Assisted Living Communities in Granbury, Texas

Granbury’s average cost of assisted living is slightly higher than the state average of $3,998 but lower than the national average of $4,500. It’s higher than several Texas cities, including Sherman at $3,500 and Tyler at $3,863 per month. However, it’s less than other cities, such as Houston at $4,245 and Victoria at $5,600.

The average cost of assisted living in Granbury is $4,195, but this amount can vary based on the facility’s services, amenities, housing options, levels of care and pricing structure.

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 Texas page.

Seniors comparing costs of other care types will find assisted living is the least expensive among residential senior care options. Although adult day health care costs less at $1,517, it provides limited support during regular business hours only. Seniors aging in place at home pay an average of $4,862 for non-medical in-home care and home health care. Those needing 24-7 nursing care pay an average of $5,627 for a semiprivate room in a nursing home facility.

Assisted living communities in Granbury receive regulation and licensing through the Health and Human Services Commission. Before a facility can apply for licensing, it must complete a pre-licensure course through the HHSC and potentially go through an on-site inspection after receiving its initial license. A survey of the facility occurs within 90 days of being licensed.

• A major perk for seniors living in Granbury is that Texas doesn’t collect state income taxes. Thus, they won’t pay taxes on their retirement income, helping them stretch their dollars. The state makes up for not having state income taxes through higher-than-average property taxes, but seniors in assisted living shouldn’t have to worry about these taxes.
• Texas’ average combined state and local sales tax rate is 8.25%, one of the higher rates in the United States. However, as part of Hood County, Granbury seniors pay much less. The county only tacks on 0.50% to the state rate, and Granbury doesn’t collect local sales tax, for a combined total of 6.75%. This rate makes sales taxes in Granbury and Hood County lower than 83.9% of other Texas cities and counties. Groceries are tax-exempt and prescription and non-prescription medications only incur county sales taxes but not state.
• Although Granbury’s overall cost of living is marginally higher than the national average by 4%, the lack of state income taxes and lower sales taxes help offset some higher costs. The average cost of groceries is about 2% less than the national average, and don’t forget that they’re tax-exempt.
• Granbury has a higher-than-average property crime rate, but violent crime in the city is much lower than the national average. Violent crime is also lower in Granbury compared to the Dallas-Fort-Worth-Arlington Metro combined and the state average.
• Seniors may find it difficult to get scheduled with a physician in Granbury, as the city only has 114 doctors per 100,000 residents. This amount is much lower than the national average of 210. However, it does have a local hospital. Lake Granbury Medical Center is a general medical and surgical facility rated high-performing in treating heart failure and COPD.
• Spending time outdoors comes easy for seniors in Granbury, where they enjoy 229 sunny days compared to the national average of 205, lower-than-average 35 inches of annual rainfall and no snow. Summers can get hot, with the July high around 96 degrees, and about 65 nights in the winter months fall below freezing but none dip below 0.