There are 20 retirement homes near Medway, Massachusetts. Retirement home living costs in Massachusetts range from around $23 to $140 per day, with a mean expense running about $96. The monthly expense averages roughly $2,885 and ranges between $694 and $4,187. Annually, the average cost is about $34,630, which is greater than the nationwide average of $23,100.
Costs of retirement home living in Medway range between $2,063 per month and $5,222 per month. The average cost is about $3,058 per month, or around $36,696 annually.
Medway is a small city in Massachusetts. It is located within Norfolk County and is part of the Boston-Cambridge-Quincy metro statistical area. Though the encompassing statistical area has 3,325,860 people, there are 12,752 residing within the city itself. 23% of the population are over 55.
Medway has a good SeniorScore™ of 74. The city's average household income is $106,000 ($44,000 per person), in comparison to the average of $73,000 for the whole of Massachusetts. The average housing price in Medway is $547,500, which is relatively higher than the Massachusetts average of $514,500. The city has a moderate unemployment rate of around 6.77%.
Medway has extreme average temperatures, with bitterly cold winters and mildly warm summers. The city gets heavy amounts of rainfall annually. Compared to other cities in the United States, Medway has a very low crime rate, moderate air quality, and excellent water quality.