Payson, UT is a quaint town located in northern Utah. It is known for its lush greenery and its outdoor activities like camping, fishing, and hiking. The cost of living is relatively low compared to the US average with 2 bedroom rental rates at $1,130 versus $1,430 nationally and a Grocery Cost Index of 94 compared to 100 in the US. Local companies include Big Daddy’s Restaurant & Market and Joe's Tire Service. Visitors can enjoy taking in the natural beauty of Payson Canyon or visit one of the local wineries like Talisman Winery & Vineyards for tastings. Payson also has several attractions like the Payson Utah Temple, Spanish Fork Peak Trailhead, and Ashman Park.
Payson has an unemployment rate of 2.5%. The US average is 6.0%.
Payson has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 51.7%, which is higher than the US average of 33.5%.
Tax Rates for Payson
- The Sales Tax Rate for Payson is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Payson is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Payson
- The average income of a Payson resident is $18,366 a year. The US average is $28,555 a year.
- The Median household income of a Payson resident is $75,682 a year. The US average is $69,021 a year.