Retirement Homes in Maryland

Maryland has 1,703 senior living providers, which include 89 retirement homes. Costs of retirement homes in Maryland typically range between $495 and $4,840 per month, with the median cost running around $22,440 annually. The nationwide average cost for the entire country is about $1,925 per month.

The Salisbury metro area has the highest retirement home expenses in the state of Maryland, with yearly costs of about $33,677 and ranging from $1,568 per month up to $4,496 per month. The lowest retirement home prices in the state are in and around the Cumberland area, where they range from $1,627 to $2,998 per month. Here, the median annual expense runs about $23,760.

The SeniorScore™ for Maryland is 75. With a total population of about 5,773,561, the state ranks as the 19th largest state in the US. Among this population, approximately 28% are over the age of 55. The average life expectancy is around 78.8.

The mean income per household in Maryland is $94,300, with a median income of approximately $77,110, and per capita income of about $35,800 on an annual basis. The overall cost of living in the state is very high. It presently has an unemployment rate of about 7.29%.

Average temperatures in Maryland generally range from 43.7 to 64.6 degrees Fahrenheit. Overall, it has a mild climate, with a mean annual temperature of around 54.7 degrees.

Please visit https://www.senioradvice.com/seniorscore/senior-living-in-maryland to read more about the SeniorScore™ for Maryland.

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