Communities in Cottonwood, AZ

Memory Care costs in Cottonwood start around $5,778 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 Cottonwood 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 Arizona page.

With its pleasant climate and 275 days of sunshine, Cottonwood, Arizona, is a popular destination for seniors, who represent more than one-quarter of the city's 12,000 residents. Due to Cottonwood's large population of elderly people, the area has a higher-than-average rate of dementia. In Yavapai County, more than 10,200 senior citizens will be living with Alzheimer's disease by 2020.

There are five memory care facilities located in the Cottonwood area with three in the city itself. Assisted living facilities that have restricted access units may care for dementia patients who are at risk of wandering. These properties are inspected and overseen by the Arizona Department of Health Services.

• Based on the number of property crimes and violent offenses, Cottonwood has a lower crime rate than nearby Prescott. The number of violent crimes is 10 points higher than the U.S. average, and the number of property crimes is nine points higher than the national average. For safety reasons, secured dementia units typically have keypad access to protect residents at all times.
• The Cottonwood area has few facilities from which to choose in the event of a medical emergency or illness. Apart from the Verde Valley Medical Center and the VA Cottonwood Community Based Outpatient Clinic, the nearest major hospitals specializing in brain health and dementia care are located in Prescott or Sedona.
• Cottonwood residents enjoy a low cost of living that's 6 percent higher than the national average and 6 percent lower than other parts of Arizona. Although housing and health care are up to 20 percent more expensive, the overall cost of living is quite competitive, which can benefit fixed-income residents.
• Social Security and Railroad Retirement benefits are the only forms of nontaxable income in Arizona. Public pensions and military retirement benefits are eligible for a small exemption, while distributions from retirement accounts and private pensions are taxed at the standard rate. These policies are some of many budgeting considerations for individuals who require memory care.