There are 15 independent living communities serving Coldwater, Michigan. This includes 2 communities in Coldwater and 13 nearby. The median cost per day of independent living in Michigan is about $59, with costs ranging between $14 and $144 daily. On a monthly basis, this equates to a median expenditure of $1,760, with costs ranging from about $412 up to $4,317. The median annual cost is $21,120, which is under the national average of $23,100.
Coldwater is a small city in Branch County, Michigan. It has a total population of 24,868, with 1,454,781 people in the surrounding metro area. Residents who are over the age of 55 represent around 29% of the total community.
Coldwater has a moderate SeniorScore™ of 66. The city has a mean per capita income of $20,000. The average household income is $43,000 versus an average of $46,000 for the state of Michigan. The current unemployment rate is approximately 10.86% and the average home price is $159,000, which is somewhat lower than the state average of $177,000.
Coldwater has harsh mean temperatures, with cold winters and calm summers. The area receives low amounts of rain each year. Coldwater has an average crime rate and subpar air quality in comparison to other cities.