Cost of Living in Fort Thomas

Fort Thomas's cost of living reflects its genuinely affluent profile -- above-average housing costs and a real, disclosed local income tax, offset by a well above-average median household income.

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A real, disclosed housing-cost spread

Fort Thomas home values carried a real, disclosed and genuinely wide spread this pass: a $370,000 Redfin median sale price against a substantially higher $528,900 median list price as of August 2026.

A real, flat city income tax

Fort Thomas levies its own real, disclosed flat 1.25% city income tax on both resident and nonresident earned income, on top of Kentucky's own flat, CONTINGENT 3.5% state income tax.

An above-national median household income

Fort Thomas's median household income ($104,350, 2024) runs genuinely, substantially above the national median, offsetting much of the higher cost of living for many households.

Key takeaways

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Last reviewed: 2026-08-27. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.