in Payne is 29.4 years (Ohio: 39.7).
How long is the commute in Payne?
The average commute to work in Payne is 23 minutes; 4.3% of workers work from home.
What is the unemployment rate in Payne?
The unemployment rate in Payne is 5.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Payne?
20.3% of adults in Payne have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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