Payson, UT Real Estate
According to census data in the year 2000 there were 3,876 housing units in Payson.
This represents a 45.8% growth from 2,659 in 1990.
Of those housing units, 3,855 were located in either urbanized areas or urban clusters, and 21 were located in what is classified as a rural area.
Homeownership rate in Payson is about 77.6%.
Payson's vacancy rate, including seasonal lodging, is about 4.8%.
Average household size is 3.47 people.
The majority of houses, apartments or condos in Payson were built after 1977.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.20% |
| One Bedroom | 5.70% |
| Two Bedrooms | 22.30% |
| Three Bedrooms | 33.20% |
| Four Bedrooms | 21.10% |
| Five Bedrooms or more | 16.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.56 |
| Median year structure was built | 1977 |
| Median Value of occupied units | $128,400 |
| Median Price asked for vacant units | $112,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.14 |
| Median year structure was built | 1975 |
| Median Monthly Rent asked for vacant units | $444 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 17.20% |
| Home Equity Loan | 11.70% |
| Simple Mortgage | 47.90% |
| Debt Free | 23.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.2% |
