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Population & People
Population
21,529
Median age
29.5
Median household income
$89,905
Poverty rate
7.3%
Unemployment rate
5.8%
Bachelor's degree+
27.9%
Avg. commute
20 min
Hispanic or Latino
17.9%
Source: U.S. Census Bureau, American Community Survey.
Housing & Rent
Median home value
$429,600
Median gross rent
$1,549/mo
Homeownership rate
82.07%
HUD FMR — 2 bedroom
$1,313
HUD Fair Market Rent (Utah statewide average across 29 areas — not specific to Payson), 2026. Efficiency $981, 1BR $1082, 2BR $1313, 3BR $1746, 4BR $2105. This is a different official figure from Census median gross rent above.
Energy
Utah commercial electricity
10.04¢/kWh
Utah industrial electricity
8.43¢/kWh
Utah residential electricity
13.07¢/kWh
Economy
Gross Domestic Product: All Industry Total
315973.2
Real Gross Domestic Product: All Industry Total
240786.9
All-Transactions House Price Index for Utah
864.92
Unemployment Rate
3.6%
Source: FRED, Utah-specific series.