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Assisted Living in Princeton, Minnesota

There are 23 assisted living facilities serving Princeton, Minnesota. This includes 7 facilities in Princeton and 16 nearby. The mean cost per day of assisted living in Minnesota is about $113, with costs ranging between $29 and $240 per day. On a per month basis, this equates to an average cost of $3,403, with costs ranging from about $867 up to $7,200. The mean annual cost is $40,830, which is below the national average of $42,000.

Costs of assisted living in Princeton, MN typically range between $2,276 per month and $4,605 per month. The median cost is around $3,568 per month, or around $42,810 per year.




SeniorScore™ for Princeton, 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.

66

SeniorScore™ Overview

  • Princeton scores lower than the Minnesota average of 70.
  • Princeton scores lower than the national average of 72.
62

Health & Safety

  • There is a very high number of Medicare registered physicians within the city limits.
  • There is 1 hospital within close range of the city (Fairview Northland Regional Hospital).
  • There are 10 senior living facilities in close proximity to the city, including Caley House, Elim Care and Rehab, and Sterling Pointe.
  • 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 17 pharmacies within close range of the city.
  • The area has an average property crime rate.
  • The area has a very low violent crime rate.
51

Recreation & Leisure

  • The city has a low percentage of seniors in the population (23% of residents).
  • There are 31 golf courses in or around the city, including Princeton Golf Club, Fairway Shores Golf Course, and Deer Meadows Golf Course.
  • There are 3 parks near the city center, including Riverside Park, Sherburne National Wildlife Refuge, and Springvale County Park.
  • There are 7 churches in or near the city, including Church of Jesus Christ of Lds, Abundant Life Community, and St John Lutheran Church.
  • There is 1 mall / shopping center within close range of the city.
  • There are 6 grocery stores within the city.
  • There are no movie theatres in or near the city.
  • There are 8 gyms or health clubs in or near the city.
61

Finances

  • The property taxes average 3.09% of total income, which is significantly higher than the national average of 2.79%.
  • The property taxes average 0.99% 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 $64,867, which is higher than the national average of $64,580.
  • The city's median household income is $57,346, which is significantly higher than the national median of $51,560.
  • The city's per capita income is $24,515, which is lower than the national average of $25,611.
  • Assisted living costs average $42,810 per year, which are average compared to national figures.
  • Nursing home costs average $94,451 per year, which are average compared to national costs.
  • Adult daycare costs average $15,860 per year, which are low compared to national numbers.
  • Home healthcare costs average $56,628 annually, which are very high compared to national costs.
  • The unemployment rate is about 9.07%, which is high 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.
62

General Quality of Life

  • Princeton receives low levels of rainfall each year.
  • Princeton has very harsh mean temperatures, with very cold winters and pleasant summers.
  • This city has above average air quality.
  • Princeton has a very sparse population density of 89.1 people per square mile.
  • Residents of Princeton have a very long daily commute time.
  • The city has a high public transportation ridership.
  • Princeton has a very high public school quality ranking.
  • The city has a high public school safety rating.
  • This city has a high graduation rate of 90.60%.

Princeton is a small city in Mille Lacs County in the State of Minnesota. The city has a population of 16,442, with 1,077,918 inhabitants in the encompassing metro area. The 55+ community currently represents around 23% of the overall population.

Princeton has a medium SeniorScore™ of 66. The city has a median per capita income of $25,000 and a median household income is $57,000 (the Minnesota state average is $53,000). The current unemployment rate is about 9.07% and the mean home price is $255,000, which is somewhat higher than the state average of $211,500.

Princeton has harsh average temperatures, with bitterly cold winters and mildly warm summers. The area receives low levels of precipitation each year. In relation to other American cities, Princeton has above average air quality and a very low rate of crime.

More About Princeton, Minnesota
Sterling Pointe - Princeton, MN

Sterling Pointe

Princeton, Minnesota 55371

Princeton, MN 55371

1-855-224-5130

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Located at Princeton, Minnesota 55371 , Sterling Pointe is a senior care facility serving Princeton, Minnesota. The facility is in a largely middle income area, with a median per-family income of $57,410. With around 17,000 people residing in ...

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Success Living - Cambridge, MN

Success Living

879 329th Ave NW

Cambridge, MN 55008

1-855-222-1541

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Located at 879 329th Ave NW, Success Living is a senior care community in Cambridge, Minnesota. With about 16,000 poeple living in the 55008 zip code, the surrounding area has an average population density. It is a mostly ...

15 miles away from Princeton, MN

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Divine House - Big Lake, MN

Divine House

5020 Mitchell Rd

Big Lake, MN 55309

1-855-233-7205

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Located at 5020 Mitchell Rd, Divine House is a senior care facility serving Big Lake, Minnesota. With an average per-family income of $73,651, the community is in a generally middle income area. It has an average population density, ...

17 miles away from Princeton, MN

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Haven House - Cambridge, MN

Haven House

653 Main St N

Cambridge, MN 55008

1-855-243-3078

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Haven House is a senior care community located at 653 Main St N in Cambridge, Minnesota. With approximately 16,000 people residing in the zip code of 55008, the neighboring area has an average population density. It is a ...

18 miles away from Princeton, MN

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Success Homes North - Cambridge, MN

Success Homes North

105 Garfield St S Ste 102

Cambridge, MN 55008

1-855-238-4376

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Located at 105 Garfield St S Ste 102, Success Homes North is a senior community serving Cambridge, Minnesota. The neighboring area has a medium-density population, with approximately 16,000 residents in the 55008 zip code. With a median per-family ...

18 miles away from Princeton, MN

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