Last updated: 2024 BLS data · Page refreshed:
Payson has a population of 1,100 with a median age of 35.8. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 1,100 |
| Median Age | 35.8 |
| White | 94.2% |
| Asian | 2.5% |
| Hispanic or Latino | 1.5% |
| Other / Two or More Races | 1.8% |
The median household income in Payson is $60,478, which is 25.0% below the national median of $80,610. The per capita income is $28,792. The poverty rate is 12.5%.
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In Payson, 95.9% of residents age 25+ have a high school diploma or higher, and 17.9% hold a bachelor's degree or higher (4.6% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 95.9% |
| Bachelor's Degree or Higher | 17.9% |
| Graduate or Professional Degree | 4.6% |
The median home value in Payson is $132,000, below the national median of $303,400. The median monthly rent is $768. The homeownership rate is 83.0%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $132,000 |
| Median Monthly Rent | $768 |
| Homeownership Rate | 83.0% |
| Vacancy Rate | 8.4% |
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