There are 20 retirement homes serving Morristown, New Jersey. This includes 2 in Morristown and 18 nearby. The average daily cost for retirment home living in New Jersey is approximately $100, with costs ranging between $37 and $171 per day. On a monthly basis, this equates to a mean cost of $2,986, with costs ranging from about $1,104 up to $5,115. The average annual cost is $35,838, which is above the nationwide average of $23,100.
Retirement home care costs in Morristown can range from around $1,804 per month to $5,528 per month, with a median cost of approximately $3,823 per month. This equates to an annual cost of around $45,870.
Morristown is a small city in the State of New Jersey. It is located in Morris County and is part of the New York-Northern New Jersey-Long Island metro area. While the encompassing statistical area contains 5,372,907 residents, there are 43,747 living inside the city. Those who are over 55 comprise approximately 27% of the population.
Morristown has a good SeniorScore™ of 74. The city has a median per capita income of $57,000. The average household income is $97,000 versus the average of $84,000 for the whole of New Jersey. The current unemployment rate is roughly 5.57% and the average housing price is $262,500, which is much less than the New Jersey average of $547,500.
Morristown has extreme mean temperatures, with cold winters and pleasant summers. The area gets very high amounts of rainfall each year. In relation to other cities in the US, Morristown has a lower than average crime rate, moderate water quality, and good air quality.