There are 20 independent living communities near Caldwell, New Jersey. The median daily cost for independent living in New Jersey is about $100, with costs ranging between $37 and $171 daily. On a monthly basis, this equates to a mean expense of $2,986, with costs ranging from around $1,104 up to $5,115. The median annual cost is $35,838, which is higher than the national average of $23,100.
The cost of independent living in Caldwell, NJ ranges from as little as $1,804 per month up to $5,528 per month. The average cost is $3,823 per month, or around $45,870 yearly.
Located within Essex County, Caldwell is a small city in New Jersey. It is included in the New York-Northern New Jersey-Long Island metro area. The encompassing metro area includes 5,372,907 inhabitants, but there are 24,812 living in the city limits. The 55-and-over community currently comprises about 30% of the overall population.
Caldwell has an exceptional SeniorScore™ of 82. The median housing price in the city is $388,500, which is somewhat less than the state average of $547,500. Caldwell has an average unemployment rate of roughly 5.22%. The city's median household income is $100,000 ($52,000 per person), compared to an average of $84,000 for the state of New Jersey.
Caldwell has harsh average temperatures, with cold winters and mildly warm summers. The city receives very large levels of precipitation each year. Compared to other American cities, Caldwell has a very low crime rate, better than average air quality ratings, and moderate water quality.