Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 44.9 yrs |
|---|---|
| Avg HH Size | 2.32 |
| Below Poverty | 7.7% ▼ 23% below avg |
| College Grads | 31.9% ▼ 18% below avg |
| Unemployment | 1.0% ▼ 80% below avg |
| No HS Diploma | 2 (0.2%) |
| HS Graduate | 438 (42%) |
| Some College | 177 (17%) |
| Associates | 93 (8.9%) |
| Bachelors | 82 (7.9%) |
| Graduate Degree | 250 (24%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $58,427 ▼ 23% below avg |
|---|---|
| Median Home Value | $126,300 ▼ 55% below avg |
| Home/Income Ratio | 2.2x (nat avg ~3.5x) |
| Median Rent | $967/mo |
| Total Housing Units | 768 |
| Vacant Units | 103 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Payson is a city in Illinois, located in Adams County. The city spans 1 ZIP code and is home to approximately 1,540 residents. It is a middle-aged city, with a median age of 44.9 years.
Economically, Payson is a solidly middle-class community. The median household income of $58,427 is below the national average. Approximately 7.7% of residents live below the poverty line. The unemployment rate is 1.0%, well below the national average.
The real estate market in Payson is one of the more affordable housing markets in the country. Median home values stand at $126,300, which is well below the national average. Renters typically pay around $967 per month. Homeownership is high at 89.2%, typical of suburban and family-oriented communities.
The population of Payson is moderately educated. 31.9% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (95.84%).
Payson, IL offers residents a cost-conscious lifestyle within Illinois.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 62360 | 1,540 | $58,427 | $126,300 | $967 | 1.0% | 31.9% | 89.2% |