Memory Care Communities in Fairhope, Alabama

Memory Care costs in Fairhope start around $0 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 Fairhope 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.

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 Alabama page.

According to the Alzheimer's Association, 92,000 Alabamians are living with Alzheimer's disease, and that number is projected to grow to 110,000 by 2025. In Fairhope, more than 22 percent of the population of nearly 21,000 residents is aged 65 and older. Fairhope seniors living with Alzheimer's disease have access to four memory care facilities.

According to the Alabama Department of Public Health, memory care facilities must be licensed and are called specialty care assisted living facilities. These units include specially licensed staff capable of caring for seniors with cognitive impairment, such as Alzheimer's disease or another type of dementia. As a result, seniors' families can confidently select a memory care facility knowing that the staff is well prepared to deliver customized care.

• Cost of living in Fairhope is just above the national average. On a scale where 100 represents that average, Fairhope comes in at 108.3. Housing prices drive up this cost of living. Seniors' families should consider cost of living when budgeting for memory care facility expenses.
• Another factor these families should take into account is Alabama's tax laws. Social security income is exempt from taxation by the state. However, other forms of retirement income, such as income from an IRA or 401(k), are taxed as regular income.
• Moderate year-round temperatures will be welcomed by seniors and their families hoping to escape cold, snowy winters. Fairhope doesn't see snow, and winter low temperatures are in the 40s. Summer highs reach 90 degrees. The city sees more rain than average but more sunny days than average as well.
• Violent crime rates in Fairhope are below the national average. On a scale where one represents the safest city and 100 the most dangerous, the violent crime rate is 23.6. The property crime rate is higher at 42.3. As a result, seniors' families may want to ask about security measures in place at memory care facilities.