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Assisted Living in Tower, Minnesota

There are 10 assisted living facilities serving Tower, Minnesota. This includes 1 facility in Tower and 9 nearby. Assisted living costs in Minnesota range from about $29 to $240 per day, with a mean cost running around $113. The per month expense averages around $3,403 and ranges between $867 and $7,200. On an annual basis, the mean cost is around $40,830, which is below the national average of $42,000.

Assisted living costs in Tower, MN range from around $2,223 per month up to $6,100 per month, with an average cost of about $3,808 per month. That equates to an annual cost of $45,690.




SeniorScore™ for Tower, 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.

62

SeniorScore™ Overview

  • Tower scores significantly lower than the Minnesota average of 70.
  • Tower scores significantly lower than the national average of 72.
42

Health & Safety

  • There is a 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 (Golden Horizons Assisted Living and Memory Care).
  • 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.
60

Recreation & Leisure

  • The city has a very high percentage of seniors in the population (50% of residents).
  • There are 8 golf courses in or around the city, including The Wilderness at Fortune Bay, Virginia Golf Course, and Giants Ridge Golf & Ski Resort (The Legend Course at Giants Ridge Golf & Ski Resort).
  • There are 4 parks near the city center, including Hoodoo Point Campground, Mc Kinley Park, and Lake Vermilion-Soudan Underground Mine State Park.
  • There are 2 churches in or near the city (St Martins Catholic Church and Immanuel Lutheran Church).
  • There are no malls / shopping centers within close range of the city.
  • There are 2 grocery stores 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.
57

Finances

  • 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 $65,353, which is higher than the national average of $64,580.
  • The city's median household income is $52,222, which is higher than the national median of $51,560.
  • The city's per capita income is $32,227, which is significantly higher 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 6.41%, which is low compared to national averages.
  • The overall cost of living is high compared to national averages.
  • 1% of the senior population are financially responsible for at least one grandchild.
62

General Quality of Life

  • Tower receives low levels of rainfall each year.
  • Tower has very harsh mean temperatures, with very cold winters and pleasant summers.
  • This city has above average air quality.
  • Tower has a very sparse population density of 5.6 people per square mile.
  • Residents of Tower have an average daily commute time.
  • The city has a high public transportation ridership.
  • Tower has a very high public school quality ranking.
  • The city has a high public school safety rating.
  • This city has a very high graduation rate of 94.76%.

Tower is a municipality in the State of Minnesota. It is located in St. Louis County and is part of the Duluth metro area. While the surrounding metro area is home to 180,666 residents, there are only 1,866 living in the city. The senior community makes up approximately 50% of the overall population.

Tower has a moderate SeniorScore™ of 62. The average home price in the city is $346,500, which is much more than the state average of $211,500. Tower also has an average unemployment rate of approximately 6.41%. The city's average household income is $52,000 ($32,000 on a per capita basis), vs an average of $53,000 for the whole of Minnesota.

Tower has very harsh mean temperatures, with severely cold winters and calm summers. The area receives low amounts of rainfall annually. Tower has better than average air quality ratings compared to other cities in the US.

More About Tower, Minnesota
Lakeside Manor - Ely, MN

Lakeside Manor

1505 N Pioneer Rd

Ely, MN 55731

1-855-222-1541

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Located at 1505 N Pioneer Rd, Lakeside Manor is a senior care community in Ely, Minnesota. With approximately 7,000 residents in the zip code of 55731, the encompassing area is sparsely populated. It is a primarily middle income ...

22 miles away from Tower, MN

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