There are 19 retirement homes serving Lutherville Timonium, Maryland. This includes 2 in Lutherville Timonium and 17 nearby. The daily costs for retirment home living in Maryland range from $17 to $161, with an average expenditure running about $62. The monthly cost averages about $1,870 and ranges between $495 and $4,840. On a yearly basis, the mean cost is around $22,440, which is less than the national average of $23,100.
Retirement home living costs in Lutherville Timonium generally range from around $963 per month to $4,423 per month, with an average cost of about $2,090 per month. This equates to an annual cost of about $25,080.
Lutherville Timonium is a small city in Baltimore County within the State of Maryland. It is included in the Baltimore-Towson metropolitan area. While the encompassing area contains 2,138,507 people, there are 36,465 within the city. Those who are over 55 constitute approximately 38% of the population.
The SeniorScore™ for Lutherville Timonium is 86. The average home price in the city is $264,000, which is significantly lower than the state average of $450,000. Lutherville Timonium has a low unemployment rate of about 4.34%. The city's average household income is $82,000 ($51,000 on a per capita basis), compared to an average of $75,000 for the state of Maryland.
Lutherville Timonium has mild mean temperatures, with comfortable winters and calm summers. The area gets very high amounts of precipitation annually. Lutherville Timonium has below average air quality ratings and below average water quality compared to other cities.