Payson, Utah.
Typical home $472,126 (+1.5% in a year), asking rent $1,550 . Provo-Orem, UT metro.
to buy the typical home at today's mortgage rate — +$1,375 (+125%) since Jan 2020.
- 1 year
- Up $6,894 +1%
- $465,232$472,126 since Sep 2025
- 5 years
- Up $61,130 +15%
- $410,996$472,126 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Payson$2,478
- Utah$2,797
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 25 years.
Typical home values in Payson, UT rose 1.5% over the past year — faster than the nation's +1.2%.
Living in Payson, Utah County, Utah
Payson is a city of 21,101 people in Utah County. Half its households earn more than $89,905 a year and half less, against $100,671 across Utah County; 7% of its people live below the poverty line. 82% of its homes are lived in by their owners and 18% are rented. Unemployment in Utah County was 4.1% in August 2026, and the county had 1.8% more jobs in 2025 than the year before. The most residents work in schools and health care, then manufacturing.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Payson is a city at the southern end of Utah County, and its people tend to be young, with a median age well below what is common across much of the country. Most homes are lived in by their owners, and household incomes run somewhat below the county's, with a small share of residents living below the poverty line. A four-year degree is held by a smaller group of adults, and many residents commute a fairly short way to work, while some work from home.
Work. Residents work mainly in schools, hospitals and social care, followed by manufacturing, shops and professional and business services. Some of the largest workplaces in Payson are Walmart, Mountain View Hospital and Smiths Food And Drug. Across Utah County the number of jobs grew over the past year, and unemployment is about where it was a year earlier.
Things to do. In or beside town, the Peteetneet Museum and Cultural Arts Center is a museum worth a visit. A short drive away are Salem Lake, a reservoir, and the Spanish Fork river, both handy for time outdoors. Winters are cold and snowy, with summers that turn hot in July, so many outings are best planned around the season.
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- 6,826households
- 28%of adults have a degree
- 7%below the poverty line
- 23 mintypical commute
- 14%work from home
What residents work in
Employed residents by industry, from the Census survey. Utah County had 300,580 jobs in 2025, 1.8% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 37° and lows near 20°; warmest in July, with highs near 90° and lows near 62°. About 55 inches of snow and 18 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Santaquin Chlorinator weather station, 6 miles away (NOAA).
Largest workplaces in Payson
- WalmartWarehouse clubs and supercenters442
- Mountain View HospitalGeneral hospital256FTE
- Smiths Food And DrugSupermarkets and other grocery except convenience stores100
- JSI Store Fixtures UtahFixtures, store display, manufacturing56
- SpeedhutInternet retail sales sites28
- PaysonMail and parcel delivery24
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 6 workplaces with 20 or more staff, 1,032 people in all. Hospitals come from their Medicare cost reports (CMS, 2023); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- EarthquakesRelatively high
- LightningRelatively high
- AvalanchesRelatively moderate
- WildfireRelatively moderate
- Winter weatherRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Payson’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Utah County and the Provo-Orem, UT metro.
Payson home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Payson$472,126
- Utah$532,920
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 3 Payson listings, and the typical home goes pending in 34 days — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Payson34.98%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Payson34
- United States27
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Payson96
New listings per month
Sellers arriving at the market.
- Payson24
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Payson$462,757
- United States$371,553
Zip codes with a Payson address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Payson — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.