There are 17 retirement homes serving Silver Spring, Maryland. This includes 4 in Silver Spring and 13 nearby. Retirement home living costs in Maryland range from around $17 up to $161 per day, with a median cost running about $62. The per month cost averages around $1,870 and ranges between $495 and $4,840. Yearly, the mean cost is around $22,440, which is below the national average of $23,100.
Costs of retirement home care in Silver Spring, MD generally range between $2,468 per month and $3,080 per month. The median cost is approximately $2,805 per month, or about $33,660 per year.
Located in Montgomery County, Silver Spring is a major city in the State of Maryland. It is part of the Washington-Arlington-Alexandria metropolitan area. With 1,890,860 residents in the surrounding metropolitan area and 282,095 residing in the city itself, it is the 2nd largest city in the state. About 25% of the residents are over 55.
Silver Spring has an above average SeniorScore™ of 74. The city's median household income is $76,000 ($36,000 per person), compared to the average of $75,000 for the state of Maryland. The median home price in Silver Spring is $258,000, which is much lower than the state average of $450,000. Silver Spring also has a moderate unemployment rate of roughly 7.4%.
Silver Spring has mild mean temperatures, with comfortable winters and calm summers. The area gets heavy levels of precipitation annually. Compared to other cities in the United States, Silver Spring has very low water quality and very low air quality.