2 Assisted Living Facilities in Madisonville, KY
Also serving communities of Providence, Princeton, Marion.
The average cost of assisted living in Madisonville is $2,885 per month. This is lower than the national median of $3,480.
To help you with your search, browse the 8 reviews below for assisted living facilities in Madisonville. On average, consumers rate assisted living in Madisonville 4.3 out of 5 stars. Better rated regions include Owensboro with an average rating of 4.3 out of 5 stars.
Caring.com has helped thousands of families find high-quality senior care. To speak with one of our Family Advisors about assisted living options and costs in Madisonville, call (855) 863-8283.
2 Assisted Living Facilities in Madisonville, KY
The Paragon of Madisonville
Oak Ridge Senior Living Community
What to Consider About Assisted Living in Madisonville
Located in the Western Coal Fields region of Kentucky, Madisonville is home to around 19,000 people and more than 16 percent of the population is aged over 65. Seniors in the city can get involved in the many events held throughout the year, including the week-long 4thFest celebrating the country's independence and the Veteran's Day Parade, which is the largest in the state.
There are two assisted living facilities in the area for seniors who may need some help with daily living activities. These are certified by Kentucky's Department of Aging and Independent Living.
Benefits and Drawbacks of Assisted Living in Madisonville
- The Madisonville area is home to world-class medical facilities, including Baptist Health Madisonville, in the event of medical emergencies or illness.
- Public transport in Madisonville is provided by Madisonville Transit. This is a deviated route service which allows riders to request a change to the route with 48 hours notice. Seniors aged 60 years old or over are eligible for a discounted fare.
- Madisonville has a strong arts and culture community centered around the Glema Mahr Center for the Arts. The center hosts visiting performers and community theater productions. For seniors who prefer fine arts, the center has an art gallery and there are workshops to help people harness their creativity.
- The cost of living in Madisonville is 79 on the Sperling index, 21 points lower than the national average of 100. This is largely due to the low cost of housing in the city. Healthcare in Madisonville is more expensive than the national average, with a rating of 103. This may mean that seniors with chronic health conditions have less money available for assisted living.
- Madisonville's overall crime rate is 20 crimes per 1,000 residents, which is higher than 74 percent of Kentucky's other communities. Safety-conscious seniors may wish to inquire about security measures when touring assisted living facilities.
- Social Security income is exempt from state income taxes in Kentucky. Seniors do have to pay tax on other forms of retirement income, including pensions and retirement accounts, but there is a sizable deduction available. Seniors should also note that taxes are payable at city and county levels on income from retirement accounts, which may affect their assisted living budget.
Paying for Assisted Living in Madisonville
Average Monthly Costs
Cities in Kentucky
Assisted Living costs in Madisonville start around $2,885 per month on average, while the nationwide average cost of assisted living is $4,000 per month, according to the latest figures from Genworth’s Cost of Care Survey.
It’s important to note that assisted living rates in Madisonville 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.
Financial Assistance for Assisted Living in Madisonville
In Kentucky, there is no financial assistance available from the government for seniors living in assisted living facilities. However, the optional state supplement is available for eligible seniors in personal care homes.
Learn more about these programs, plus who’s eligible, on our Assisted Living in Kentucky page.
More Ways to Pay for Assisted Living
While many families use their own funds or personal assets to pay for assisted living, there are plenty of additional options to cover these costs. Some additional ways to finance assisted living costs include:
- Veterans Benefits
- Life Insurance Policy
- Long-Term Care Insurance
- Reverse Mortgage
For more information about different ways to finance assisted living, visit our Assisted Living in Kentucky page.
Free Assisted Living Resources in Madisonville
Madisonville and the surrounding area are home to numerous government agencies and non-profit organizations offering help for seniors searching for or currently residing in an assisted living 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 assisted living resources in Madisonville, please visit our Assisted Living in Kentucky page.
Assisted Living Laws and Regulations in Madisonville
Madisonville-area assisted living communities must adhere to the comprehensive set of state laws and regulations that all assisted living communities in Kentucky are required to follow. Visit our Assisted Living in Kentucky page for more information about these laws.
Assisted Living near Madisonville, KY
Other Options in Madisonville, KY
Recent Reviews of Assisted Living in Madisonville
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Review of Oak Ridge Senior Living Community
Oak Ridge Senior Living Community is great. They've got crafts, music, and Bridge. My mother's apartment is less expensive than the other ones we looked at, but it's standoffish. She's been there f... Read more
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Review of The Paragon of Madisonville
We liked the room at The Paragon of Madisonville and the way it was laid out. The bathroom was big, and it had precautionary seating. The dining room was great. The whole facility was nice and beau... Read more
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Review of The Paragon of Madisonville
The Paragon of Madisonville is great. My parents' room is excellent. They have beauty shops, game rooms, place to eat, lounge area, and TVs. The staff has been wonderful. They enjoy the food. It's ... Read more
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