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Assisted Living in Madison, New Jersey

There are 19 assisted living facilities serving Madison, New Jersey. This includes 1 facility in Madison and 18 nearby. The median cost / day of assisted living in New Jersey is about $181, with costs running between $67 and $310 per day. On a monthly basis, this equates to a median cost of $5,430, with costs ranging from about $2,008 up to $9,300. The median annual cost is $65,160, which is greater than the US average of $42,000.

Assisted living costs in Madison range from $3,280 per month up to $10,050 per month, with a median cost of around $6,950 per month. This equates to an annual cost of $83,400.




SeniorScore™ for Madison, New Jersey



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.

79

SeniorScore™ Overview

  • Madison scores higher than the New Jersey average of 76.
  • Madison scores higher than the national average of 72.
86

Health & Safety

  • There is a very high number of Medicare registered physicians within the city limits.
  • There are 17 hospitals within close range of the city, including Atlantic Health System, Morristown Memorial Hospital, and Overlook Hospital.
  • There are 159 senior living facilities in close proximity to the city, including Pine Acres Convalescent Center, Sunrise of Madison, and Juniper Village at Chatham.
  • There is a high number of home healthcare providers operating in the city.
  • There is a very high number of fire stations serving the city.
  • The average life expectancy is 80.3, compared to the national average of 78.6.
  • There are 993 pharmacies within close range of the city.
  • The area has a very low property crime rate.
  • The area has a very low violent crime rate.
70

Recreation & Leisure

  • The city has a very low percentage of seniors in the population (22% of residents).
  • There are 142 golf courses in or around the city, including Madison Golf Club, Pinch Brook Golf Course, and Brooklake Country Club.
  • There are 10 parks near the city center, including Loantaka Brook Reservation, Morristown Green, and Great Swamp National Wildlife Refuge.
  • There are 473 churches in or near the city, including United Methodist Church, Madison Baptist Church, and Grace Episcopal Church.
  • There are 7 malls / shopping centers within close range of the city.
  • There are 553 grocery stores within the city.
  • There are 30 movie theatres in or near the city.
  • There are 321 gyms or health clubs in or near the city.
61

Finances

  • The property taxes average 6.83% of total income, which is significantly higher than the national average of 2.79%.
  • The property taxes average 1.62% of property value, which is significantly lower than the national average of 1.09%.
  • The city sales taxes averages 7.00%, which is higher than the national average of 6.97%.
  • New Jersey has an average state income tax of 2.43%, compared to the national average of 3.38%.
  • The city's mean household income is $153,015, which is significantly lower than the national average of $64,580.
  • The city's median household income is $108,533, which is significantly lower than the national median of $51,560.
  • The city's per capita income is $52,017, which is significantly higher than the national average of $25,611.
  • Assisted living costs average $83,400 per year, which are very high compared to national figures.
  • Nursing home costs average $137,616 per year, which are very high compared to national costs.
  • Adult daycare costs average $21,970 per year, which are very high compared to national numbers.
  • Home healthcare costs average $49,192 annually, which are high compared to national costs.
  • The unemployment rate is about 6.78%, which is average compared to national averages.
  • The overall cost of living is very high compared to national averages.
  • 0% of the senior population are financially responsible for at least one grandchild.
61

General Quality of Life

  • Madison receives very high levels of rainfall each year.
  • Madison has harsh mean temperatures, with cold winters and pleasant summers.
  • This city has above average air quality.
  • This city has average water quality.
  • Madison has a dense population density of 3,713.3 people per square mile.
  • Residents of Madison have a long daily commute time.
  • The city has a very high public transportation ridership.
  • Madison has a very high public school quality ranking.
  • The city has a very high public school safety rating.
  • This city has a high graduation rate of 91.99%.

Madison is a small city in Morris County in New Jersey. It is part of the New York-Northern New Jersey-Long Island metro area. While the city has 17,278 residents, the encompassing area includes a total population of 5,372,907. Those 55 and over comprise approximately 22% of the population.

The SeniorScore™ for Madison is 79. The city's median household income is $109,000 ($52,000 per person), in comparison to the average of $84,000 for the entire state of New Jersey. The median home price in Madison is $958,500, which is significantly higher than the state average of $547,500. The city has a moderate unemployment rate of about 6.78%.

Madison has harsh mean temperatures, with cold winters and mildly warm summers. The city gets very heavy levels of rainfall each year. Compared to other American cities, Madison has moderate water quality, good air quality, and an exceptionally low crime rate.

More About Madison, New Jersey
Juniper Village at Chatham - Chatham, NJ

Juniper Village at Chatham

500 Southern Blvd

Chatham, NJ 07928

1-855-243-3078

1 Review  

Juniper Village at Chatham is a senior housing community located at 500 Southern Blvd in Chatham, New Jersey. With a median per-household income of $134,723, the facility is in a predominantly affluent area. It has an average population ...

1 miles away from Madison, NJ

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The Villa at Florham Park - Florham Park, NJ

The Villa at Florham Park

190 Park Ave

Florham Park, NJ 07932

1-855-229-7494

5 Reviews  

The Villa at Florham Park is an 80 bed senior care facility situated in Florham Park, New Jersey. The community is in a generally affluent area, with an average per-household income of $107,465. With approximately 11,000 individuals residing ...

3 miles away from Madison, NJ

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CareOne at Livingston - Livingston, NJ

CareOne at Livingston

76 Passaic Ave

Livingston, NJ 07039

1-855-224-5130

3 Reviews  

CareOne at Livingston is a senior community located at 76 Passaic Ave in Livingston, New Jersey. The neighboring area has a dense population, with approximately 30,000 individuals residing in the 07039 zip code. It is a predominantly ...

3 miles away from Madison, NJ

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Morris Hills Center - Morristown, NJ

Morris Hills Center

77 Madison Ave

Morristown, NJ 07960

1-855-238-4376

5 Reviews  

Morris Hills Center is located at 77 Madison Ave in Morristown, New Jersey. It is a 287 unit senior housing community. With roughly 45,000 residents in the 07960 zip code, the encompassing area has a dense population. ...

4 miles away from Madison, NJ

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Spring Meadows Summit - Summit, NJ

Spring Meadows Summit

41 Springfield Ave

Summit, NJ 07901

1-855-238-4376

1 Review  

Located at 41 Springfield Ave, Spring Meadows Summit is a senior care facility serving Summit, New Jersey. The facility is in a mostly upper class area, with an average per-household income of $135,965. It is heavily populated, with ...

5 miles away from Madison, NJ

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Troy Hills Center - Parsippany, NJ

Troy Hills Center

200 Reynolds Ave

Parsippany, NJ 07054

1-855-243-3078

5 Reviews  

Troy Hills Center is located at 200 Reynolds Ave in Parsippany, New Jersey. It is a 130 unit senior care community. The community is in a predominantly upper class area, with a median per-family income of $82,660. ...

7 miles away from Madison, NJ

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