Thatcher, UT
Population 1,094 · Utah
About Thatcher, UT
Thatcher is a small community in Utah with a population of 1,094 residents. The median household income is $91,042 per year, which is above the national average. The median age in Thatcher is 36.2 years.
Housing in Thatcher has a median home value of $327,800 and median monthly rent of $0. Of the 358 total housing units, the majority are owner-occupied, with 351 owner-occupied and 7 renter-occupied units.
The unemployment rate in Thatcher is 1.9% and the poverty rate is 8.0%. 25.9% of residents hold a bachelor's degree or higher. The average commute time is 28.2 minutes.
Cost of Living in Thatcher, UT
Compared to national averages, Thatcher has a median household income of $91,042 (21% above the national median of $75,149). Home values average $327,800, which is 34% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Utah, Thatcher's income is 3% above the state average of $88,715, and home values are 23% below the state median of $426,386.
Why Live in Thatcher, UT?
Thatcher offers a strong local economy with a median household income of $91,042, well above the national average, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 1.9%. Additionally, the city features a low poverty rate of 8.0%, better than the national average.
Thatcher has a population of 1,094 with a median age of 36.2 years. Compare Thatcher with other cities to see how it stacks up, or explore all cities in Utah.
Similar Cities Near Thatcher
Cities in Utah with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Spring City | 1,094 | $65,139 | $294,000 | Compare |
| Hideout | 1,111 | $76,912 | $947,400 | Compare |
| Timber Lakes | 966 | $49,435 | $515,400 | Compare |
| Dammeron Valley | 962 | $111,146 | $648,000 | Compare |
| Daniel | 956 | $113,438 | $730,200 | Compare |
| Moroni | 1,238 | $71,500 | $254,300 | Compare |
| Riverside | 1,238 | $71,952 | $380,600 | Compare |
| Lake Shore | 1,242 | $97,357 | $671,400 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Utah
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, UT?
The population of Thatcher, UT is 1,094 according to the latest Census data.
What is the median household income in Thatcher?
The median household income in Thatcher, UT is $91,042 per year.
What is the median home value in Thatcher?
The median home value in Thatcher, UT is $327,800.
What is the average rent in Thatcher?
The median monthly rent in Thatcher, UT is $0.
What is the unemployment rate in Thatcher?
The unemployment rate in Thatcher, UT is 1.9%.