There are 19 retirement homes near Norwood, New Jersey. The daily costs of retirment home living in New Jersey range from $37 up to $171, with a median expense running around $100. The per month expense averages around $2,986 and ranges between $1,104 and $5,115. On a yearly basis, the average cost is about $35,838, which is over the nationwide average of $23,100.
The cost of retirement home care in Norwood, NJ ranges from as little as $1,804 per month to $5,528 per month. The median cost is around $3,823 per month, or about $45,870 per year.
Norwood is a small city in the State of New Jersey. It is located in Bergen County and is part of the New York-Northern New Jersey-Long Island metropolitan area. The surrounding metro area contains 5,372,907 inhabitants, but there are 5,730 living inside the city itself. Approximately 33% of the local populace are 55 and over.
Norwood has an outstanding SeniorScore™ of 86. The city has an average per capita income of $37,000 and an average household income is $97,000 (the New Jersey state average is $84,000). The current unemployment rate is about 8.55% and the median home price is $978,000, which is significantly more than the New Jersey average of $547,500.
Norwood has moderate average temperatures, with comfortable winters and mildly warm summers. The area receives very large amounts of rain annually. Compared to other cities in the United States, Norwood has very low air quality ratings, moderate water quality, and an exceptionally low crime rate.