New York County or Manhattan is the most densely populated of the five boroughs in New York City. The county is the most densely populated in the United States. During business days, the influx of commuters increases the number of people to over 3.9 million. Manhattan has been described as the economic and cultural center of the United States. Many seniors in New York own their homes, but some choose to no longer have the responsibility of maintaining a home. Independent living options in the state include retirement communities, continuing care retirement communities, and senior apartment complexes and or condos. The average cost of independent living in New York is $8,200 per month, which is much higher than the national median. However, there are cheaper nearby regions with average costs starting at around $4,700 per month. Independent living is an excellent option for active seniors in New York who enjoy city living and having access to the outdoors in other parts of the state.
Benefits of Retirement and Senior Living in New York State
Manhattan is loosely divided into Downtown, Midtown, and Uptown, with Fifth Avenue dividing the east and west sides of Manhattan. Also, there are several small islands, such as Randall’s Island, Wards Island, Roosevelt Island, Governors Island, and Liberty Island. The state of New York does not tax Social Security retirement benefits. The income from retirement accounts or a private pension is deductible up to $20,000. However, the sales and property taxes in the state are relatively high. New York is not the first place people think of when they retire. Primarily because of the cost of living, taxes, and health care quality. Yet, retiring in the state is possible with planning; for example, many retirees in the Long Island area own their own home and have built up equity in their house. Some seniors choose to downsize to something smaller in other parts of the state closer to affordable cities and towns. Within the smaller parts of the state are plenty of culture and scenery perfect for those interested in a retirement destination.
Assisted Living Residences in New York County, New York
Within the state of New York are adult care facilities, adult homes, enriched housing programs, and assisted living residences. The Department of Health licenses three types of adult care facilities that offer a continuum of long-term residential care for seniors. For example, adult homes are the lowest level of care and assisted living residences are the highest level of care. The cost of assisted living does vary, and much of it depends on the level of care. When searching for assisted living residences in the state, there are some things to consider. The family will want to ensure their loved one is receiving the services they need. Most assisted living facilities offer dining services, housekeeping, exercise, and wellness programs. Some assisted living facilities tailor services based on specific health needs. Also, an assisted living facility may be part of a broader continuing care retirement community. Transitioning from total independence to a residence with care should not be a daunting task.