There are 20 assisted living facilities serving Cottonwood, Minnesota. This includes 1 facility in Cottonwood and 19 nearby. Assisted living costs in Minnesota range from around $29 up to $240 per day, with a median cost running around $113. The per month expense averages around $3,403 and ranges between $867 and $7,200. Yearly, the mean cost is about $40,830, which is less than the nationwide average of $42,000.
SeniorScore™ for Cottonwood, Minnesota
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.
- Cottonwood scores higher than the Minnesota average of 70.
- Cottonwood scores higher 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 (Avera Marshall Regional Medical Ctr).
- There are 6 senior living facilities in close proximity to the city, including Fieldcrest Assisted Living, Boulder Estates, and Avera Morningside Heights Care Center.
- There is a high number of home healthcare providers operating in the city.
- There is a low number of fire stations serving the city.
- The average life expectancy is 81.1, compared to the national average of 78.6.
- There are 21 pharmacies within close range of the city.
- The city has a low percentage of seniors in the population (26% of residents).
- There are 9 golf courses in or around the city, including Cottonwood Country Club, Marshall Golf Club, and Countryside Golf Club.
- There are 4 parks near the city center, including Mattke Field, Garvin Park, and Natural Resources Department.
- There are 5 churches in or near the city, including Assembly of God, Church of Jesus Christ of Lds, and Albright United Methodist Chr.
- There is 1 mall / shopping center within close range of the city.
- There are 12 grocery stores within the city.
- There is 1 movie theatre in or near the city.
- There are 5 gyms or health clubs in or near the city.
- The property taxes average 2.28% of total income, which is significantly lower than the national average of 2.79%.
- The property taxes average 1.04% of property value, which is significantly lower than the national average of 1.09%.
- The city sales taxes averages 7.38%, which is higher than the national average of 6.97%.
- Minnesota has an average state income tax of 4.79%, compared to the national average of 3.38%.
- The city's mean household income is $68,500, which is higher than the national average of $64,580.
- The city's median household income is $60,000, which is significantly higher than the national median of $51,560.
- The city's per capita income is $26,000, which is higher than the national average of $25,611.
- Assisted living costs average $36,336 per year, which are low compared to national figures.
- Nursing home costs average $90,710 per year, which are average compared to national costs.
- Adult daycare costs average $19,097 per year, which are high compared to national numbers.
- Home healthcare costs average $46,904 annually, which are average compared to national costs.
- The unemployment rate is about 1.74%, which is very low compared to national averages.
- The overall cost of living is average compared to national averages.
- 0% of the senior population are financially responsible for at least one grandchild.
- Cottonwood receives ideal levels of rainfall each year.
- Cottonwood has very harsh mean temperatures, with very cold winters and pleasant summers.
- This city has above average air quality.
- Cottonwood has a very sparse population density of 19.2 people per square mile.
- Residents of Cottonwood have a very short daily commute time.
- Cottonwood has a very high public school quality ranking.
- The city has a high public school safety rating.
- This city has a very high graduation rate of 94.74%.
Cottonwood is a small municipality in Lyon County, Minnesota. Though the city includes just 1,871 residents, the encompassing area includes a total population of 1,077,918. The 55-and-over community currently comprises 26% of the overall population.
Cottonwood has a good SeniorScore™ of 75. The median home price in the city is $237,000, which is somewhat higher than the state average of $211,500. Cottonwood has a low unemployment rate of around 1.74%. The city's median household income is $60,000 ($26,000 per capita), versus the average of $53,000 for the entire state of Minnesota.
Cottonwood has extreme mean temperatures, with very cold winters and mildly warm summers. The city gets ideal amounts of precipitation annually. Cottonwood has better than average air quality when compared to other cities.