Payson, Arizona is a small town situated in Gila County. This rural community offers plenty of outdoor activities for those looking to escape the hustle and bustle of city life. The cost of living in Payson is quite reasonable, with the average 2 bedroom rent being $1,120. This is more affordable than the U.S average of $1,430 which may be attractive to those who are budget-conscious. Groceries are also relatively inexpensive in Payson with a grocery cost index of 97 compared to 100 in the US. There are several local businesses in Payson including Wal-Mart Supercenter, Safeway, McDonald's and many more that offer services that locals would need on a regular basis.
Payson (zip 85541) has an unemployment rate of 6.7%. The US average is 6.0%.
Payson (zip 85541) has seen the job market decrease by -4.0% 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 (zip 85541)
- The Sales Tax Rate for Payson (zip 85541) is 9.6%. The US average is 7.3%.
- The Income Tax Rate for Payson (zip 85541) 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 (zip 85541)
- The average income of a Payson (zip 85541) resident is $34,791 a year. The US average is $37,638 a year.
- The Median household income of a Payson (zip 85541) resident is $55,036 a year. The US average is $69,021 a year.