There are 20 retirement homes near Edgewater, Maryland. The average cost per day of retirment home living in Maryland is about $62, with costs running between $17 and $161 per day. On a per month basis, this equates to a mean expense of $1,870, with costs ranging from about $495 to $4,840. The average yearly cost is $22,440, which is under the nationwide average of $23,100.
Retirement home living costs in Edgewater generally range from about $963 per month up to $4,423 per month, with a median cost of approximately $2,090 per month. That equates to a yearly cost of $25,080.
Edgewater is a small city in Anne Arundel County within Maryland. It is included in the Baltimore-Towson metropolitan statistical area. The encompassing metropolitan area includes 2,138,507 inhabitants, but there are 20,618 living within the city itself. Those 55 and over make up around 27% of the community.
Edgewater has an outstanding SeniorScore™ of 80. The city has a median per capita income of $46,000 and a median household income is $92,000 (the Maryland state average is $75,000). The mean home price in Edgewater is $570,000, which is somewhat higher than the state average of $450,000. Edgewater has a moderate unemployment rate of about 7.65%.
Edgewater has mild mean temperatures, with comfortable winters and temperate summers. The area gets average amounts of rainfall annually. Edgewater has lower than average air quality and lower than average water quality ratings in comparison to other cities in the United States.