Zip 84651 (Payson, UT) Economy


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Payson, UT (zip code: 84651) is located in Utah County about 40 miles south of Salt Lake City. The 2 bedroom rent in Payson is $1,200, which is much lower than the US average rent of $1,430. The grocery cost index in Payson is also 96 compared to the US average of 100.
Those living in Payson have access to several retailers including Walmart Supercenter, Smiths Food & Drug Centers and Sunroc Building Materials that cater to their needs. There are also a number of restaurants such as JB's Restaurant & Lounge and Los Hermanos Mexican Grill that serve up delicious local food. Furthermore, visitors can enjoy outdoor activities such as fishing, camping and hiking at nearby parks like Strawberry Reservoir or Nebo Loop Scenic Byway. All in all, Payson offers some great amenities for its residents at an affordable cost.

Payson (zip 84651) has an unemployment rate of 2.5%. The US average is 6.0%.

Payson (zip 84651) 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 (zip 84651)
- The Sales Tax Rate for Payson (zip 84651) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Payson (zip 84651) 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 (zip 84651)
- The average income of a Payson (zip 84651) resident is $19,455 a year. The US average is $28,555 a year.
- The Median household income of a Payson (zip 84651) resident is $82,637 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPayson, UtahUnited States
  2.56
  0.4%-6.2%
  51.7%33.5%
  6.9%6.2%
  5.0%4.6%
  $26,352$37,638
  $82,637$69,021
  $87,447$85,028
  Population by Occupation
  1.2%1.2%
  0.2%0.5%
  9.7%6.8%
  15.2%10.0%
  1.9%2.5%
  15.6%11.0%
  2.4%4.8%
  0.6%0.8%
  1.5%1.9%
  2.9%4.7%
  1.8%1.9%
  7.0%7.6%
  0.1%0.1%
  5.4%4.2%
  10.1%9.3%
  10.9%14.0%
  1.3%2.1%
  6.1%7.0%
  3.3%4.8%
  2.8%4.7%
Reviews for Payson
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Over 3 years ago

Payson is nice and quiet but too expensive for business owners. City over taxes business and utilities are almost double the average of St George. They publish slightly  More

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