Living in Payson, Utah
Cost of living, income, home prices, rent and demographics of Payson · Census data 2020–2024
Payson has 23,039 residents with a median age of 29.5. The median household income is $89,905 (6% lower than the Utah median), the median home value is $429,600, the median rent is $1,549/month.
Payson at a glance
- Population
- 23,039
- Median age
- 29.5State: 32
- Median household income
- $89,905State: $95,166
- Median home value
- $429,600State: $489,400
- Median rent
- $1,549/moState: $1,496
- Homeowners
- 82.1%
- Bachelor's degree or higher
- 27.9%
- Average commute
- 23 min
Is Payson a good place to live?
Pros: Home values 12% lower than the state median; a poverty rate of 7.3%.
Cons: Median household income 6% lower than the Utah median; an average commute of 23 minutes; unemployment of 5.8%.
The weather is best in May–June and September–October.
Cost of living in Payson
Housing is the biggest part of the cost of living. In Payson the median home value is $429,600, 29% higher than the U.S. median. Renters pay a median of $1,549 per month, which is 28.3% of household income. Homeowners with a mortgage pay $1,871 a month in housing costs.
Payson median household income
The median household income in Payson is $89,905 and the income per person is $30,564. 7.3% of residents live below the poverty line (Utah: 8.5%).
Housing in Payson: homes for sale and rent
- Housing units
- 7,146
- Owner-occupied
- 82.1%
- Renter-occupied
- 17.9%
- Vacant
- 4.5%Includes seasonal homes
- Median year built
- 1997
- Average household size
- 3.35
Payson demographics
- Population
- 23,039
- Median age
- 29.5
- Under 18
- 30.7%
- 65 and older
- 10.3%
- Households
- 6,826
- Foreign-born
- 7.2%
- Veterans
- 5.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Payson ›
Education in Payson
27.9% of adults 25 and older in Payson have a bachelor's degree or higher (Utah: 37.7%), and 6.4% have a graduate or professional degree.
Jobs and commute in Payson
- Unemployment rate
- 5.8%State: 3.6%
- Average commute
- 23 minState: 22 min
- Work from home
- 14.5%
- Drive alone
- 74.2%
- Public transit
- 0.9%
- Walk to work
- 0.5%
- Homes with broadband
- 90.6%
Payson vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Payson | 23,039 | $89,905 | $429,600 | $1,549 |
| Spring Lake | 657 | $94,936 | $554,900 | — |
| West Mountain | 1,282 | $111,791 | $658,100 | — |
| Elk Ridge | 4,898 | $143,167 | $614,800 | — |
| Salem | 10,324 | $111,117 | $605,700 | $1,592 |
| Benjamin | 864 | $69,632 | $687,500 | $1,401 |
| Woodland Hills | 1,559 | $151,964 | $812,500 | $1,750 |
| Santaquin | 16,436 | $99,837 | $465,100 | $1,397 |
| Genola | 1,842 | $126,667 | $638,300 | $2,071 |
More for people moving to Payson
Payson ZIP code ›Weather and climate ›Living in Payson: FAQ
What is the median household income in Payson, UT?
The median household income in Payson is $89,905, 6% lower than the Utah median of $95,166 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Payson?
The median home value in Payson is $429,600, compared with $489,400 in Utah.
How much is rent in Payson?
The median gross rent in Payson is $1,549 per month, about 28.3% of household income.
Is Payson, UT a good place to live?
Pluses: home values 12% lower than the state median; a poverty rate of 7.3%. Minuses: median household income 6% lower than the Utah median; an average commute of 23 minutes; unemployment of 5.8%.
What is the median age in Payson?
The median age in Payson is 29.5 years (Utah: 32).
How long is the commute in Payson?
The average commute to work in Payson is 23 minutes; 14.5% of workers work from home.
What is the unemployment rate in Payson?
The unemployment rate in Payson is 5.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Payson?
27.9% of adults in Payson 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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