Best Senior Communities near me in Germantown, Tennessee

Germantown, Tennessee, located in Shelby County, is a suburb situated approximately 20 miles east of Memphis. Founded in 1841 by German immigrants, the city has grown to a population of around 41,333 as of the 2020 census. Germantown is celebrated for its vibrant community life and rich cultural heritage, hosting numerous festivals that highlight its German roots, such as the Germantown Festival and the Germantown Charity Horse Show, one of the largest all-breed horse shows in the U.S.

The city boasts over 700 acres of parkland and an extensive network of greenways, making it ideal for outdoor activities. Additionally, Germantown is recognized for its low crime rate and high-quality amenities, including the Germantown Performing Arts Centre and various shopping options at Saddle Creek.Its combination of historical charm and modern conveniences makes Germantown a desirable place to live and visit.

Costs of Senior Communities in Germantown, TN

The costs of senior communities in Germantown, Tennessee, vary significantly depending on the type of care and services provided. On average, independent living facilities charge about $5,490 per month, which is approximately 3% lower than the national average of $5,671. Assisted living costs are slightly lower, averaging around $4,391 monthly, which is above the Tennessee state average of $4,039 but close to the national average of $4,300. For those seeking more affordable options, residential care homes typically range from $4,500 to $6,243 per month. Additionally, many facilities offer month-to-month rental agreements without buy-in fees, making them accessible for seniors looking for flexibility. Overall, Germantown presents a variety of senior living options catering to different budgetary needs while maintaining quality services.

Average Income in Germantown, TN

Germantown, Tennessee, a suburb of Memphis, boasts an average household income of approximately $189,087 and a median household income of $140,429 as of 2022. The city has seen a notable increase in median income from $132,949 the previous year, reflecting a growth rate of 5.63%. With a population of about 41,094, the community is predominantly White (Non-Hispanic) at 85.2%, followed by smaller percentages of Asian and Black residents. Germantown has a low poverty rate of just 2.39%, indicating a relatively affluent demographic. The median age in the city is 43.5 years, contributing to its stable family-oriented environment. The homeownership rate is high at 87.6%, with the median property value around $402,300, showcasing the city's appeal as a desirable residential area for families and professionals alike.

Ranking of Germantown among Top Cities in Tennessee

Germantown, Tennessee, is recognized as a highly desirable suburb within the Memphis metropolitan area. It ranks #3 out of 57 cities in Tennessee for overall livability, boasting a high livability score of 81 out of 100. The city is particularly noted for its safety, job opportunities, and affordable housing, making it an attractive option for families and young professionals alike. Additionally, Germantown has been ranked as the safest city in Tennessee according to crime statistics. While it excels in various livability metrics, including low unemployment rates and a strong housing market, it also ranks as one of the best places to live in the Memphis area. Overall, Germantown's combination of community amenities and economic opportunities positions it favorably among Tennessee's top cities.

Top Senior Facilities in Germantown, TN

Some of the top senior facilities in Germantown, TN include:

1. The Village at Germantown
2. The Village at Primacy Place
3. Germantown Plantation
4. Brookdale Germantown
5. Great Southern Senior Living

These facilities prioritize the well-being and comfort of their residents, offering various amenities, personalized care services, and engaging activities..