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The 3 Best Memory Care Facilities in Hancock County, IN for 2024

The average cost of memory care in Hancock County is $5,785 per month. This is higher than the national median of $5,500. Cheaper rated regions include ...

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Memory Care Facilities in Hancock County, IN

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What to Consider About Memory Care in Hancock County

Hancock County has nearly 75,000 residents and a large senior community that makes up almost 16 percent of the population. About 10 percent of Medicare beneficiaries aged 65 and over in this county are living with Alzheimer's disease or dementia. The region is served by the Alzheimer's Association Greater Indiana Chapter, which provides an array of resources for those affected by Alzheimer's.  

Hancock County memory care facilities are officially called dementia special care units. DSCUs may occupy their own independent building or they may share campuses with assisted living facilities or nursing homes. Hancock County is home to two memory care facilities, including one in McCordsville and one in Greenfield.

Benefits and Drawbacks of Memory Care in

  • Hancock County seniors do not pay state income tax on Social Security benefits, but all other types of retirement income, including pension income and withdrawals from retirement accounts, are fully taxable. This may impact their memory care budget. 
  • Temperatures in Hancock County are typical of central Indiana, ranging between 19 degrees and 84 degrees over the course of a year. The county gets several inches less of snow than the U.S. as a whole, which may appeal to families who travel during the winter months to visit their loved ones in memory care here. 
  • Compared to the rest of the state, Hancock County's cost of living is higher than average, though living expenses are generally lower here than in the United States as a whole. Healthcare expenses here are about 12 percent lower than the national average, which may make it more affordable to manage a chronic condition like dementia. 
  • With property crime and violent crime rates that are relatively low, Hancock County is a safe place to live. On a 100-point scale, with a lower score indicating less crime, the county is rated 28.8 for violent crime, compared to the national average of 38.1, and 28 for property crime, versus the national average of 31.1. This may provide peace of mind for families seeking memory care services here.

Paying for Memory Care in Hancock County

Memory Care costs in Hancock County start around $5,785 per month on average, while the nationwide average cost of memory care is $5,694 per month.

It’s important to note that memory care rates in Hancock County and the surrounding suburbs can vary widely based on factors such as location, the level of care needed, apartment size and the types of amenities offered at each community.

Counties in Indiana

Johnson County

$6,064

Hamilton County

$5,800

Hancock County

$5,785

Boone County

$5,724

US

$5,694

Hendricks County

$5,171

Marion County

$5,106

Madison County

$4,711

Financial Assistance for Memory Care in Hancock County

Learn more about these programs, plus who’s eligible, on our Memory Care in Indiana page.

More Ways to Pay for Memory Care

While many families use their own funds or personal assets to pay for memory care, there are plenty of additional options to cover these costs. Some additional ways to finance memory care costs include:

  • Veterans Benefits
  • Life Insurance Policy
  • Long-Term Care Insurance
  • Reverse Mortgage

For more information about different ways to finance memory care, visit our Memory Care in Indiana page.

Free Memory Care Resources in Hancock County

Hancock County and the surrounding area are home to numerous government agencies and non-profit organizations offering help for seniors searching for or currently residing in a memory care community. These organizations can also provide assistance in a number of other eldercare services such as geriatric care management, elder law advice, estate planning, finding home care and health and wellness programs.

To see a list of free memory care resources in Hancock County, please visit our Memory Care in Indiana page.

Memory Care Laws and Regulations in Hancock County

Hancock County-area memory care communities must adhere to the comprehensive set of state laws and regulations that all memory care communities in Indiana are required to follow. Visit our Memory Care in Indiana page for more information about these laws.

Reviews of Communities Nearby

Memory Care

Paul

I am a friend or relative of a current/past resident

Review of Woodland Terrace of New Palestine

My mother is a resident of Woodland Terrace of New Palestine. The staff there is friendly and very attentive to my mother's needs. They have a very good selection of food on their menu, and it's...

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Memory Care

Kathleen

I am a friend or relative of a current/past resident

Review of Traditions at Brookside

My husband has been at Traditions at Brookside for 2 years now, and he has had a very good experience. As we are now moving into hospice services, they have helped with that transition...

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Memory Care

M.B.

I am a friend or relative of a current/past resident

Review of Traditions at Brookside

My sister has moved into Traditions at Brookside. It's a very caring community. The room was larger than any of them that we had looked at. It was all-inclusive and the room looks out over a patio,...

Provider response

Thank you so much for your comments! We are so glad your sister is enjoying Traditions at Brookside. We take great pride in our dining experience, and our activity program. Please keep in touch...

Read more

Memory Care Facilities near Hancock County, IN

Marion CountyHamilton CountyMadison CountyJohnson CountyHendricks CountyBoone County

Other Options in Hancock County, IN

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Caring.com

Caring.com is a leading online destination for caregivers seeking information and support as they care for aging parents, spouses, and other loved ones. We offer thousands of original articles, helpful tools, advice from more than 50 leading experts, a community of caregivers, and a comprehensive directory of caregiving services.

 

The material on this site is for informational purposes only and is not a substitute for legal, financial, professional, or medical advice or diagnosis or treatment. By using our website, you agree to the Terms of Use and Privacy Policy

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