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Thatcher

Learn about the people, housing, costs and businesses in Thatcher, Arizona

Median Home$321,720
Median Rent$875/month
Population4,880
Leading IndustriesManufacturing · Agriculture & Mining · Public Administration3% manufacturing
Home Value Growth+5.7% over 2 years
Young Adults30% of residentsabove average nationally
Homeowners72% of occupied units
NotableHigh Incomes$87k/year · top 28% nationally
Thatcher
AZ

Frequently Asked Questions

What are today's mortgage rates in Thatcher?

As of today, the 30-year fixed mortgage rate for Thatcher is approximately 6.982% (7.021% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Thatcher?

The median home value in Thatcher is $322k. The median monthly rent is $875. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Thatcher?

Home values in Thatcher have increased 5.7% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Thatcher?

Based on a typical all-in ownership cost of $1,127/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $48k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Thatcher is $87k/year.

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What industries drive the economy in Thatcher?

The largest employment sectors in Thatcher are public administration (27%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.