There are 19 independent living communities serving Basking Ridge, New Jersey. This includes 4 communities in Basking Ridge and 15 nearby. Independent living costs in New Jersey range from around $37 to $171 per day, with an average expense running approximately $100. The monthly cost averages around $2,986 and ranges between $1,104 and $5,115. Annually, the median cost is about $35,838, which is higher than the US average of $23,100.
Costs of independent living in Basking Ridge typically range between $1,804 per month and $5,528 per month. The median cost is approximately $3,823 per month, or around $45,870 yearly.
Basking Ridge is a small city in Somerset County, New Jersey. It is included in the New York-Northern New Jersey-Long Island metro statistical area. While the surrounding statistical area includes 5,372,907 inhabitants, there are 26,747 living within the city. The senior community represents approximately 26% of the total population.
Basking Ridge has a good SeniorScore™ of 70. The city has an average per capita income of $69,000. The median household income is $126,000 versus the average of $84,000 for the entire state of New Jersey. The current unemployment rate is around 4.18% and the median home price is $934,500, which is much more than the New Jersey average of $547,500.
Basking Ridge has extreme mean temperatures, with cold winters and pleasant summers. The city gets very heavy levels of rainfall each year. Basking Ridge has moderate water quality ratings and better than average air quality ratings in relation to other cities.