Last updated: 2024 BLS data · Page refreshed:
Payson has a population of 16,622 with a median age of 60.9. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 16,622 |
| Median Age | 60.9 |
| White | 84.3% |
| Black or African American | 0.4% |
| Asian | 0.6% |
| Hispanic or Latino | 12.3% |
| Other / Two or More Races | 2.4% |
The median household income in Payson is $67,710, which is 16.0% below the national median of $80,610. The per capita income is $42,466. The poverty rate is 11.0%.
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In Payson, 93.0% of residents age 25+ have a high school diploma or higher, and 24.5% hold a bachelor's degree or higher (9.4% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 93.0% |
| Bachelor's Degree or Higher | 24.5% |
| Graduate or Professional Degree | 9.4% |
The median home value in Payson is $382,400, above the national median of $303,400. The median monthly rent is $1,345. The homeownership rate is 75.7%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $382,400 |
| Median Monthly Rent | $1,345 |
| Homeownership Rate | 75.7% |
| Vacancy Rate | 19.8% |
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