Thatcher, Arizona.
Typical home $350,735 (+2.4% in a year). Safford, AZ metro.
to buy the typical home at today's mortgage rate — +$987 (+116%) since Jan 2020.
- 1 year
- Up $8,160 +2%
- $342,575$350,735 since Sep 2025
- 5 years
- Up $62,276 +22%
- $288,459$350,735 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Thatcher$1,841
- Arizona$2,187
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 18 years.
Typical home values in Thatcher, AZ rose 2.4% over the past year — faster than the nation's +1.2%.
Living in Thatcher, Graham County, Arizona
Thatcher is a town of 5,231 people in Graham County. 72% of its homes are lived in by their owners and 28% are rented. Unemployment in Graham County was 5.0% in August 2026, and the county had 3.1% more jobs in 2025 than the year before. The most residents work in schools and health care, then restaurants and hotels.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Thatcher is a small town in Graham County, Arizona, with a young population: the median age is lower than in most of the country. Most homes are lived in by their owners, and typical home values sit well above what the county's household incomes might suggest. Winters are cool and mild, summers get hot, and rain and snow are scarce.
Work. Many residents work in schools, hospitals and social care, followed by restaurants, hotels and entertainment, shops, and government. Eastern Arizona College, the Thatcher Unified District and Safeway are among the largest workplaces in town. Very few people work from home, and a minority of adults hold a four-year degree.
Things to do. Roper Lake State Park is a protected area and lake a short drive away, and nearby Cluff Ranch Ponds offer more water to visit. Point of Pines Sites, an archaeological site, is also a short drive away. For a longer outing, Fort Grant, a museum, is a longer drive away.
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- 1,876households
- 21%of adults have a degree
- 12%below the poverty line
- 2%work from home
What residents work in
Employed residents by industry, from the Census survey. Graham County had 11,084 jobs in 2025, 3.1% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in December, with highs near 61° and lows near 30°; warmest in June, with highs near 100° and lows near 63°. About 9 inches of rain a year, and little or no snow.
Average daily high and low, 1991–2020, at the Safford Ag Ctr weather station, 5 miles away (NOAA).
Largest workplaces in Thatcher
- Eastern Arizona CollegeTwo-year college730
- Thatcher Unified District (4219)School district189FTE
- SafewaySupermarkets and other grocery stores109
- H&S Field ServicesCommercial and industrial machinery repair and maintenance services78
- Horne Freedom FordAutomobile dealers, new only or new and used36
- Winsome EnterprisesBulk liquids trucking, long-distance32
- Tractor Supply Company StoreGeneral merchandise stores21
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 5 workplaces with 20 or more staff, 276 people in all. Colleges come from IPEDS (NCES, 2023–24) and school districts from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- LightningVery high
- Heat wavesRelatively high
- Winter weatherRelatively high
- Wildfirerelatively high in parts of ThatcherRelatively moderate
- DroughtRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Thatcher’s census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Graham County and the Safford, AZ metro.
Thatcher home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Thatcher$350,735
- Arizona$416,733
- United States$366,157
Sellers are cutting prices on about 1 in 5 Thatcher listings — the market is cooling.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Thatcher18.97%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Thatcher34
New listings per month
Sellers arriving at the market.
- Thatcher9
Zip codes with a Thatcher address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Thatcher — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.