Fort Thomas Average Income, Population and Demographics

Are you tired of spending 10+ hours searching for demographic and population data for Fort Thomas, Kentucky? We have all of the data you need by state, county, city, and zip code that will save you many hours of research!

In this article, we'll explore most of the 190+ data points we have for Fort Thomas, covering popular demographics statistics like household income, race, age and gender, educational attainment, poverty, housing, and transportation.

The data on this page is from the 2021 American Community Survey (ACS) 5-Year survey from the US Census Bureau.

Median Household Income

According to the latest ACS 5-year survey in 2021, the median household income in Fort Thomas is $85,938.00.

The chart below shows the average household income by age in Fort Thomas.

• Under 25
  $45,982.00
• 25 to 44
  $92,948.00
• 45 to 64
  $105,476.00
• 65 and over
  $53,500.00

Average Household Income

A very commonly asked question is "what is the average household income in Fort Thomas, Kentucky?". The official term for the average household income is the mean household income. The mean household income is the total income of all households divided by the number of households.

The average (or mean) household income in Fort Thomas is $118,948.00.

12.20% of households in Fort Thomas, Kentucky are classed as high income households (making $200,000+ per year).

Household Income Tiers for Fort Thomas

We can also look at the household income tiers. This lets you see how many households fall into each of the earnings brackets and what percentage that bracket is of the total number of households.

The chart below shows the household income brackets to see which age groups have the highest median income. The actual data is more granular than these brackets, but we've simplified them into bigger categories to make reviewing the data for Fort Thomas, Kentucky easier to view.

You can purchase the raw data above, which will have the full income tiers with smaller jumps in household income.

• Less than $24,999
  14.09%
• $25,000 to $49,999
  16.84%
• $50,000 to $74,999
  14.77%
• $75,000 to $99,999
  11.45%
• $100,000 to $149,999
  18.25%
• $150,000 to $199,999
  12.40%
• $200,000 or more
  12.20%

Per Capita Income

The per capita income is the average income of all people in Fort Thomas, Kentucky. This is calculated by dividing the total income of all people in Fort Thomas by the total number of people in Fort Thomas.

It differs from the average or mean household income because it includes all people in Fort Thomas and not just the people who earn an income (i.e. children, retirees, unemployed, etc.).

The per capita income in Fort Thomas, Kentucky is $46,062.00.

Population in Fort Thomas by Race and Ethnicity

The total population in Fort Thomas is currently 17,241 people.

The race and ethnicity of the population in Fort Thomas can be very important for social research, economics, and marketing to a multi-culturial society.

Whether you want to target products or services to a particular race or ethnicity, or provide housing and new businesses to improve areas with a larger ethnic minority population, this data is very valuable for discovering suitable areas.

The chart below breaks down the population and percentage for each race and ethnicity in Fort Thomas, Kentucky.

• 92.40% White
  15,937
• 0.70% Black/African American
  127
• 0.00% Native
  0
• 1.60% Hispanic
  276
• 1.70% Asian
  286
• 0.00% Hawaiian/Pacific Islander
  0
• 3.30% Two or more races
  573
• 0.20% Other
  42

Population of Fort Thomas by Age and Gender

Another very important demographics statistic for Fort Thomas, Kentucky is the age and gender of the population. The age and gender of the population can be used to track trends in population growth or decline, and for businesses, the data can be used to identify people important to you and your business need.

In the table below, we show age groups at a 10 year granularity for ease of use. The raw data, which can be purchased above, includes age and gender at a 5 year granularity.

Education Levels

Educational attainment is a very useful statistic that can give insights into other data such as the average household income, unemployment levels, and literacy.

What this means is that it is likely for areas that have higher levels of education to have higher average household incomes, lower unemployment rates, and higher literacy rates.

The chart below shows the educational attainment of the population in Fort Thomas, Kentucky.

• Master's degree or higher
  19.92%
• Bachelor's degree
  51.08%
• Some college or associate's degree
  6.64%
• High school diploma or equivalent
  21.19%
• Less than high school diploma
  1.17%

Unemployment Rates

The unemployment rate is the percentage of the population that is actively looking for work but is unable to find a job. The unemployment rate is a very important statistic for Fort Thomas because it can show how many people are actively looking for work and how many people are unable to find a job.

Lower levels of unemployment is generally seen as a positive sign for the economy. It also makes the government in Fort Thomas look good because it shows that they are doing a good job of creating jobs, working to capacity, being efficient, and keeping the economy strong.

The unemployment rate is calculated using the total population in Fort Thomas, Kentucky that are over the age of 16.

The current population in Fort Thomas that are over the age of 16 is 13,125 people.

The unemployment rate in Fort Thomas is 4.30%, which means 4,268 people are unemployed.

Median Age in Fort Thomas

The median age is an interesting metric because it gives us an idea of the age distribution of people in Fort Thomas, Kentucky. You know when you see a median age that it is the age where half of the population is older and half is younger than it.

For demographic studies, this can be used to infer and compare date to things such as birth rates, the age of parents, and so on.

An increasing median age can be a sign of an aging population, which can be a sign of a declining population. This is because older people tend to have fewer children and die more often than younger people.

The median age in Fort Thomas is 38.9 years old.

We can also look at the median age by gender to compare the see how each group compares to the total median age:

Median age by gender in Fort Thomas

38.9

Total

36.4

Male

40.7

Female

Households and Families

There are a total of 6,508 households in Fort Thomas, and the average household size is 2.59 people.

For families, the total number is 4,388, and the average family size is 3.25 people.

3.00% of those families in Fort Thomas, Kentucky are living below the poverty line.

The table below shows the poverty thresholds for Fort Thomas in 2022.

Households and Families by Marital Status

There are four types of household and family, as defined by the Census Bureau:

• Married-couple
• Male householder, no spouse present
• Female householder, no spouse present
• Nonfamily household

In the table below, you can see the total households and families in Fort Thomas, Kentucky for each type, as well as the average sizes.

Housing Data in Fort Thomas

There are total of 6,734 housing units in Fort Thomas, Kentucky. Of those units, 6,508 (96.64%) are occupied, and 226 (3.36%) are vacant.

Rental Rates

Of the 6,734 housing units in Fort Thomas, 1,657 (24.61%) are occupied by renters. The median rent paid by renters is $939.00.

Owner occupied housing units make up the remaining 71.06% of housing units, with 4,785 housing units in total.

The table below breaks down how much rent is paid by renters in Fort Thomas, Kentucky.

• No rent paid
  66
• Less than $500
  17
• $500 to $999
  1,071
• $1,000 to $1,499
  476
• $1,500 to $1,999
  33
• $2,000 to $2,499
  32
• $2,500 to $2,999
  19
• $3,000 or more
  9

Property Values

The median value of a property in Fort Thomas is $236,900.00.

The table below breaks down the range of valuations for all properties in Fort Thomas.

• Less than $50,000
  120
• $50,000 to $99,999
  184
• $100,000 to $149,999
  637
• $150,000 to $199,999
  940
• $200,000 to $299,999
  1,190
• $300,000 to $499,999
  1,097
• $500,000 to $999,999
  518
• $1,000,000 or more
  99

Property Age

We can also look at the number of properties built in a given year to see the spread of property age in Fort Thomas, Kentucky.

• 1939 or earlier
  2,157
• 1940 to 1949
  553
• 1950 to 1959
  1,313
• 1960 to 1969
  559
• 1970 to 1979
  607
• 1980 to 1989
  493
• 1990 to 1999
  462
• 2000 to 2009
  379
• 2010 to 2013
  211
• 2014 or later
  0

Vehicles Available per Household

Finally, we have data on how many vehicles each household in Fort Thomas has. The table below breaks down the number of vehicles available per household.

• No vehicles available
  296
• 1 vehicle available
  2,000
• 2 vehicles available
  2,858
• 3 or more vehicles available
  1,354

Commuting to Work in Fort Thomas

The time and means of commuting to work are useful metrics to look at because they can be correlated against other data such as income and education level.

Does a longer commuting time indicate a higher average income? If so, has the huge increase in home working during the pandemic changed this?

Using these metrics, we can get a better understanding of the demographics of Fort Thomas, Kentucky, how they commute, and how that correlates to other data points.

The average travel time is 20.4 minutes, and the chart below covers the range of travel times across the population of Fort Thomas.

• Less than 5 minutes
  239
• 5 to 9 minutes
  933
• 10 to 14 minutes
  1,475
• 15 to 19 minutes
  1,517
• 20 to 24 minutes
  1,225
• 25 to 29 minutes
  752
• 30 to 34 minutes
  748
• 35 to 39 minutes
  147
• 40 to 44 minutes
  152
• 45 to 59 minutes
  222
• 60 to 89 minutes
  197
• 90 or more minutes
  116

We can also look at the means of transport in Fort Thomas to see which modes of transport people are using to commute to work.

• Drove alone
  6,631
• Carpooled
  782
• Public transportation
  107
• Walked
  99
• Other means
  104
• Worked from home
  663

Conclusion

Hopefully this article has given you the demographics data you were looking for in Fort Thomas, Kentucky.

If you need more demographics data, or you need the data listed above in spreadsheet form with more granular grouping, head back to the top of this page where you can purchase the complete demographics data for Fort Thomas.

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