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Assisted Living in Waterford, Michigan

There are 19 assisted living facilities serving Waterford, Michigan. This includes 8 facilities in Waterford and 11 nearby. The average cost per day of assisted living in Michigan is $107, with costs running between $25 and $262 per day. On a monthly basis, this equates to a median cost of $3,200, with costs ranging from about $750 to $7,850. The average yearly cost is $38,400, which is below the nationwide average of $42,000.

The cost of assisted living in Waterford, MI ranges from about $800 per month to $6,600 per month. The average cost is $3,600 per month, or around $43,200 yearly.




SeniorScore™ for Waterford, Michigan



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.

75

SeniorScore™ Overview

  • Waterford scores higher than the Michigan average of 71.
  • Waterford scores higher than the national average of 72.
73

Health & Safety

  • There is a very high number of Medicare registered physicians within the city limits.
  • There are 6 hospitals within close range of the city, including Doctor's Hospital Of Michigan, St Joseph Mercy Oakland, and Poh Medical Center.
  • There are 181 senior living facilities in close proximity to the city, including Lockwood of Waterford, Montney Adult Foster Care Home, and Canterbury On The Lake.
  • There is a very high number of home healthcare providers operating in the city.
  • There is an average number of fire stations serving the city.
  • The average life expectancy is 78.2, compared to the national average of 78.6.
  • There are 611 pharmacies within close range of the city.
  • The area has a very low property crime rate.
  • The area has a low violent crime rate.
66

Recreation & Leisure

  • The city has a low percentage of seniors in the population (25% of residents).
  • There are 196 golf courses in or around the city, including Pontiac Country Club, Silver Lake Golf Club, and Orchard Lake Country Club.
  • There are 14 parks near the city center, including Dodge #4 State Park, All Saints Cemetery, and Pontiac Lake Recreation Area.
  • There are 177 churches in or near the city, including Ascension Lutheran Church, Central United Methodist Chr, and St Benedict\'s Church.
  • There are 8 malls / shopping centers within close range of the city.
  • There are 174 grocery stores within the city.
  • There are 15 movie theatres in or near the city.
  • There are 160 gyms or health clubs in or near the city.
65

Finances

  • The property taxes average 4.42% of total income, which is significantly higher than the national average of 2.79%.
  • The property taxes average 1.75% 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%.
  • Michigan has an average state income tax of 3.91%, compared to the national average of 3.38%.
  • The city's mean household income is $69,270, which is higher than the national average of $64,580.
  • The city's median household income is $55,702, which is higher than the national median of $51,560.
  • The city's per capita income is $28,914, which is significantly higher than the national average of $25,611.
  • Assisted living costs average $43,200 per year, which are average compared to national figures.
  • Nursing home costs average $105,850 per year, which are high compared to national costs.
  • Adult daycare costs average $17,940 per year, which are average compared to national numbers.
  • Home healthcare costs average $45,760 annually, which are average compared to national costs.
  • The unemployment rate is about 10.72%, which is high compared to national averages.
  • The overall cost of living is high compared to national averages.
  • 0% of the senior population are financially responsible for at least one grandchild.
63

General Quality of Life

  • Waterford receives low levels of rainfall each year.
  • Waterford has harsh mean temperatures, with cold winters and pleasant summers.
  • This city has below average air quality.
  • Waterford has a dense population density of 2,372.4 people per square mile.
  • Residents of Waterford have a long daily commute time.
  • The city has an average public transportation ridership.
  • Waterford has a low public school quality ranking.
  • The city has a low public school safety rating.
  • This city has a high graduation rate of 90.35%.

Waterford is a medium sized city in Oakland County, Michigan. It is part of the Detroit-Warren-Livonia metropolitan area. The surrounding area contains 3,457,808 people, but there are 71,528 residing within the city itself. The 55-and-over community composes about 25% of the total population.

Waterford has an above average SeniorScore™ of 75. The city has an average per capita income of $29,000 and an average household income is $56,000 (the Michigan state average is $46,000). The current unemployment rate is approximately 10.72% and the average home price is $183,000, which is relatively higher than the Michigan average of $177,000.

Waterford has harsh average temperatures, with cold winters and pleasant summers. The area receives low amounts of precipitation annually. In relation to other cities, Waterford has lower than average air quality and a low crime rate.

More About Waterford, Michigan

Top Assisted Living Facilities in Waterford, Michigan



Canterbury On The Lake - Waterford, MI

Canterbury On The Lake

5601 Hatchery Rd

Waterford, MI 48329

1-855-222-1541

1 Review  

Located at 5601 Hatchery Rd, Canterbury On The Lake is a senior care facility serving Waterford, Michigan. The neighboring area is heavily populated, with about 26,000 individuals residing in the 48329 zip code. With an average per-household income ...

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Lockwood of Waterford - Waterford, MI

Lockwood of Waterford

1407 Skipper Dr

Waterford, MI 48327

1-855-233-7205

Located at 1407 Skipper Dr, Lockwood of Waterford is a senior care facility in Waterford, Michigan. The facility is in a predominantly middle income area, with a median per-household income of $55,640. It has a dense population, with ...

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Synod Residential Service - Waterford, MI

Synod Residential Service

6458 Pontiac Lake Rd

Waterford, MI 48327

1-855-222-1541

Located at 6458 Pontiac Lake Rd, Synod Residential Service is a senior housing community serving Waterford, Michigan. The community is in a primarily middle income area, with an average per-household income of $55,640. With around 23,000 individuals residing ...

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Allan Court - Waterford, MI

Allan Court

7919 Allan Ct

Waterford, MI 48327

1-855-241-4685

Allan Court is a senior housing community located at 7919 Allan Ct in Waterford, Michigan. The surrounding area is heavily populated, with around 23,000 people residing in the 48327 zip code. With an average family income of $55,640, ...

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Emmanuel Community Living House - West Bloomfield, MI

Emmanuel Community Living House

1825 Hiller Rd

West Bloomfield, MI 48324

1-855-241-4685

Located at 1825 Hiller Rd, Emmanuel Community Living House is a senior community in West Bloomfield, Michigan. The surrounding area has an average population density, with approximately 18,000 individuals living in the zip code of 48324. With a ...

3 miles away from Waterford, MI

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Magnolia By The Lakes - Keego Harbor, MI

Magnolia By The Lakes

1701 Cass Lake Rd

Keego Harbor, MI 48320

1-855-222-1541

Located at 1701 Cass Lake Rd, Magnolia By The Lakes is a senior care facility in Keego Harbor, Michigan. With a median family income of $59,737, the community is in a predominantly middle class area. It is sparsely ...

4 miles away from Waterford, MI

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Green Valley Place - White Lake, MI

Green Valley Place

8109 High Point Trail

White Lake, MI 48386

1-855-224-5130

Located at 8109 High Point Trail, Green Valley Place is a senior care community serving White Lake, Michigan. The surrounding area has a medium-density population, with about 18,000 individuals living in the zip code of 48386. It is ...

4 miles away from Waterford, MI

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Seminole Hills Adult Foster Care - Pontiac, MI

Seminole Hills Adult Foster Care

172 E Iroquois Rd

Pontiac, MI 48341

1-855-238-4376

Located at 172 E Iroquois Rd, Seminole Hills Adult Foster Care is a residential care facility serving Pontiac, Michigan. The community is in a generally middle income area, with an average family income of $36,961. With around 18,000 ...

4 miles away from Waterford, MI

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Able Manor Adult Foster Care - Clarkston, MI

Able Manor Adult Foster Care

5221 Westview Rd

Clarkston, MI 48346

1-855-233-7205

Able Manor Adult Foster Care is a 6 unit home care facility. It is located at 5221 Westview Rd in Clarkston, Michigan. The neighboring area has a dense population, with approximately 24,000 residents in the zip code of ...

4 miles away from Waterford, MI

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Grovecrest Assisted Living - Pontiac, MI

Grovecrest Assisted Living

121 Prall St

Pontiac, MI 48341

1-855-238-4376

1 Review  

Grovecrest Assisted Living is a 53 unit senior care facility situated in Pontiac, Michigan. With a median per-household income of $36,961, the community is in a predominantly middle income area. It has an average population density, with around ...

4 miles away from Waterford, MI

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Independence Village of White Lake - White Lake, MI

Independence Village of White Lake

935 Union Lake Rd

White Lake, MI 48386

1-855-233-7205

Located at 935 Union Lake Rd, Independence Village of White Lake is a senior care community serving White Lake, Michigan. The community is in a generally middle income area, with an average per-household income of $69,606. With roughly ...

4 miles away from Waterford, MI

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Angels' Place - Saddlewood Home - West Bloomfield, MI

Angels' Place - Saddlewood Home

2809 Saddlewood Rd

West Bloomfield, MI 48324

1-855-238-4376

Located at 2809 Saddlewood Rd, Angels' Place - Saddlewood Home is a senior housing facility serving West Bloomfield, Michigan. With around 18,000 individuals residing in the zip code of 48324, the surrounding area has a medium-density population. It ...

5 miles away from Waterford, MI

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Pine Tree Place - Clarkston, MI

Pine Tree Place

5480 Parview Dr

Clarkston, MI 48346

1-855-240-2530

2 Reviews  

Located at 5480 Parview Dr in Clarkston, Michigan, Pine Tree Place is a 20 room senior community. The surrounding area is heavily populated, with about 24,000 residents in the zip code of 48346. With a median household income ...

5 miles away from Waterford, MI

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Frequently Asked Questions



Question
What is the cost of assisted living in the state of Michigan?

Answer
With a range between around $25 and $262 per day, the mean cost of assisted living in Michigan is about $3,200 per month.

Question
What is the cost of assisted living in Waterford?

Answer
The price of assisted living in Waterford, Michigan averages from about $800 up to $6,600 per month. The median cost is about $3,600 per month, or around $43,200 annually.

Question
What is included with assisted living?

Answer
Many assisted living facilities offer care in both shared and private rooms. They commonly offer numerous services such as medication assistance, transportation services, help with dressing, grooming care, and toileting assistance.

Question
Which assisted living facilities in Waterford take Medicaid?

Answer
These assisted living facilities in Waterford accept Medicaid: Marycrest Manor, Jefferson Riverview Health and Rehab Center, North Riverview Health and Rehab Center , Stonegate Health Campus, and Regency Manor Nursing & Rehabilitation Center.

Question
How many retirees live in Waterford?

Answer
Though the surrounding metropolitan area has 4,313,187 residents, there are 71,528 living within the city itself. The 55-and-over community composes around 25% of the total population.

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