Cost of Living in Fort Wright, KY

Population 5,882 · Kentucky · Data vintage 2023

93
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives Fort Wright a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $306,000. An unemployment rate of 2.7% points to a labor market well on the tight side of the national distribution.

Located 7 miles south of Cincinnati, Fort Wright falls within that metro's commuting orbit. Median home values run roughly 42% higher than Cincinnati's $215,000.

Cost Overview

Housing 100
Rent 83

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Fort Wright

The median home value in Fort Wright is $305,500 — equal to the national median of $305,000. Median rent runs $1,094/month, 17% lower than the national median of $1,314/month. The median household income of $100,647/year is 35% higher than the US median of $74,580. The local unemployment rate is 2.7%, below the national average of 4.8%. Kentucky's top state income tax rate is 4.0% and the combined sales tax is 6.0%. The climate averages highs of 64.4°F and lows of 44.9°F, with about 23.3" of annual snowfall. Overall, Fort Wright has a cost of living index of 93 versus the US average of 100, meaning it is 7% less expensive.

🏠 Housing

Median Home Value
$305,500
0% below avg
Zillow Home Value
$287,766
Zillow ZHVI
Median Rent
$1,094/mo
17% below avg
Zillow Rent
$1,444/mo
Zillow ZORI
Price-to-Rent Ratio
23.3x
Favors renting
Property Tax Rate
0.9%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$636
1 BR
$721
2 BR
$872
3 BR
$1,187
4 BR
$1,336
Owner-occupied 68.4%
Renter-occupied 31.6%

💰 Estimated Monthly Budget

Rent median rent
$1,094
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,708/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
21.3 min
21% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
13.2%

Commute Mode

Drove alone
78.9%
Carpooled
7.8%
Work from home
13.2%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) 4.0%
Total Sales Tax 6.0%
State rate 6.0%
Avg local rate 0.0%
Property Tax 0.9%

💼 Income & Employment

Median Household Income
$100,647
35% above avg
Per Capita Income
$45,130
Unemployment Rate
2.7%
43% below avg
Poverty Rate
3.9%
Labor Force Participation
67.6%

🎓 Education

Bachelor's degree+ 25.6%
Graduate degree 19.0%

👥 Demographics

Median Age 37.6
Male median age 34.5
Female median age 45.1

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
64.4°F
Avg Low
44.9°F
Annual Precip
45.3"
Annual Snowfall
23.3"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 404454667583868579675443
Low °F 232634445462666557463528
Precip" 3.303.174.164.534.674.753.833.433.113.353.233.73
Snow" 7.76.73.40.40.00.00.00.00.00.20.84.1

🏫 Schools

NCES CCD 2019 — public school district data

94%
4-Year Graduation Rate
18.6:1
Student-teacher ratio
23
Public schools
14,602
Total enrollment

Frequently Asked Questions

What is the cost of living in Fort Wright, KY?

Fort Wright has a cost index of 93 (100 = national average). It is 7% below the national average.

What is average rent in Fort Wright, KY?

The median gross rent in Fort Wright is $1,094 per month based on 2023 Census data.

What is the average home price in Fort Wright?

The median home value in Fort Wright is $305,500 according to Zillow and Census data.

What is the median income in Fort Wright?

The median household income in Fort Wright is $100,647 per year (2023 ACS 5-year estimates).

What is the sales tax in Fort Wright, KY?

The combined state and local sales tax rate in Fort Wright is 6.0%. The Kentucky state income tax top rate is 4.0%.

Is Fort Wright, KY affordable?

Fort Wright is near the national average in terms of cost of living, with an index of 93 (100 = US average).

What is the weather like in Fort Wright?

Fort Wright has average high temperatures of 64.4°F and average lows of 44.9°F. Annual precipitation is 45.3". Average annual snowfall is 23.3". Data from NOAA 1991–2020 Climate Normals.

Fort Wright at a Glance

Population
5,882
Median Income
$100,647
Home Value
$305,500
Median Rent
$1,094/mo
Unemployment
2.7%
Avg High Temp
64.4°F
Sales Tax
6.0%
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