Counties / Oklahoma / Pawnee County

Pawnee County, OK

FIPS 40117 · population 15,795 · part of Tulsa, OK

$179k
Zillow home value · 2026-06
The numbers

What this county costs and earns

Everything here joins on the county FIPS code, so each figure comes from the agency that publishes it with no name matching in between.

Zillow home value
$179k
▲ 3.6% year over year
Zillow ZHVI · direct
ACS median gross rent
$864
occupied-unit survey; not current asking rent
Census ACS · surveyed
Gross yield
n/a
gross yield cannot be computed without measured market rent
requires both measured price and measured rent
HUD 2-bed standard
$1,006
the Section 8 payment standard
HUD Fair Market Rent · direct
Independent price check

Do two methods point the same way?

Zillow estimates a current home value. FHFA tracks repeat mortgage transactions. Their growth rates should be read side by side, not averaged.

Both annual signals move in the same direction
FHFA five-year cumulative+62.6%not annualized · through 2025
0%ZILLOW ZHVI2026-06+3.6%FHFA HPI2025+15.4%
Annual changes use different methods and may use different periods. The comparison checks direction and magnitude; it does not create a blended estimate. Zillow county ZHVI pulled 2026-07-26; FHFA annual county HPI pulled 2026-07-28.
Owner-reported value$132k
Surveyed gross rent$864
Rent burden 30%+45.3%
Median year built1978
Housing composition

Who occupies the stock—and what it is

ACS 2024 5-year
16.6%vacant
7,326estimated housing units
Occupied tenure20.5% renter
owner 79.5%renter 20.5%
Structure mix71.9% single-family
Single-family 71.9%20+ units 1.1%Mobile home 23.0%Other 4.0%
ACS estimates describe the standing housing stock and occupied tenure. They do not measure current listings, transaction prices or asking rents.

Survey source: Census ACS 5-year — county housing value, tenure and stock · ACS 2024 5-year · pulled 2026-07-30. These values describe different housing universes and are not combined into gross yield.

Annual average covered jobs3,380▼ 2.3% from the prior annual release
Covered establishments353annual average reporting locations
Average weekly wage$906▲ 4.1% from the prior annual release
Largest private supersectorEducation and health services25.4% of disclosed private covered jobs
Local labor base

Jobs, pay and private-sector concentration

2025
0%COVERED JOBS−2.3%WEEKLY WAGE+4.1%Education and health services25.4%
Annual QCEW counts cover jobs located at reporting establishments. The industry share uses disclosed private covered employment; it is not a resident-employment measure or a forecast.

Workplace source: BLS QCEW — county employment and wages · annual county employment and wages 2025 vs 2024 · pulled 2026-07-31. QCEW counts covered jobs located in the county, not employed residents or the metro score’s CES/LAUS series.

County brief

What the local evidence says

01Decision frame

The decision tension is modest Zillow value movement against much stronger, differently measured FHFA appreciation, while workplace employment and flood exposure leave carrying-cost support unresolved. Cash-flow-focused underwriters should be cautious; buyers testing entry basis should investigate the divergence. Zillow's county median home value was $179,477 in 2026-06, up 3.62% year over year. FHFA's 2025 repeat-transaction HPI—not a home value—rose 15.45% annually and 62.57% cumulatively over its stated five-year measure. These distinct vintages and methods cannot be averaged, but they flag a need to validate current comparable sales.

02Housing economics

No county market asking rent is published, so gross yield cannot be computed. HUD's $1,006 two-bedroom FMR is a payment standard, not asking rent, and cannot substitute for it. The effective property-tax rate is 0.67%, a county-level carrying-cost input rather than a parcel estimate. Lease comparables, vacancy, operating costs, and property-specific taxes are not published, preventing a price-to-rent or net-cash-flow conclusion.

03Demand & competition

Realtor.com's 2026-06 MLS evidence shows 55 active listings, a median 64 days on market, and 16.05% with price reductions. Listings are visible asking-price supply; days measure marketing time and cuts seller concessions, none proves buyer demand or a closed-sale price. Tax-return migration was net inward, with higher average income among incoming than outgoing movers, but it does not identify tenants or homebuyers. The 6.92% investor share across 159 purchases measures non-occupant purchase mortgages, not cash acquisitions or all investor activity.

04Risk & next checks

Inland flood is the dominant hazard; modeled annual climate loss equals 0.24% of building value, not a property-specific dollar loss. The supplied annual QCEW observation covers jobs at county workplaces, not residents: covered employment declined while average weekly wage rose, and Education and health services was the largest disclosed private supersector. Missing parcel-level flood zone, insurance quote, condition, financing, lease comps, and closed-sale comps prevents a durable underwriting conclusion on insured carrying cost, income, and exit value.

Cities & communities

Where people live within Pawnee County

Census-recognized incorporated places and CDPs that intersect this county. The list does not pretend to include every neighborhood or informal community.

Population scale

Largest Census places

ACS 2024 5-year
Mannford town*3.3KCleveland city3.2KPawnee city1.9KWestport town606Jennings town346Ralston town328Hallett town132Terlton town78
Bars use total place population, not a county-share estimate. An asterisk marks a place that crosses a county line.
Official directory

15 Census places

Population
  1. 01
    Mannford townIncorporated place · spans 3 counties
    3,269
  2. 02
    Cleveland cityIncorporated place
    3,225
  3. 03
    Pawnee cityIncorporated place
    1,886
  4. 04
    Westport townIncorporated place
    606
  5. 05
    Jennings townIncorporated place
    346
  6. 06
    Ralston townIncorporated place
    328
  7. 07
    Hallett townIncorporated place
    132
  8. 08
    Terlton townIncorporated place
    78
  9. 09
    Blackburn townIncorporated place
    76
  10. 10
    Skedee townIncorporated place
    62
  11. 11
    Lone Chimney townIncorporated place
    51
  12. 12
    Oak Grove townIncorporated place
    46
Show 3 more places
  1. 13
    Maramec townIncorporated place
    34
  2. 14
    Mule Barn townIncorporated place
    0
  3. 15
    Quay CDPCensus-designated place · spans 2 counties
    0

Population is the total place-wide ACS estimate, not an allocated county share. A place crossing a county line is labelled explicitly. Source: Census ACS 5-year — cities and communities · ACS 2024 5-year · pulled 2026-07-30.

Risk, demand and competition

The three things a price does not tell you

01
Risk & carrying costFEMA NRI + Census ACS
Dominant hazardinland flooding

0.241% of building value expected lost per year

Effective property tax0.67%

$876 median annual bill

02
DemandIRS SOI household flows
Net migration+65

527 in · 462 out

Arriving vs leaving income+$3,566

$46,657 arriving · $43,091 leaving

03
CompetitionHMDA financed purchases
Purchases by investors6.9%

11 of 159 mortgages

investorother financed
Current listing pressure

What sellers and visible supply are doing

Realtor.com® Economic Research · county inventory 2026-06 · pulled 2026-07-28
Active listings55▲ 12.2% year over year
Median days on market64▲ 41.2% year over year
Listings price-reduced16.1%seller-concession signal
Median listing pricen/a▲ 4.7% year over year

Listing price is an asking price, not a closed sale. Quality-flagged county rows are withheld instead of displayed.

No rent index is published for this county.Zillow’s county rent series does not cover every county, and estimating one from a neighbouring county would be a guess wearing a number’s clothes. Everything above is measured here; for a rent figure, the Tulsa, OK page covers the wider market.
Same metro

The other counties in Tulsa, OK

A metro is an average of these. Which side of a county line a property sits on can change the tax bill, the hazard profile and the tenant pool.

CountyPopulationPriceRentYieldHazard
Pawnee County15,795$179kn/an/ainland flooding
Tulsa County680,794$256k$1,3526.3%inland flooding
Rogers County98,610$287k$1,4446.0%inland flooding
Wagoner County86,609$286k$1,6216.8%inland flooding
Creek County72,830$221k$1,2746.9%inland flooding
Osage County45,997$221kn/an/ainland flooding
Okmulgee County36,899$135kn/an/ainland flooding
Bear case

What can break the county thesis

  1. Lease comparables may not support cash flow at the observed value basis.
  2. Parcel flood exposure or insurance costs may exceed the county-level modeled measure.
  3. Current MLS listings may not translate into executable exit pricing because they are asking-market evidence, not closed sales.
Underwriting questions

Before pricing a property

Can gross yield be calculated from this record?

No. County market rent is not published, and HUD FMR cannot be used as market rent.

Does the Realtor.com median listing evidence establish a sale price?

No. It is MLS asking-market evidence rather than a closed-sale measure.

What does QCEW employment measure here?

Annual average covered jobs located at workplaces in the county, not resident employment.