There are 7 assisted living facilities near Stanford, Kentucky. The median cost / day for assisted living in Kentucky is around $109, with costs ranging between $39 and $280 per day. On a monthly basis, this equates to a mean cost of $3,264, with costs ranging from around $1,181 up to $8,400. The median annual cost is $39,165, which is under the national average of $42,000.
SeniorScore™ for Stanford, 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.
- Stanford scores higher than the Kentucky average of 75.
- Stanford scores higher than the national average of 72.
- There is a high number of Medicare registered physicians within the city limits.
- There are 3 hospitals within close range of the city, including Ephraim Mcdowell Fort Logan Hospital, Fort Logan Hospital, and Ephraim Mcdowell Regional Medical Center.
- There are 6 senior living facilities in close proximity to the city, including Golden Livingcenter-Stanford, Christian Care Center of Lancaster, and Charleston Health Care Center.
- There is an average number of home healthcare providers operating in the city.
- There is a high number of fire stations serving the city.
- The average life expectancy is 76.0, compared to the national average of 78.6.
- There are 81 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.
- The city has an average percentage of seniors in the population (27% of residents).
- There are 19 golf courses in or around the city, including Dix River Country Club, Danville Country Club, and Old Bridge Golf Club.
- There are 5 parks near the city center, including Pioneer Playhouse, Constitution Square Historic Site, and Constitution Square State Park.
- There are 14 churches in or near the city, including Adamson Johnny, Stanford Church of Christ, and Barrow Re.
- There are 3 malls / shopping centers within close range of the city.
- There are 28 grocery stores within the city.
- There are 3 movie theatres in or near the city.
- There are 2 gyms or health clubs in or near the city.
- The property taxes average 1.44% of total income, which is significantly lower than the national average of 2.79%.
- The property taxes average 0.61% 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 $40,879, which is significantly lower than the national average of $64,580.
- The city's median household income is $32,456, which is significantly lower than the national median of $51,560.
- The city's per capita income is $16,985, 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 8.13%, which is average compared to national averages.
- The overall cost of living is low compared to national averages.
- 0% of the senior population are financially responsible for at least one grandchild.
- Stanford receives very high levels of rainfall each year.
- Stanford has average mean temperatures, with comfortable winters and pleasant summers.
- This city has above average air quality.
- Stanford has a very sparse population density of 88.7 people per square mile.
- Residents of Stanford have an average daily commute time.
- Stanford has a very high public school quality ranking.
- The city has a very high public school safety rating.
- This city has a very low graduation rate of 76.78%.
Located within Lincoln County, Stanford is a small city in the State of Kentucky. The encompassing statistical area contains 1,261,664 residents, but there are 11,612 residing in the city limits. About 27% of the residents are 55 and over.
Stanford has a good SeniorScore™ of 76. The city has an average per capita income of $17,000 and an average household income is $32,000 (the Kentucky state average is $37,000). The current unemployment rate is roughly 8.13% and the median home price is $142,500, which is relatively higher than the state average of $124,500.
Stanford has medium average temperatures, with comfortable winters and pleasant summers. The area receives very high amounts of precipitation annually. Stanford has a very low crime rate and good air quality ratings compared to other American cities.