There are 24 assisted living facilities serving Coldwater, Michigan. This includes 7 facilities in Coldwater and 17 nearby. The mean daily cost for assisted living in Michigan is about $107, with costs running between $25 and $262 daily. On a per month basis, this equates to a median cost of $3,200, with costs ranging from around $750 up to $7,850. The mean annual cost is $38,400, which is under the US average of $42,000.
SeniorScore™ for Coldwater, Michigan
The SeniorScore™ is calculated based on over 100 variables, some of which are shown below. The final score is curved based on a linear curving method. For More info visit senioradvice.com/seniorscore.
- Coldwater scores lower than the Michigan average of 71.
- Coldwater scores lower than the national average of 72.
- There is an average number of Medicare registered physicians within the city limits.
- There is 1 hospital within close range of the city (Community Health Center Of Branch County).
- There are 6 senior living facilities in close proximity to the city, including Maple Lawn Medical Care Facility, Jan's Adult Foster Care, and Masonville Place .
- There is a low number of home healthcare providers operating in the city.
- There is a very low number of fire stations serving the city.
- The average life expectancy is 78.2, compared to the national average of 78.6.
- There are 34 pharmacies within close range of the city.
- The area has a low property crime rate.
- The area has an average violent crime rate.
- The city has an average percentage of seniors in the population (29% of residents).
- There are 39 golf courses in or around the city, including Blackberry Patch Golf Club, Coldwater Country Club, and Iyopawa Island Golf Course.
- There are 3 parks near the city center, including Coldwater Lake State Park, Potawatomi Recreation Area, and Historic Marble Springs.
- There are 2 churches in or near the city (First Church of Christ and American Moslem Society).
- There is 1 mall / shopping center within close range of the city.
- There are 13 grocery stores within the city.
- There are 2 movie theatres in or near the city.
- There are 8 gyms or health clubs in or near the city.
- The property taxes average 2.86% of total income, which is higher than the national average of 2.79%.
- The property taxes average 1.22% of property value, which is significantly lower than the national average of 1.09%.
- The city sales taxes averages 6.00%, which is significantly lower than the national average of 6.97%.
- Michigan has an average state income tax of 3.91%, compared to the national average of 3.38%.
- The city's mean household income is $54,922, which is significantly lower than the national average of $64,580.
- The city's median household income is $42,750, which is significantly lower than the national median of $51,560.
- The city's per capita income is $20,437, which is significantly lower than the national average of $25,611.
- Assisted living costs average $27,000 per year, which are very low compared to national figures.
- Nursing home costs average $96,725 per year, which are high compared to national costs.
- Adult daycare costs average $18,200 per year, which are average compared to national numbers.
- Home healthcare costs average $44,616 annually, which are average compared to national costs.
- The unemployment rate is about 10.86%, which is high compared to national averages.
- The overall cost of living is very low compared to national averages.
- 1% of the senior population are financially responsible for at least one grandchild.
- Coldwater receives low levels of rainfall each year.
- Coldwater has harsh mean temperatures, with cold winters and pleasant summers.
- This city has below average air quality.
- Coldwater has a sparse population density of 158.0 people per square mile.
- Residents of Coldwater have a short daily commute time.
- Coldwater has a low public school quality ranking.
- The city has a low public school safety rating.
- This city has an average graduation rate of 87.91%.
Coldwater is a small city in Branch County in Michigan. The surrounding area contains 1,454,781 people, but there are 24,868 residing in the city itself. Approximately 29% of the local populace are 55 and over.
Coldwater has a moderate SeniorScore™ of 66. The median home price in the city is $159,000, which is lower than the state average of $177,000. Coldwater has a high unemployment rate of roughly 10.86%. The city's median household income is $43,000 ($20,000 per capita), in comparison to the average of $46,000 for the entire state of Michigan.
Coldwater has extreme average temperatures, with cold winters and mildly warm summers. The city gets low levels of rainfall each year. Coldwater has low air quality ratings and a moderate crime rate in relation to similarly-sized cities.