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Payson, AZ Real Estate


According to census data in the year 2000 there were 7,279 housing units in Payson. This represents a 51.9% growth from 4,792 in 1990.

Of those housing units, 5,648 were located in either urbanized areas or urban clusters, and 1,631 were located in what is classified as a rural area.

Homeownership rate in Payson is about 77%. Payson's vacancy rate, including seasonal lodging, is about 18.4%. Average household size is 2.32 people.

The majority of houses, apartments or condos in Payson were built after 1984.

Statistics

Housing Size

Housing Units by Size
Studio Type0.90%
One Bedroom9.10%
Two Bedrooms44.30%
Three Bedrooms37.40%
Four Bedrooms7.50%
Five Bedrooms or more0.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.28
Median year structure was built1985
Median Value of occupied units$134,900
Median Price asked for vacant units$148,900

Rented Homes, Apartments and Condos

Average Household Size2.44
Median year structure was built1982
Median Monthly Rent asked for vacant units$491

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.40%
Home Equity Loan8.10%
Simple Mortgage44.50%
Debt Free42.10%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs18.6%