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Payson, IL
Full City Profile · Illinois · Adams County County
3.2
/5.0
B
Good
1,030
Population
880/sq mi density
$62,262
Median Income
$31,097 per capita
$118,000
Home Value
$154,060 Zillow
$967
Median Rent
22.6% income on rent
53°F
Avg Temperature
302 sunny days/yr
464
Violent Crime/100K
3,327 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$62,262 median income, 1.0% unemployment
A+
Affordability
5.0 / 5.0
$118,000 home value, $967/mo rent
F
Safety
1.0 / 5.0
464 violent crimes/100K (22% above avg)
C+
Education
2.5 / 5.0
19.1% bachelor's degree or higher
Housing Overview
Median Home Value
$118,000
58% below
US avg: $281,900
Median Rent
$967/mo
17% below
US avg: $1,163/mo
Homeownership Rate
84.1%
29% above US avg (65.4%)
Total Housing Units
446
Median year built: 1974
Home Value by Source
Census Median
$118,000
Zillow (ZHVI)
$154,060
Median Sale Price
$180,000
Median List Price
$259,900
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
84.1%
Owner-Occupied
15.9%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent:
$967/mo
Market Indicators (Redfin)
Median Days on Market
86 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
3
Price Drops
50.0%
of listings with price reduction
Price Per Sq Ft
$113
Active Inventory
2
homes for sale
Affordability & Housing Stock
Rent Burden
22.6%
of renters spending 30%+ of income on housing
27% below US avg (31.0%)
Median Year Built
1974
Average age of housing stock: 52 years
Homeownership Rate
84.1%
Complete Housing Data
Home Values
| Census Median Value | $118,000 |
| Zillow Home Value (ZHVI) | $154,060 |
| Median Sale Price | $180,000 |
| Median List Price | $259,900 |
| Price Per Sq Ft | $113 |
Rent
| Census Median Rent | $967 |
| FMR Studio | $774 |
| FMR 1-Bedroom | $854 |
| FMR 2-Bedroom | $1,063 |
| FMR 3-Bedroom | $1,370 |
| FMR 4-Bedroom | $1,561 |
Market
| Days on Market | 86 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 50.0% |
| Homes Sold | 3 |
| Active Inventory | 2 |
| Price Per Sq Ft | $113 |
Ownership & Stock
| Owner-Occupied | 84.1% |
| Renter-Occupied | 15.9% |
| Homeownership Rate | 84.1% |
| Total Housing Units | 446 |
| Median Year Built | 1974 |
| Rent Burden | 22.6% |