There are 19 retirement homes serving Ridgewood, New Jersey. This includes 1 in Ridgewood and 18 nearby. The average daily cost of retirment home living in New Jersey is around $100, with costs running between $37 and $171 per day. On a monthly basis, this equates to an average expense of $2,986, with costs ranging from about $1,104 up to $5,115. The average annual cost is $35,838, which is over the nationwide average of $23,100.
Retirement home care costs in Ridgewood range from $1,804 per month up to $5,528 per month, with a median cost of approximately $3,823 per month. This equates to a yearly cost of $45,870.
Ridgewood is a small city in New Jersey. It is located within Bergen County and is included in the New York-Northern New Jersey-Long Island metro area. Though the city includes 24,985 inhabitants, the surrounding statistical area includes a populace of 5,372,907. The senior community currently comprises about 25% of the overall population.
Ridgewood has a good SeniorScore™ of 76. The city has a median per capita income of $69,000 and a median household income is $154,000 (the New Jersey state average is $84,000). The median home price in Ridgewood is $520,500, which is somewhat lower than the New Jersey average of $547,500. Ridgewood also has a low unemployment rate of approximately 4.95%.
Ridgewood has tolerable average temperatures, with tolerable winters and mildly warm summers. The city receives very high levels of precipitation annually. Ridgewood has average water quality ratings, very low air quality ratings, and a very low crime rate in comparison to similarly-sized cities.