Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 29.7 yrs |
|---|---|
| Avg HH Size | 3.39 |
| Below Poverty | 5.5% ▼ 45% below avg |
| College Grads | 41.6% ≈ Avg |
| Unemployment | 4.6% ≈ Avg |
| No HS Diploma | 173 (1.1%) |
| HS Graduate | 3,896 (24.4%) |
| Some College | 1,978 (12.4%) |
| Associates | 3,266 (20.5%) |
| Bachelors | 1,808 (11.3%) |
| Graduate Degree | 4,818 (30.2%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $94,152 ▲ 23% above avg |
|---|---|
| Median Home Value | $423,200 ▲ 52% above avg |
| Home/Income Ratio | 4.5x (nat avg ~3.5x) |
| Median Rent | $1,398/mo |
| Total Housing Units | 8,956 |
| Vacant Units | 309 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Payson is a city in Utah, located in Utah County. The city spans 1 ZIP code and is home to approximately 29,502 residents. It is a young city, with a median age of 29.7 years.
Economically, Payson is a middle-income community. The median household income of $94,152 is above the national average. Approximately 5.5% of residents live below the poverty line. The unemployment rate is 4.6%, near the national average.
The real estate market in Payson is a premium housing market. Median home values stand at $423,200, which is significantly above the national average. Renters typically pay around $1,398 per month. Homeownership is high at 85.5%, typical of suburban and family-oriented communities.
The population of Payson is well-educated. 41.6% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (80.56%).
Payson, UT offers residents above-average earning potential within Utah.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 84651 | 29,502 | $94,152 | $423,200 | $1,398 | 4.6% | 41.6% | 85.5% |