Memory Care Communities in Castle Rock, CO

In Castle Rock, seniors pay a median rate of $6,875 for memory care, which is hundreds of dollars higher than the Colorado amount of $5,938 and the national norm of $5,625. Although monthly fees in Boulder are higher than in Castle Rock, with local seniors paying $7,844 for services, other cities in the region have more economically priced care. For example, in Colorado Springs, rates come in at $5,829, and in Fort Collins, rates are comparatively affordable at $5,000.

 

Note: Residential memory care is usually offered in assisted living facilities, and in general, memory care rates tend to be 20-30% higher than assisted living rates. No national database currently tracks memory care costs in the United States, so we've estimated the monthly memory care costs listed below by adding 25% to the rates listed in Genworth's 2021 Cost of Care Survey.

Memory care rates in Castle Rock come in at about $6,875 monthly.

 

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 Colorado page.

In Castle Rock, seniors pay a median rate of $6,875 for memory care, which is hundreds of dollars higher than the Colorado amount of $5,938 and the national norm of $5,625. Although monthly fees in Boulder are higher than in Castle Rock, with local seniors paying $7,844 for services, other cities in the region have more economically priced care. For example, in Colorado Springs, rates come in at $5,829, and in Fort Collins, rates are comparatively affordable at $5,000.

 

The Colorado Department of Public Health and Environment oversees memory care facilities in Castle Rock and requires them to provide standardized services. Additionally, the department sets rules for housing, care planning, staffing and nutrition services. It monitors compliance with these rules through regular inspections and annual licensing processes.

 

• AdventHealth Castle Rock sits in Castle Rock proper and offers a variety of health care services, including heart care, imaging services and emergency care. Although this hospital doesn’t provide diagnostic services and treatment for dementia, it provides referrals for local neurologists who offer this type of care.
• Out of Colorado’s 59 surveyed counties, Castle Rock’s Douglas County ranks top in the state for general health and in the 75-100th percentile for health factors and outcomes, indicating access to care for seniors managing conditions such as dementia. The average life expectancy is among the highest in the nation at 83.4 years compared to 78.5 nationally, and per 100,000 people, only 170 people die at age 75 or younger. The county also reports a preventable hospitalization rate of 1,634 per 100,000 Medicare beneficiaries, which is well below the national norm of 2,809.
• Living costs in Castle Rock run high, with residents paying about 13.7% more for basic expenses than the U.S. norm. Health care expenses come about 23% higher here than in a typical U.S. city, and housing prices exceed the national norm by 21%. Fortunately, the Elderly, Blind and Disabled Waiver covers residential memory care services for qualified individuals, helping those with budgetary considerations to afford local living and long-term care expenses.
• The AARP Livability Index gives Castle Rock a score of 57 compared to the average U.S. city rating of 48, marking it as one of the most favorable cities in the nation for retirees. Unlike most of the nation, the city doesn’t report a shortage in health care workers, and about 76.7% of hospital patients report satisfaction with their care compared to the national norm of 69%. Additionally, there are two cultural institutions within 15 miles per 10,000 people, offering opportunities for early-stage engagement activities.
• Colorado taxes all retirement income, including Social Security benefits. However, it has a deduction of up to $24,000 for those aged 65 and over, reducing or even eliminating memory care residents’ tax obligations and helping them afford long-term care expenses in Castle Rock.