Living in Thatcher, Arizona

Cost of living, income, home prices, rent and demographics of Thatcher · Census data 2020–2024

Thatcher has 5,439 residents with a median age of 31. The median household income is $82,917 (4% higher than the Arizona median), the median home value is $286,300, the median rent is $939/month.

Thatcher at a glance

Population
5,439
Median age
31State: 39
Median household income
$82,917State: $79,964
Median home value
$286,300State: $394,500
Median rent
$939/moState: $1,543
Homeowners
72.2%
Bachelor's degree or higher
20.7%
Average commute
22 min

Is Thatcher a good place to live?

Pros: Median household income 4% higher than the Arizona median; home values 27% lower than the state median; an average commute of 22 minutes; unemployment of 4.6%; a poverty rate of 12.1%.

The weather is best in March–April and October–November.

Cost of living in Thatcher

Housing is the biggest part of the cost of living. In Thatcher the median home value is $286,300, 14% lower than the U.S. median. Renters pay a median of $939 per month, which is 27.8% of household income. Homeowners with a mortgage pay $1,524 a month in housing costs.

Median home value

Thatcher$286,300
Arizona$394,500
United States$332,700

Median monthly rent

Thatcher$939
Arizona$1,543
United States$1,413

Thatcher median household income

The median household income in Thatcher is $82,917 and the income per person is $33,646. 12.1% of residents live below the poverty line (Arizona: 12.5%).

Median household income

Thatcher$82,917
Arizona$79,964
United States$80,734

Housing in Thatcher: homes for sale and rent

Housing units
1,925
Owner-occupied
72.2%
Renter-occupied
27.8%
Vacant
2.5%Includes seasonal homes
Median year built
1990
Average household size
2.83

Thatcher demographics

Population
5,439
Median age
31
Under 18
22.7%
65 and older
15%
Households
1,876
Foreign-born
3%
Veterans
5.3%Adults 18+

Race and ethnicity

White83.3%
Hispanic or Latino23.2%
Black0.2%
Asian0.6%

Hispanic or Latino can be of any race. Population history of Thatcher ›

Education in Thatcher

20.7% of adults 25 and older in Thatcher have a bachelor's degree or higher (Arizona: 33.3%), and 9.1% have a graduate or professional degree.

Bachelor's degree or higher

Thatcher20.7%
Arizona33.3%
United States35.7%

Jobs and commute in Thatcher

Unemployment rate
4.6%State: 5.1%
Average commute
22 minState: 25 min
Work from home
2.4%
Drive alone
72.8%
Public transit
0%
Walk to work
5.6%
Homes with broadband
89.8%

Thatcher vs nearby towns

TownPopulationMedian incomeHome valueRent
Thatcher5,439$82,917$286,300$939
Central657$97,365$480,000—
Safford10,239$65,647$199,800$1,048
Cactus Flats1,508$58,021$313,700$239
Swift Trail Junction2,859$63,074$204,800$905
Pima2,995$97,960$267,300$1,162
Solomon321$76,583—$697
San Jose496$63,269$134,400—
Fort Thomas313$108,542$154,700—

More for people moving to Thatcher

Thatcher ZIP code ›Weather and climate ›

Living in Thatcher: FAQ

What is the median household income in Thatcher, AZ?

The median household income in Thatcher is $82,917, 4% higher than the Arizona median of $79,964 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Thatcher?

The median home value in Thatcher is $286,300, compared with $394,500 in Arizona.

How much is rent in Thatcher?

The median gross rent in Thatcher is $939 per month, about 27.8% of household income.

Is Thatcher, AZ a good place to live?

Pluses: median household income 4% higher than the Arizona median; home values 27% lower than the state median; an average commute of 22 minutes; unemployment of 4.6%; a poverty rate of 12.1%.

What is the median age in Thatcher?

The median age in Thatcher is 31 years (Arizona: 39).

How long is the commute in Thatcher?

The average commute to work in Thatcher is 22 minutes; 2.4% of workers work from home.

What is the unemployment rate in Thatcher?

The unemployment rate in Thatcher is 4.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Thatcher?

20.7% of adults in Thatcher have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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