Housing market/Oklahoma/ZIP 74062

ACS 2023 · FY2027 SAFMR

ZIP 74062 Ripley, Payne County, Oklahoma

Payne County, OK · Oklahoma. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
770
Households
337
Median HH income
$50,781
Renter share
25.2%
Median gross rent
$654
Vacancy
19.6%
Pop. change
-24.2%
2BR SAFMR
$940
SAFMR / rent
1.437×
2–49 unit stock
12
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 74062 · OK — sent to you.

ZIP 74062 · OK

ACS median rent$654
2BR SAFMR$940
90% floor$846
110% ceiling$1,034

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 74062

  • 1-unit detached26262.5%
  • 1-unit attached20.5%
  • 2–4 units102.4%
  • 5–49 units20.5%
  • Mobile14334.1%
TypeUnitsShare
1-unit detached26262.5%
1-unit attached20.5%
2 units (duplex)20.5%
3–4 units81.9%
5–9 units20.5%
10–19 units00.0%
20–49 units00.0%
50+ units00.0%
Mobile14334.1%

2–4 unit share 2.4% · 5–49 unit share 0.5% · combined 2–49 2.9%.

Units by bedrooms

Studio
39
1BR
17
2BR
102
3BR
214
4BR
34
5+
13

Rent burden

Rent ≥30% of income22.4%
Rent ≥50% of income11.8%
  • ACS median gross rent $654 (all bedrooms, occupied rentals).
  • Median contract rent $392.
  • Renters paying ≥30% of income 22.4%; ≥50% 11.8%.
  • FY2027 2BR SAFMR $940 (1.437× ACS median gross rent).

Population

770 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -24.2%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: not published for this ZIP.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 52 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 74062 25.2% of occupied households are renters; vacancy is 19.6%; ACS median gross rent is $654; population changed -24.2% between the 2018 and 2023 ACS vintages; the housing stock includes 10 units in 2–4-unit structures and 2 units in 5–49-unit structures; FY2027 2BR SAFMR is $940 versus ACS median gross rent of $654. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Oklahoma research

ZIP 74062 is a Census / HUD profile for Payne County, OK. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Oklahoma research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 74062?

ZIP 74062 (Payne County, OK) has 770 residents, 337 households, a renter share of 25.2%, median household income of $50,781, and ACS 2023 median gross rent of $654. Vacancy is 19.6%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 74062?

ACS counts 2 units in 2-unit buildings, 8 in 3–4 unit buildings, 2 in 5–9, 0 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 12 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 74062?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $940. See the full schedule and 90–110% payment-standard band on the ZIP 74062 — Ripley, OK HUD Section 8 Payment Standards / SAFMR.

Does this Oklahoma ZIP profile include Georgia listings?

No. ZIP 74062 is Census / HUD research for Payne County, OK. Jeff Crowe CRE does not list Oklahoma property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.