Payson is a medium-sized city located in the state of Utah. With a population of 24,666 people and six associated neighborhoods, Payson is the 42nd largest community in Utah. Much of the housing stock in Payson was built relatively recently. The construction of new real estate can often be taken as an indication that the local Payson economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Payson, where the median household income is $89,905.00.
Also of interest is that Payson has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 14.48% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
The percentage of people in Payson who are college-educated is somewhat higher than the average US community of 21.84%: 27.87% of adults in Payson have at least a bachelor's degree.
The per capita income in Payson in 2022 was $30,564, which is lower middle income relative to Utah and the nation. This equates to an annual income of $122,256 for a family of four. However, Payson contains both very wealthy and poor people as well.
Payson is a very ethnically-diverse city. The people who call Payson home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Payson residents report their race to be White, followed by Black or African-American. Payson also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 17.88% of the city’s residents. Important ancestries of people in Payson include English, Scottish, German, Danish, and European.
The most common language spoken in Payson is English. Other important languages spoken here include Spanish and French.