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Thatcher, Arizona Demographics & Population 2026

During the 2020–2024 ACS period, Thatcher, Arizona had a total population of 5,439, the 89th largest town in Arizona, with a median household income of $82,917, which is 4% higher than the state average. The poverty rate is 12.1%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Thatcher Quick Facts

Population 5,439
Median Household Income $82,917
Median Home Value $286,300
Poverty Rate 12.1%
Unemployment Rate 4.6%
Median Age 31.0 years
Homeownership Rate 72.2%
Affordability Ratio 3.5x
Bachelor's Degree or Higher 20.7%
High School Graduation Rate 88.1%
Diversity Index 40/100
Population 5,439 89th of 441
Median Income $82,917 top 20%
Poverty Rate 12.1% 3% lower than national
Median Home Value $286,300 above average

How Thatcher Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population5,3545,439+1.6%
Median household income$77,455$82,917+7.1%
Median home value$274,400$286,300+4.3%

How Thatcher Compares

Economy & Housing

Household Income Distribution

Under $25K 13.0%
$25K-$50K 21.0%
$50K-$100K 26.7%
$100K+ 39.4%
Detailed income brackets
Under $10K
6.3%
$10K-$15K
5.1%
$15K-$20K
1.6%
$20K-$25K
0.0%
$25K-$30K
2.7%
$30K-$35K
5.9%
$35K-$40K
1.0%
$40K-$45K
7.5%
$45K-$50K
3.9%
$50K-$60K
6.0%
$60K-$75K
8.1%
$75K-$100K
12.6%
$100K-$125K
11.6%
$125K-$150K
8.1%
$150K-$200K
13.4%
$200K+
6.3%

Employment

4.6% Unemployment Rate State: 5.1%|National: 5.2%
63.0% Labor Force Participation

Housing Overview

Owner 72.2%
Renter 27.8%
Affordability Index Affordable
3.5x home value to income ratio
Median gross rent $939/mo 13.6% of median household income annually

People & Demographics

Diversity Index

40out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 62 | National average: 61

Education

Thatcher Rankings in Arizona

#89 Population of 441
#70 Median Income of 352
#158 Education of 441
#122 Home Value of 340

Other Cities in Graham County

CityPopulationMedian IncomePovertyHome Value
Safford 10,239 $65,647 14.1% $199,800
Pima 2,995 $97,960 5.1% $267,300
Swift Trail Junction 2,859 $63,074 16.2% $204,800
Bylas 1,551 $29,318 46.6% $22,100
Cactus Flats 1,508 $58,021 11.6% $313,700
Central 657 $97,365 2.1% $480,000
San Jose 496 $63,269 5.2% $134,400
Bryce 379 N/A 0.0% N/A
Solomon 321 $76,583 4.7% N/A
Fort Thomas 313 $108,542 4.8% $154,700

Cities Similar to Thatcher

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Village of Oak Creek (Big Park)6,356$80,878$741,10051.5%11.9%
Paulden4,795$91,741$353,70012.9%12.3%
Williamson6,310$89,398$732,30048.8%5.7%
Cave Creek5,091$107,067$906,10052.4%7.2%
Catalina6,489$78,207$276,20031.4%8.3%

Population Overview

Thatcher is a small city located in Arizona, within Graham County. The total population is 5,439. It ranks as the 89th most populous out of 441 Census-designated places in Arizona.

Age Demographics

The median age in Thatcher is 31.0 years. This is 21% lower than the state median of 39.0 years.

Economy, Income & Housing

The median household income in Thatcher is $82,917. This is 4% higher than the state median of $79,964. It is also 3% higher than the national median of $80,734. The poverty rate stands at 12.1%. This is 3% lower than the state poverty rate of 12.5%. The unemployment rate is 4.6%. This is 10% lower than the state rate of 5.1%. The median home value is $286,300. Housing costs are 27% lower than the state median of $394,500. The home-value-to-income ratio is 3.5x. 72.2% of occupied housing units are owner-occupied. This homeownership rate is 7% higher than the state average of 67.4%.

Race & Ethnicity

The largest racial or ethnic group in Thatcher is White (non-Hispanic), making up 74.2% of the population. Hispanic or Latino residents account for 23.2%. The Black or African American population (0.2%) is well below the state average of 4.4%. The Asian population (0.6%) is well below the state average of 3.5%.

Education

20.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 38% lower than the state rate of 33.3%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 88.1%.

Data Sources & Methodology

All demographic data for Thatcher, Arizona is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Arizona state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 441 Census-designated places in Arizona. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

Free data download: Get all Arizona city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Thatcher, Arizona?

Thatcher, Arizona has a population of 5,439 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Thatcher, AZ?

The median household income in Thatcher is $82,917, which is 3% higher than the national median of $80,734.

What is the poverty rate in Thatcher, AZ?

The poverty rate in Thatcher is 12.1%. This means approximately 645 residents live below the federal poverty line.

What is the racial makeup of Thatcher, Arizona?

Thatcher's population is 74.2% White, 0.2% Black, 23.2% Hispanic/Latino, and 0.6% Asian.

What is the median home value in Thatcher, AZ?

The median home value in Thatcher is $286,300. The home-value-to-income ratio is 3.5x.

How educated is Thatcher, Arizona?

20.7% of adults (25+) in Thatcher hold a bachelor's degree or higher, and 9.1% hold a graduate or professional degree.