US > Illinois > Adams County > Payson, IL

Payson, IL Profile: Facts & Data

Advertisement

Payson Local Links & Resources:
Resources | ALL Payson Content
Planning to visit Payson? See Local Hotels

Also See Payson, IL: ZIP Codes & Maps

Payson, Illinois - Basic Facts

The Village of Payson had a population of 987 as of July 1, 2024.

The primary coordinate point for Payson is located at latitude 39.817 and longitude -91.2424 in Adams County. The formal boundaries for the Village of Payson encompass a land area of 1.13 sq. miles and a water area of 0 sq. miles. Adams County is in the Central time zone (GMT -6).

The Village of Payson has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The Village of Payson is located within Township of Payson, a minor civil division (MCD) of Adams County.


Jump to... (On This Page!)
  1. Payson 2024 Demographic Data
  2. Growth Rates for Payson (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Illinois Research Tools (Easy Tools & Current Data)
  3. Illinois Data Comparison Tool - 2024 Demographics
Advertisement

Payson, IL Data & Demographics (As of July 1, 2024)

POPULATION

Total Population 987 (100%)
Population in Households 987 (100.0%)
Population in Families 840 (85.1%)
Population in Group Quarters1 0
Population Density 844
Diversity Index2 15
 
 

INCOME

Median Household Income $68,645
Average Household Income $86,437
% of Income for Mortgage4 12%
Per Capita Income $32,315
Wealth Index5 60
Socioeconomic Status Index6 Moderate (56.1)
 

HOUSING

Total HU (Housing Units) 406 (100%)
Owner Occupied HU 289 (71.2%)
Renter Occupied HU 80 (19.7%)
Vacant Housing Units 37 ( 9.1%)
Median Home Value $131,389
Average Home Value $147,578
Housing Affordability Index3 187
 

HOUSEHOLDS

Total Households 369
Average Household Size 2.67
Family Households 270
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

 2020-2024 2024-2029
Population -0.88% -0.51%
Households -0.38% 0.00%
Families   -0.07%
Median Household Income   3.59%
Per Capita Income   3.32%
Owner Occupied HU   0.48%

Payson, IL - Peer Comparisons by Rank and Percentile

The table below compares Payson to the other 1,462 incorporated cities, towns and CDPs in Illinois by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 687 53rd
Population Density # 803 45th
Median Household Income # 810 45th
Housing Affordability Index # 1188 81st
Per Capita Income # 1112 24th
Diversity Index # 1043 28th

Additional comparisons and rankings can be made with a VERY EASY TO USE Illinois Census Data Comparison Tool.

Payson, IL - Most Popular Things to Do

Also See: Nearby Hotels | Driving Directions

Use HTL Address Research for a Illinois Address and get...

Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2024, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


Quick & Easy Ways to...

  1. Get Current Demographic Data for Cities, Towns, and ZIP Codes
  2. View Boundary Maps, for Cities, Towns, and ZIP Codes
  3. Locate Physical, Cultural, and Historical Features

Illinois Census Data Comparison Tool

Compare Illinois July 1, 2024 Data
Data:
Locations:
Highest or Lowest:
Results:
View ALL Payson Content


Adams County


Advertisement


Advertisement
Advertisement

Home | About HTL | Advertise Here | References | Legal | Privacy | Contact
Copyright © 2024 HTL, Inc. All Rights Reserved.
Website Design by Blue Tangerine