Payson, AZ is a beautiful small town located in central Arizona. It is home to many businesses such as Rim Country Health and Payson Market Place. The area has seen an increase in popularity due to its affordability; the average 2 bedroom rent is $1,120 compared to the US average of $1,430, and the local grocery cost index is 97 versus the US average of 100. This makes Payson an attractive option for people looking to move somewhere with a lower cost of living than most other towns in the United States. With its great weather and close proximity to hiking trails and other outdoor activities, it's no wonder that so many people are flocking to Payson!
Payson has an unemployment rate of 6.7%. The US average is 6.0%.
Payson has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 32.0%, which is lower than the US average of 33.5%.
Tax Rates for Payson
- The Sales Tax Rate for Payson is 9.6%. The US average is 7.3%.
- The Income Tax Rate for Payson is 4.2%. 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 $23,784 a year. The US average is $28,555 a year.
- The Median household income of a Payson resident is $58,109 a year. The US average is $69,021 a year.