There are 16 retirement homes serving Richmond, Michigan. This includes 1 in Richmond and 15 nearby. The average cost / day for retirment home living in Michigan is about $59, with costs running between $14 and $144 daily. On a per month basis, this equates to an average cost of $1,760, with costs ranging from around $412 up to $4,317. The average annual cost is $21,120, which is less than the national average of $23,100.
Retirement home living costs in Richmond, MI range from about $440 per month up to $3,630 per month, with an average cost of about $1,980 per month. That equates to a yearly cost of $23,760.
Located in Macomb County, Richmond is a small city in the State of Michigan. It is included in the Detroit-Warren-Livonia metropolitan area. The surrounding statistical area is home to 3,457,808 inhabitants, but there are 9,373 residing in the city itself. The 55+ community currently makes up approximately 27% of the overall population.
Richmond has a medium SeniorScore™ of 67. The city has an average per capita income of $27,000. The mean household income is $61,000 versus the average of $46,000 for the state of Michigan. The current unemployment rate is about 10.26% and the mean housing price is $199,500, which is somewhat higher than the Michigan average of $177,000.
Richmond has harsh mean temperatures, with cold winters and mildly warm summers. The area gets low levels of precipitation each year. Compared to other cities in the United States, Richmond has low air quality and an average rate of crime.