There are 19 independent living communities serving Red Bank, New Jersey. This includes 2 communities in Red Bank and 17 nearby. The average daily cost of independent living in New Jersey is $100, with costs ranging between $37 and $171 daily. On a per month basis, this equates to a mean expenditure of $2,986, with costs ranging from about $1,104 to $5,115. The average annual cost is $35,838, which is over the nationwide average of $23,100.
Independent living costs in Red Bank, NJ typically range from about $1,804 per month up to $5,528 per month, with an average cost of about $3,823 per month. That equates to an annual cost of around $45,870.
Located within Monmouth County, Red Bank is a small city in the State of New Jersey. It is part of the New York-Northern New Jersey-Long Island metro area. While the encompassing statistical area is home to 5,372,907 inhabitants, there are 23,813 living in the city itself. People over the age of 55 make up 28% of the community.
The SeniorScore™ for Red Bank is 75. The average home price in the city is $285,000, which is much less than the New Jersey average of $547,500. Red Bank also has an average unemployment rate of approximately 8.59%. The city's average household income is $75,000 ($42,000 per person), compared to the average of $84,000 for the entire state of New Jersey.
Red Bank has medium average temperatures, with medium winters and pleasant summers. The area receives high amounts of rainfall annually. Red Bank has a low rate of crime, below average air quality ratings, and average water quality in relation to other American cities.