Gila County · Arizona · West · 17k residents
Payson, AZ: economy, jobs & business costs
The site-selection read on Payson: labor costs, talent, corporate tax, energy, and business activity, with the Arizona median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: ACS place data; supplementary fields may use state estimates.
Average weekly wages in the surrounding labor market run $1,147/wk. Arizona's corporate income tax rate is 4.9%. Commercial electricity averages 12.2¢/kWh.
Compare Payson side by side
Avg. weekly wage
$1,147/wk
Corporate income tax
4.9%
Bachelor's degree or higher
24.5%
Commercial electricity
12.2¢/kWh
Economic momentum
How fast Payson's economy is moving, ranked against the US cities we track.
35/100
Steady
Ranks Payson's residential building-permit and jobs growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.
| ACS median home value | $382,400 |
| Price per sq. ft. | $275 |
| Property tax rate | 0.6% |
| 1-bedroom rent | $889/mo |
| 2-bedroom rent | $1,566/mo |
| State & local income tax | 1.64% |
| Sales tax | 8.4% |
| Corporate income tax | 4.9% |
| Avg. weekly wage | $1,147/wk |
| Bachelor's degree or higher | 24.5% |
| Commercial electricity | 12.2¢/kWh |
| Businesses per 1k residents | 20.8/1k |
| Wage: Software developer | $129,690 |
| Wage: Registered nurse | $99,500 |
| Wage: General manager | $94,800 |
| Wage: Customer service | $45,690 |
| Wage: Warehouse worker | $37,500 |
| Wage: Heavy truck driver | $58,080 |
| Wage: Electrician | $61,060 |
| Wage: Retail salesperson | $35,720 |
| Cost of living index | 102 |
| Groceries index | 100 |
| Utilities | $190/mo |
| Transit pass | $64/mo |
| Gas price | $3.40/gal |
| Healthcare index | 98 |
| Childcare (per child) | $1,150/mo |
| Median household income | $67,710 |
| Unemployment rate | 3.9% |
| Population | 17k |
| Crime index | 50/100 |
| School rating | 4.8/10 |
| Walkability | 30/100 |
| Disaster risk | 90/100 |
| Avg. commute | 26 min |
| Sunny days / year | 290 days |
| July high | 93°F |
| January low | 26°F |
| Annual snowfall | 19 in |
| Home price YoY | -1.3% |
| Home price MoM | -0.2% |
| Rent YoY | — |
| Rent MoM | — |
| Employment (jobs) YoY | -0.2% |
| Building permits YoY | -11.5% |
| Ocean coast | 355 mi |
| Big lake | 37 mi |
| Mountains | 37 mi |
| Major airport | 68 mi |
| Ski resort | 80 mi |
Popular comparisons
Nearby
- Fountain Hills, AZ · 24k
- New River, AZ · 18k
- Anthem, AZ · 23k
- Scottsdale, AZ · 244k
- Apache Junction, AZ · 41k
Similar size
- Coolidge, AZ · 17k
- Flowing Wells, AZ · 17k
- Vail, AZ · 16k
- Douglas, AZ · 16k
- Tanque Verde, AZ · 16k
Real listings in Payson
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Payson a good place to run a business?
- Arizona's corporate income tax rate is 4.9%; average weekly wages in the surrounding labor market run $1,147/wk; commercial electricity averages 12.2¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in Payson, AZ?
- Payson indexes at 102 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $1,566/mo and a acs median home value of $382,400.
- How much does a house cost in Payson?
- The acs median home value in Payson is $382,400 (Census ACS estimate; individual listings vary).
- How much is rent in Payson?
- A two-bedroom in Payson rents for about $1,566/mo.