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Fort Thomas

Learn about the people, housing, costs and businesses in Fort Thomas, Kentucky

Median Home$302,998
Median Rent$1,103/month
Population16,956
Leading IndustriesArts, Food & Hospitality · Healthcare · Public Administration11% arts, food & hospitality
Home Value Growth⬆⬆+15.1% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners71% of occupied units
NotableHighly Educated30% bachelor's · 14% graduate · top 9% nationally
NotableAmenity Score72/100 · highly walkable area
Fort Thomas
KY

Frequently Asked Questions

What are today's mortgage rates in Fort Thomas?

As of today, the 30-year fixed mortgage rate for Fort Thomas is approximately 6.918% (6.955% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Fort Thomas?

The median home value in Fort Thomas is $303k. The median monthly rent is $1,103. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Fort Thomas?

Home values in Fort Thomas have increased 15.1% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Fort Thomas?

Based on a typical all-in ownership cost of $1,337/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $57k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Fort Thomas is $97k/year.

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What industries drive the economy in Fort Thomas?

The largest employment sectors in Fort Thomas are public administration (27%) and healthcare (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.