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Founded in 1666, Newark, New Jersey, is a fantastic location for active seniors who are considering assisted living. This diverse community has a population of roughly 300,000 people, and adults aged 65 and older account for one in 10 residents. Newark’s convenient Essex County location gives residents easy access to Manhattan as well as world-class cultural attractions and national monuments such as the Statue of Liberty.
Since it’s part of the New York metropolitan area, Newark’s cost of living is high, but it’s similar to other areas of the state. In fact, health care is 10% more affordable than average, and residents have access to more than 100 medical centers. Additionally, Newark has approximately 50% more physicians compared to similarly sized cities. Coupled with the city’s decreasing crime rates, these features may help area seniors live longer, healthier lives.
According to Genworth Financial’s 2020 Cost of Care Survey, seniors in Newark can expect to pay $5,991 per month for assisted living. Although local rates are about 40% higher than the national average of $4,300, they’re also $659 lower than the state median of $6,650, which saves residents almost $8,000 per year.
Note: Information for Newark was not available, so data from the nearest city, New York, was used.
This guide highlights 10 of Newark’s best assisted living facilities to help seniors and narrow down their options and select a community that fits their needs.