Picacho, AZ Profile: Facts & Data

The Picacho CDP⁽¹⁾ had a population of 284 as of July 1, 2024. Picacho ranks in the lower quartile for Population Density and the upper quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Arizona. See peer rankings below.

The primary coordinate point for Picacho is located at latitude 32.7162 and longitude -111.4954 in Pinal County. The formal boundaries for the Picacho Census Designated Place encompass a land area of 6.21 sq. miles and a water area of 0 sq. miles. Pinal County is in the Mountain time zone (GMT -7).

The Picacho Census Designated Place has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

Arizona is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The Picacho Census Designated Place is located within Florence Division of Pinal County.

A Census Designated Place (CDP) is a statistical counterpart to a self-governing (incorporated) place such as a city, town, or village. A CDP is not a legal entity and has no governmental functions.

Picacho, AZ Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	284 (100%)
Population in Households	275 (96.8%)
Population in Families	239 (84.2%)
Population in Group Quarters¹	9 ( 3.2%)
Population Density	47
Diversity Index²	74


INCOME
Median Household Income	$68,518
Average Household Income	$89,951
% of Income for Mortgage⁴	31%
Per Capita Income	$32,363
Wealth Index⁵	78
Socioeconomic Status Index⁶	Moderate (46.4)

HOUSING
Total HU (Housing Units)	127 (100%)
Owner Occupied HU	88 (69.3%)
Renter Occupied HU	14 (11.0%)
Vacant Housing Units	25 (19.7%)
Median Home Value	$340,000
Average Home Value	$345,455
Housing Affordability Index³	82

HOUSEHOLDS
Total Households	102
Average Household Size	2.70
Family Households	77
Average Family Size	3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Picacho, AZ - Peer Comparisons by Rank and Percentile

The table below compares Picacho to the other 467 incorporated cities, towns and CDPs in Arizona by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	3.05%	9.40%
Households	4.10%	9.15%
Families		7.39%
Median Household Income		6.14%
Per Capita Income		5.02%
Owner Occupied HU		10.04%

Variable Description	Rank	Percentile
Total Population	# 327	30th
Population Density	# 364	22nd
Median Household Income	# 137	71st
Housing Affordability Index	# 229	49th
Per Capita Income	# 193	59th
Diversity Index	# 94	80th

Picacho, AZ Profile: Facts & Data

Picacho, Arizona - Basic Facts

Picacho, AZ Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Picacho, AZ - Peer Comparisons by Rank and Percentile

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