There are 20 retirement homes serving Paterson, New Jersey. This includes 1 in Paterson and 19 nearby. The mean cost / day of retirement home care in New Jersey is $100, with costs running between $37 and $171 daily. On a monthly basis, this equates to an average expenditure of $2,986, with costs ranging from about $1,104 up to $5,115. The mean annual cost is $35,838, which is greater than the national average of $23,100.
Retirement home living costs in Paterson generally range from $1,804 per month to $5,528 per month, with a median cost of approximately $3,823 per month. That equates to a yearly cost of about $45,870.
Paterson is a mid-size city in Passaic County, New Jersey. It is part of the New York-Northern New Jersey-Long Island metropolitan statistical area. It is the 4th largest city in the state, with 146,199 people living within the city itself and 5,372,907 in the surrounding metro area. The senior community currently constitutes about 18% of the overall population.
The SeniorScore™ for Paterson is 59. The city's average household income is $36,000 ($15,000 per capita), in comparison to an average of $84,000 for the entire state of New Jersey. The average housing price in Paterson is $277,500, which is much less than the New Jersey average of $547,500. Paterson has a high unemployment rate of roughly 10.51%.
Paterson has tolerable average temperatures, with tolerable winters and calm summers. The city gets very heavy amounts of rainfall each year. In relation to other American cities, Paterson has a very high rate of crime, moderate water quality, and low air quality.