There are 14 assisted living facilities serving Princeton, Kentucky. This includes 1 facility in Princeton and 13 nearby. The mean daily cost for assisted living in Kentucky is approximately $109, with costs ranging between $39 and $280 daily. On a monthly basis, this equates to a mean cost of $3,264, with costs ranging from around $1,181 to $8,400. The mean annual cost is $39,165, which is below the national average of $42,000.
SeniorScore™ for Princeton, Kentucky
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.
- Princeton scores lower than the Kentucky average of 75.
- Princeton scores lower than the national average of 72.
- There is a low number of Medicare registered physicians within the city limits.
- There are 2 hospitals within close range of the city (Caldwell Medical Center and Caldwell County Hospital).
- There are 6 senior living facilities in close proximity to the city, including Highland Homes, Princeton Health and Rehab Center, and New Haven Assisted Living: Princeton .
- 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 76.0, compared to the national average of 78.6.
- There are 29 pharmacies within close range of the city.
- The area has an average property crime rate.
- The area has an average violent crime rate.
- The city has a high percentage of seniors in the population (32% of residents).
- There are 15 golf courses in or around the city, including Princeton Golf & Country Club, Pennyrile Forest State Park Resort, and Marion Country Club.
- There are 2 parks near the city center (Pennyrile Forest State Resort Park and Pennyrile Forest State Resort Park).
- There are 2 churches in or near the city (Adriel Baptist Church and Apostolic Holiness Church).
- There is 1 mall / shopping center within close range of the city.
- There are 7 grocery stores within the city.
- There is 1 movie theatre in or near the city.
- There are no gyms or health clubs in or near the city.
- The property taxes average 1.01% of total income, which is significantly lower than the national average of 2.79%.
- The property taxes average 0.54% 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%.
- Kentucky has an average state income tax of 5.16%, compared to the national average of 3.38%.
- The city's mean household income is $47,825, which is significantly lower than the national average of $64,580.
- The city's median household income is $35,343, which is significantly lower than the national median of $51,560.
- The city's per capita income is $19,856, which is significantly lower than the national average of $25,611.
- Assisted living costs average $27,693 per year, which are very low compared to national figures.
- Nursing home costs average $79,205 per year, which are low compared to national costs.
- Adult daycare costs average $17,680 per year, which are average compared to national numbers.
- Home healthcare costs average $43,472 annually, which are low compared to national costs.
- The unemployment rate is about 11.20%, 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.
- Princeton receives very high levels of rainfall each year.
- Princeton has mild mean temperatures, with comfortable winters and warm summers.
- This city has above average air quality.
- Princeton has a very sparse population density of 42.8 people per square mile.
- Residents of Princeton have a very short daily commute time.
- Princeton has a very high public school quality ranking.
- The city has a very high public school safety rating.
- This city has a low graduation rate of 82.53%.
Princeton is a small city in the State of Kentucky. It is located in Caldwell County. While the surrounding metro area includes 1,261,664 inhabitants, there are 11,331 residing within the city. The 55+ community constitutes about 32% of the overall population.
Princeton has a good SeniorScore™ of 71. The city has a mean per capita income of $20,000 and a mean household income is $35,000 (the Kentucky state average is $37,000). The current unemployment rate is around 11.2% and the average home price is $129,000, which is higher than the Kentucky average of $124,500.
Princeton has mild average temperatures, with comfortable winters and warm summers. The area receives very large levels of rain annually. In relation to similarly-sized cities, Princeton has above average air quality and an average rate of crime.