There is 1 assisted living facility in Mound, Minnesota. The costs per day of assisted living in Minnesota range from $29 to $240, with a median expense running about $113. The per month expense averages roughly $3,403 and ranges between $867 and $7,200. On a yearly basis, the mean cost is around $40,830, which is below the nationwide average of $42,000.
SeniorScore™ for Mound, Minnesota
The SeniorScore™ is calculated based on over 100 variables, some of which are shown below. The final score is curved based on a linear curving method. For More info visit senioradvice.com/seniorscore.
- Mound scores higher than the Minnesota average of 70.
- Mound scores higher than the national average of 72.
- There is a high number of Medicare registered physicians within the city limits.
- There is 1 hospital within close range of the city (Ridgeview Medical Center).
- There are 70 senior living facilities in close proximity to the city, including Lake Minnetonka Shores, Presbyterian Homes, and Haven Homes of Maple Plain.
- There is a high number of home healthcare providers operating in the city.
- There is an average number of fire stations serving the city.
- The average life expectancy is 81.1, compared to the national average of 78.6.
- There are 146 pharmacies within close range of the city.
- The city has a low percentage of seniors in the population (26% of residents).
- There are 115 golf courses in or around the city, including Red Oak Golf Club, Burl Oaks Golf Club, and Lakeview Golf Course.
- There are 11 parks near the city center, including Lowry Nature Center, Baker Park Reserve, and Baker Park Reserve Entrance Gt.
- There are 87 churches in or near the city, including Our Lady of the Lake Catholic, Guard A Kid of Minnesota, and Mt Olive Lutheran Church.
- There are 3 malls / shopping centers within close range of the city.
- There are 57 grocery stores within the city.
- There are 6 movie theatres in or near the city.
- There are 74 gyms or health clubs in or near the city.
- The property taxes average 3.45% of total income, which is significantly higher than the national average of 2.79%.
- The property taxes average 1.14% of property value, which is significantly lower than the national average of 1.09%.
- The city sales taxes averages 7.38%, which is higher than the national average of 6.97%.
- Minnesota has an average state income tax of 4.79%, compared to the national average of 3.38%.
- The city's mean household income is $113,440, which is significantly lower than the national average of $64,580.
- The city's median household income is $78,770, which is significantly higher than the national median of $51,560.
- The city's per capita income is $47,559, which is significantly higher than the national average of $25,611.
- Assisted living costs average $42,810 per year, which are average compared to national figures.
- Nursing home costs average $94,451 per year, which are average compared to national costs.
- Adult daycare costs average $15,860 per year, which are low compared to national numbers.
- Home healthcare costs average $56,628 annually, which are very high compared to national costs.
- The unemployment rate is about 6.45%, which is low compared to national averages.
- The overall cost of living is high compared to national averages.
- 0% of the senior population are financially responsible for at least one grandchild.
- Mound receives low levels of rainfall each year.
- Mound has very harsh mean temperatures, with very cold winters and pleasant summers.
- This city has very poor air quality.
- Mound has an average population density of 916.1 people per square mile.
- Residents of Mound have a long daily commute time.
- The city has a high public transportation ridership.
- Mound has a very high public school quality ranking.
- The city has a high public school safety rating.
- This city has a very high graduation rate of 95.88%.
Mound is a small city in Hennepin County, Minnesota. It is part of the Minneapolis-St. Paul-Bloomington metropolitan statistical area. While the surrounding metropolitan area has 2,601,007 people, there are 14,353 residing in the city. About 26% of the local residents are over 55.
Mound has an above average SeniorScore™ of 75. The city has a mean per capita income of $48,000 and a mean household income is $79,000 (the Minnesota state average is $53,000). The median housing price in Mound is $423,000, which is much higher than the Minnesota average of $211,500. Mound has an average unemployment rate of around 6.45%.
Mound has very harsh mean temperatures, with severely cold winters and calm summers. The area receives low amounts of rain annually. In comparison to similarly-sized cities, Mound has very poor air quality.