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Thatcher, Arizona

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
5,439
Population
$82,917
Median Income
$286,300
Home Value
31.0
Median Age

Demographics

Thatcher has a population of 5,439 with a median age of 31.0. Here is the racial and ethnic breakdown of the population:

White
83.3%
Hispanic
23.2%
Asian
0.6%
Demographic Value
Total Population5,439
Median Age31.0
White83.3%
Black or African American0.2%
Asian0.6%
Hispanic or Latino23.2%
Thatcher, Arizona — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 107.White: 77.6%Hispanic/Latino: 21.6%Other: 0.7%5,439PopulationWhiteWhite77.6%Hispanic/LatinoHispanic/Latino21.6%OtherOther0.7%

Income & Economy

The median household income in Thatcher is $82,917, which is 2.9% above the national median of $80,610. The per capita income is $33,646. The poverty rate is 12.1%.

$82,917
Median Household Income
$33,646
Per Capita Income
12.1%
Poverty Rate

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Education

In Thatcher, 88.1% of residents age 25+ have a high school diploma or higher, and 20.7% hold a bachelor's degree or higher (9.1% with a graduate or professional degree).

HS Diploma+
88.1%
Bachelor's+
20.7%
Graduate+
9.1%
Education Level % of Adults (25+)
High School Diploma or Higher88.1%
Bachelor's Degree or Higher20.7%
Graduate or Professional Degree9.1%

Housing

The median home value in Thatcher is $286,300, below the national median of $303,400. The median monthly rent is $939. The homeownership rate is 72.2%.

$286,300
Median Home Value
$939/mo
Median Rent
72.2%
Homeownership Rate
Housing Metric Value
Median Home Value$286,300
Median Monthly Rent$939
Homeownership Rate72.2%
Vacancy Rate2.5%

Salaries in Arizona

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Frequently Asked Questions

What is the population of Thatcher, Arizona?
The population of Thatcher, Arizona is 5,439 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Thatcher, Arizona?
The median household income in Thatcher, Arizona is $82,917. This is 2.9% above the national median of $80,610.
What is the median home value in Thatcher, Arizona?
The median home value in Thatcher, Arizona is $286,300. The median monthly rent is $939.
What percentage of people in Thatcher have a college degree?
In Thatcher, Arizona, 20.7% of adults age 25 and older hold a bachelor's degree or higher, and 88.1% have a high school diploma or higher.
Is Thatcher, Arizona an affordable place to live?
The home price-to-income ratio in Thatcher, Arizona is 3.5x (median home value $286,300 vs. median income $82,917), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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