Fort Thomas, AZ is a small town located in southeastern Arizona with a population of only about 3,000 people. The cost of living is quite affordable, as 2 bedroom rent averages at $1,020 compared to the US 2 Bedroom Rent which averages at $1,430. Additionally, the Grocery Cost Index in Fort Thomas is 96 versus the US average of 100. Despite its small size, Fort Thomas has many local attractions and businesses that make it unique. Popular local attractions include Spring Canyon State Park for outdoor activities and Rattlesnake Ridge for breathtaking views of the surrounding landscape. Popular local businesses include Trails West Trading Company for locally sourced clothing and gift items, and Copper Country Restaurant for delicious Mexican cuisine.
Fort Thomas has an unemployment rate of 5.4%. The US average is 6.0%.
Fort Thomas has seen the job market increase by 3.4% over the last year. Future job growth over the next ten years is predicted to be 33.1%, which is lower than the US average of 33.5%.
Tax Rates for Fort Thomas
- The Sales Tax Rate for Fort Thomas is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Fort Thomas is 4.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Fort Thomas
- The average income of a Fort Thomas resident is $11,008 a year. The US average is $28,555 a year.
- The Median household income of a Fort Thomas resident is $68,750 a year. The US average is $69,021 a year.