There is 1 assisted living facility in Floodwood, Minnesota. The median cost / day of assisted living in Minnesota is around $113, with costs ranging between $29 and $240 daily. On a monthly basis, this equates to an average expense of $3,403, with costs ranging from about $867 to $7,200. The median yearly cost is $40,830, which is below the national average of $42,000.
SeniorScore™ for Floodwood, 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.
- Floodwood scores significantly lower than the Minnesota average of 70.
- Floodwood scores significantly lower than the national average of 72.
- There is a very low number of Medicare registered physicians within the city limits.
- There are no hospitals within close range of the city.
- There is 1 senior living facility in close proximity to the city (Peterson Colonial Homes, Inc.).
- There is a very 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 81.1, compared to the national average of 78.6.
- There are no pharmacies within close range of the city.
- The area has a high property crime rate.
- The area has a very low violent crime rate.
- The city has a high percentage of seniors in the population (33% of residents).
- There are 6 golf courses in or around the city, including Big Lake Golf Club, Cloquet Country Club, and Clarks Grove Golf Course.
- There are no parks near the city center.
- There are 2 churches in or near the city (Hope Lutheran Church and Assemblies of God Church).
- There are no malls / shopping centers within close range of the city.
- There is 1 grocery store within the city.
- There are no movie theatres in or near the city.
- There are no gyms or health clubs in or near the city.
- The property taxes average 1.95% of total income, which is significantly lower than the national average of 2.79%.
- The property taxes average 0.78% 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 $44,088, which is significantly lower than the national average of $64,580.
- The city's median household income is $34,327, which is significantly lower than the national median of $51,560.
- The city's per capita income is $20,256, which is significantly lower than the national average of $25,611.
- Assisted living costs average $45,690 per year, which are high compared to national figures.
- Nursing home costs average $96,042 per year, which are high compared to national costs.
- Adult daycare costs average $18,957 per year, which are high compared to national numbers.
- Home healthcare costs average $53,196 annually, which are very high compared to national costs.
- The unemployment rate is about 7.72%, which is average compared to national averages.
- The overall cost of living is high compared to national averages.
- 0% of the senior population are financially responsible for at least one grandchild.
- Floodwood receives ideal levels of rainfall each year.
- Floodwood has very harsh mean temperatures, with very cold winters and pleasant summers.
- This city has above average air quality.
- Floodwood has a very sparse population density of 5.0 people per square mile.
- Residents of Floodwood have a very long daily commute time.
- The city has a high public transportation ridership.
- Floodwood has a very high public school quality ranking.
- The city has a high public school safety rating.
- This city has an average graduation rate of 86.10%.
Located in St. Louis County, Floodwood is a small city in the State of Minnesota. It is included in the Duluth metropolitan statistical area. The surrounding statistical area includes 180,666 people, but there are only 1,550 living in the city limits. People over the age of 55 constitute around 33% of the community.
Floodwood has a below average SeniorScore™ of 57. The city has a median per capita income of $20,000 and a median household income is $34,000 (the Minnesota state average is $53,000). The current unemployment rate is about 7.72% and the average housing price is $172,500, which is less than the Minnesota average of $211,500.
Floodwood has very harsh mean temperatures, with severely cold winters and calm summers. The city gets optimal amounts of rain annually. Compared to other American cities, Floodwood has better than average air quality and a very low rate of crime.
Your Information is Processing
