There are 20 retirement homes serving Princeton, New Jersey. This includes 3 in Princeton and 17 nearby. The median daily cost for retirment home living in New Jersey is about $100, with costs running between $37 and $171 per day. On a monthly basis, this equates to a mean expenditure of $2,986, with costs ranging from around $1,104 to $5,115. The median yearly cost is $35,838, which is above the US average of $23,100.
Retirement home living costs in Princeton can range from $2,954 per month to $3,603 per month, with an average cost of approximately $3,124 per month. This equates to an annual cost of around $37,488.
Princeton is a medium-sized city in Mercer County in the State of New Jersey. It is part of the Trenton-Ewing metro area. Though the encompassing area includes 300,682 residents, there are 52,304 residing in the city limits. About 23% of the local populace are over 55.
The SeniorScore™ for Princeton is 75. The city's average household income is $117,000 ($55,000 on a per capita basis), in comparison to an average of $84,000 for the entire state of New Jersey. The average home price in Princeton is $306,000, which is significantly lower than the state average of $547,500. The city also has a moderate unemployment rate of roughly 5.73%.
Princeton has tolerable average temperatures, with tolerable winters and calm summers. The area receives high levels of rain annually. Compared to other cities in the United States, Princeton has average air quality and an exceptionally low rate of crime.