Land was donated by a rancher called Domiciano Rodrigues Peixoto and a cross was erected in 1935.
Itapaci is located on the São Patrício Pequeno River in the Ceres Microregion.
Highway connections are made by GO-080 / Nerópolis / São Francisco de Goiás / BR-153 / Jaraguá / Rialma / GO-336.
Neighboring municipalities are: Crixás, Guarinos, Hidrolina, Ipiranga de Goiás, Nova América, Nova Glória, Pilar de Goiás, Rubiataba and São Luíz do Norte.
Data obtained by the 2010 Census conducted by the IBGE (Brazilian Institute of Geography and Statistics) [2] The economy is based on livestock raising, agriculture, and services.