Last updated: 2024 BLS data · Page refreshed:
Payson has a population of 23,039 with a median age of 29.5. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 23,039 |
| Median Age | 29.5 |
| White | 81.9% |
| Black or African American | 1.2% |
| Asian | 0.2% |
| Hispanic or Latino | 17.9% |
The median household income in Payson is $89,905, which is 11.5% above the national median of $80,610. The per capita income is $30,564. The poverty rate is 7.3%.
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In Payson, 92.7% of residents age 25+ have a high school diploma or higher, and 27.9% hold a bachelor's degree or higher (6.4% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 92.7% |
| Bachelor's Degree or Higher | 27.9% |
| Graduate or Professional Degree | 6.4% |
The median home value in Payson is $429,600, above the national median of $303,400. The median monthly rent is $1,549. The homeownership rate is 82.1%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $429,600 |
| Median Monthly Rent | $1,549 |
| Homeownership Rate | 82.1% |
| Vacancy Rate | 4.5% |
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