Fort Thomas, KY is a vibrant city located in Kenton County. It is known for its affordable rent and cost of living, with an average 2 bedroom rent of $1,100 which is significantly lower than the US average of $1,430. It also offers a low grocery cost index with 101 versus 100 in the US. The city also has plenty to offer in terms of recreational activities, shopping and dining. Popular companies based in Fort Thomas include Fort Thomas Property Management, Pohlman-Varner Insurance Group, Inc., and Fort Thomas Coffee Company. This city is an excellent option for those looking for an affordable lifestyle that provides access to all of the amenities they would need.
Fort Thomas has an unemployment rate of 4.4%. The US average is 6.0%.
Fort Thomas has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 39.2%, which is higher than the US average of 33.5%.
Tax Rates for Fort Thomas
- The Sales Tax Rate for Fort Thomas is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Fort Thomas is 8.1%. 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 $35,010 a year. The US average is $28,555 a year.
- The Median household income of a Fort Thomas resident is $85,938 a year. The US average is $69,021 a year.