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 Type | 0.90% |
| One Bedroom | 9.10% |
| Two Bedrooms | 44.30% |
| Three Bedrooms | 37.40% |
| Four Bedrooms | 7.50% |
| Five Bedrooms or more | 0.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.28 |
| Median year structure was built | 1985 |
| Median Value of occupied units | $134,900 |
| Median Price asked for vacant units | $148,900 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.44 |
| Median year structure was built | 1982 |
| Median Monthly Rent asked for vacant units | $491 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.40% |
| Home Equity Loan | 8.10% |
| Simple Mortgage | 44.50% |
| Debt Free | 42.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.6% |
