There are 20 retirement homes serving Lake Worth, Florida. This includes 3 in Lake Worth and 17 nearby. The daily costs for retirment home living in Florida range from $16 up to $145, with an average expense running about $55. The per month cost averages about $1,650 and ranges between $467 and $4,356. Yearly, the average cost is about $19,800, which is below the nationwide average of $23,100.
The cost for retirement home living in Lake Worth, FL generally ranges from $550 per month up to $3,163 per month. The median cost is around $1,513 per month, or about $18,150 annually.
Located within Palm Beach County, Lake Worth is a mid-size city in the State of Florida. It is included in the Miami-Fort Lauderdale-Pompano Beach metropolitan statistical area. The city has a total population of 215,808, with 4,379,209 residents in the surrounding area. People who are 55 and over comprise 27% of the total population.
Lake Worth has an above average SeniorScore™ of 73. The city's median household income is $52,000 ($25,000 per capita), vs the average of $40,000 for the state of Florida. The median home price in Lake Worth is $210,000, which is higher than the state average of $208,500. The city also has a high unemployment rate of roughly 12.75%.
Lake Worth has ideal average temperatures, with very mild winters and very balmy summers. The area receives very large levels of rainfall annually. In relation to other cities in the United States, Lake Worth has a very high rate of crime, moderate water quality, and moderate air quality ratings.