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Payson, UT
Full City Profile · Utah · Utah County County
3.2
/5.0
B
Good
22,205
Population
1,687/sq mi density
$84,286
Median Income
$28,961 per capita
$388,200
Home Value
$466,794 Zillow
$1,393
Median Rent
30.1% income on rent
53°F
Avg Temperature
308 sunny days/yr
100
Violent Crime/100K
1,617 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$84,286 median income, 3.3% unemployment
A
Affordability
4.1 / 5.0
$388,200 home value, $1,393/mo rent
F
Safety
1.0 / 5.0
100 violent crimes/100K
B
Education
3.1 / 5.0
26.6% bachelor's degree or higher
Housing Overview
Median Home Value
$388,200
38% above
US avg: $281,900
Median Rent
$1,393/mo
20% above
US avg: $1,163/mo
Homeownership Rate
82.2%
26% above US avg (65.4%)
Total Housing Units
6,454
Median year built: 1992
Home Value by Source
Census Median
$388,200
Zillow (ZHVI)
$466,794
Median Sale Price
$390,000
Median List Price
$408,625
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
82.2%
Owner-Occupied
17.8%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$981/mo
1 Bedroom
$1,082/mo
2 Bedroom
$1,313/mo
3 Bedroom
$1,746/mo
4 Bedroom
$2,105/mo
Census median rent:
$1,393/mo
· Zillow rent:
$1,510/mo
Market Indicators (Redfin)
Median Days on Market
76 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
19
Price Drops
23.0%
of listings with price reduction
Price Per Sq Ft
$191
Active Inventory
74
homes for sale
Affordability & Housing Stock
Rent Burden
30.1%
of renters spending 30%+ of income on housing
3% below US avg (31.0%)
Median Year Built
1992
Average age of housing stock: 34 years
Homeownership Rate
82.2%
Complete Housing Data
Home Values
| Census Median Value | $388,200 |
| Zillow Home Value (ZHVI) | $466,794 |
| Median Sale Price | $390,000 |
| Median List Price | $408,625 |
| Price Per Sq Ft | $191 |
Rent
| Census Median Rent | $1,393 |
| Zillow Rent (ZORI) | $1,510 |
| FMR Studio | $981 |
| FMR 1-Bedroom | $1,082 |
| FMR 2-Bedroom | $1,313 |
| FMR 3-Bedroom | $1,746 |
| FMR 4-Bedroom | $2,105 |
Market
| Days on Market | 76 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 23.0% |
| Homes Sold | 19 |
| Active Inventory | 74 |
| Price Per Sq Ft | $191 |
Ownership & Stock
| Owner-Occupied | 82.2% |
| Renter-Occupied | 17.8% |
| Homeownership Rate | 82.2% |
| Total Housing Units | 6,454 |
| Median Year Built | 1992 |
| Rent Burden | 30.1% |