Payson vs Orem
| Payson | Orem | |
|---|---|---|
| Population | 21,529 | 97,100 |
| Median Household Income | $89,905 | $83,342 |
| Median Home Value | $429,600 | $472,300 |
| Median Gross Rent | $1,549/mo | $1,438/mo |
| Homeownership Rate | 82.1% | 57.8% |
| Unemployment Rate | 5.8% | 3.9% |
| Bachelor's Degree or Higher | 27.9% | 43.6% |
| Median Age | 29.5 | 27.0 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.