There are 19 retirement homes near Madison, Connecticut. Retirement home care costs in Connecticut range from about $37 to $169 daily, with a median expenditure running approximately $97. The monthly cost averages about $2,908 and ranges between $1,100 and $5,060. On an annual basis, the average cost is around $34,907, which is over the national average of $23,100.
Retirement home care costs in Madison, CT generally range from about $1,779 per month to $3,919 per month, with an average cost of approximately $2,690 per month. That equates to an annual cost of $32,274.
Located within New Haven County, Madison is a small city in the State of Connecticut. It is part of the New Haven-Milford metro statistical area. It has a total population of 18,269, with 684,444 inhabitants in the surrounding metro area. Residents who are over 55 make up approximately 33% of the population.
Madison has an above average SeniorScore™ of 73. The median home price in the city is $703,500, which is much higher than the Connecticut average of $456,000. Madison has an average unemployment rate of around 6.17%. The city's median household income is $107,000 ($51,000 per capita), in comparison to the average of $79,000 for the state of Connecticut.
Madison has harsh average temperatures, with medium winters and calm summers. The city receives very high levels of rain each year. In relation to similarly-sized cities, Madison has an exceptionally low rate of crime, moderate water quality, and very poor air quality.