Thatcher, AZ
Population 5,354 · Arizona
About Thatcher, AZ
Thatcher is a small community in Arizona with a population of 5,354 residents. The median household income is $77,455 per year, which is above the national average. The median age in Thatcher is 29.6 years.
Housing in Thatcher has a median home value of $274,400 and median monthly rent of $967. Of the 1,862 total housing units, the majority are owner-occupied, with 1,287 owner-occupied and 527 renter-occupied units.
The unemployment rate in Thatcher is 5.3% and the poverty rate is 12.3%. 21.1% of residents hold a bachelor's degree or higher. The average commute time is 22.5 minutes.
Cost of Living in Thatcher, AZ
Compared to national averages, Thatcher has a median household income of $77,455 (3% above the national median of $75,149). Home values average $274,400, which is 12% above the national median. Monthly rent at $967 is 17% below the US average of $1,163. Within Arizona, Thatcher's income is 25% above the state average of $62,086, and home values are 16% above the state median of $237,048.
Why Live in Thatcher, AZ?
Thatcher offers a strong local economy with a median household income of $77,455, well above the national average, and rent that’s lower than the national average at $967/month, and a low poverty rate of 12.3%, better than the national average. Additionally, the city features short commute times averaging just 22.5 minutes.
Thatcher has a population of 5,354 with a median age of 29.6 years. Compare Thatcher with other cities to see how it stacks up, or explore all cities in Arizona.
Similar Cities Near Thatcher
Cities in Arizona with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Benson | 5,331 | $48,854 | $145,700 | Compare |
| Guadalupe | 5,293 | $58,507 | $233,500 | Compare |
| Citrus Park | 5,136 | $136,653 | $659,700 | Compare |
| Kayenta | 5,651 | $60,925 | $37,900 | Compare |
| Cave Creek | 5,033 | $102,589 | $791,900 | Compare |
| Three Points | 5,033 | $53,083 | $147,900 | Compare |
| Bisbee | 4,963 | $46,689 | $209,600 | Compare |
| Paulden | 4,874 | $88,945 | $344,200 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Arizona
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Thatcher
What is the population of Thatcher, AZ?
The population of Thatcher, AZ is 5,354 according to the latest Census data.
What is the median household income in Thatcher?
The median household income in Thatcher, AZ is $77,455 per year.
What is the median home value in Thatcher?
The median home value in Thatcher, AZ is $274,400.
What is the average rent in Thatcher?
The median monthly rent in Thatcher, AZ is $967.
What is the unemployment rate in Thatcher?
The unemployment rate in Thatcher, AZ is 5.3%.