Payne, OH
Population 1,329 · Ohio
About Payne, OH
Payne is a small town located in Ohio with a population of 1,329 residents according to the latest US Census Bureau American Community Survey data. The median household income is $56,250 per year, which is 25% below the national median of $75,149. The median age of 30.6 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Payne features a median home value of $107,500, which is 56% below the national median of $244,900. This makes Payne one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $763, 34% below the national average of $1,163/month. Of the 489 total housing units, 67% are owner-occupied (301 units) and 33% are renter-occupied (151 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Payne shows an unemployment rate of 8.6%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 21.5%, above the national average of 12.4%. Workers in Payne have an average one-way commute time of 20.7 minutes.
Education & Demographics
16.2% of Payne residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 2.4% White, 1.7% Hispanic or Latino, 1.6% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Payne, OH
Compared to national averages, Payne has a median household income of $56,250 (25% below the national median of $75,149). Home values average $107,500, which is 56% below the national median. Monthly rent at $763 is 34% below the US average of $1,163. Within Ohio, Payne's income is 22% below the state average of $71,814, and home values are 38% below the state median of $174,449.
Why Live in Payne, OH?
Payne offers affordable housing with a median home value of $107,500, below the US average of $244,900, and rent that’s lower than the national average at $763/month, and short commute times averaging just 20.7 minutes.
Potential considerations include median household income ($56,250) that falls below the national average. However, Payne’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Payne has a population of 1,329 with a median age of 30.6 years. Compare Payne with other cities to see how it stacks up, or explore all cities in Ohio.
Similar Cities Near Payne
Cities in Ohio with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Prospect | 1,330 | $68,807 | $162,100 | Compare |
| Tuscarawas | 1,331 | $73,977 | $147,100 | Compare |
| New Paris | 1,338 | $45,592 | $86,500 | Compare |
| Smithville | 1,339 | $70,750 | $186,000 | Compare |
| Etna | 1,341 | $120,089 | $274,000 | Compare |
| Wetherington | 1,317 | $196,167 | $607,300 | Compare |
| Castalia | 1,348 | $51,798 | $179,300 | Compare |
| West Salem | 1,301 | $57,917 | $123,000 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Ohio
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Payne With Other Cities
Frequently Asked Questions about Payne
What is the population of Payne, OH?
The population of Payne, OH is 1,329 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Ohio.
What is the median household income in Payne?
The median household income in Payne, OH is $56,250 per year, which is 25% below the national median of $75,149.
What is the median home value in Payne?
The median home value in Payne, OH is $107,500, which is 56% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Payne?
The median monthly rent in Payne, OH is $763, which is 34% below the national average of $1,163/month.
What is the unemployment rate in Payne?
The unemployment rate in Payne, OH is 8.6%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Payne, OH a good place to live?
Payne offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 1,329 and a median age of 30.6, the city appeals to young professionals and families.
How educated is Payne, OH?
16.2% of residents in Payne aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Payne?
Key cost-of-living indicators for Payne, OH: median home value is $107,500 (56% below national), median rent is $763/month, and median household income is $56,250. The home-value-to-income ratio is 1.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Payne?
The poverty rate in Payne, OH is 21.5%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Payne, OH?
Payne's population is 2.4% White, 1.7% Hispanic or Latino, 1.6% Black or African American, 0.0% Asian, and 0.1% two or more races. 0.0% of residents are foreign-born.