55 Memory Care Facilities near Greenwood Village, CO
There are 55 Memory Care Facilities in the Greenwood Village area, with 1 in Greenwood Village and 54 nearby.
The average cost of memory care in Greenwood Village is $7,020 per month. This is higher than the national median of $4,900. Cheaper nearby regions include Centennial with an average starting cost of $4,187.
To help you with your search, browse the 95 reviews below for memory care facilities in Greenwood Village. Better rated regions include Centennial with an average rating of 4.5 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 memory care options and costs in Greenwood Village, call (855) 863-8283.
Top 10 Memory Care Facilities in Greenwood Village, CO
What to Consider About Memory Care in Greenwood Village
Greenwood Village is a small, family-friendly suburb of Denver, Colorado, a state with over 71,000 residents diagnosed with Alzheimer's disease or dementia. Greenwood Village has a population of 15,000, 15 percent of whom are seniors aged 65 and over. Many of these seniors may need care in one of the town's six memory care facilities, with dozens more in nearby cities, such as Aurora and Arvada. Memory care facilities in Colorado are licensed through the state Department of Health, which also stipulates certain training and regulations that these facilities must follow.
Greenwood Village winters include lots of snow; storms can begin as early as September and last until May. Seniors in memory care with mobility difficulties or health conditions worsened by cold weather may be uncomfortable here. Summers are short and warm, which may bring relief to aching joints.
- The cost of living in Greenwood Village is more than 200 times the national average. Housing costs are five times the national average, and this may affect the daily operating costs for memory care and indirectly impact the monthly fees residents pay. Health care, grocery costs, and utilities are all slightly under the national average.
- Colorado has favorable tax regulations for retirees and those in memory care, including a $24,000 personal deduction, as well as other exemptions for those 65 and up. The state's property tax is one of the lowest in the nation. This may help families helping loved ones afford memory care, as they may need to sell Colorado properties.
- Greenwood Village, as part of the greater Denver metro area, is home to world-class medical facilities, including those specializing in brain health and dementia care such as The Rocky Mountain Disease Center of UC — Denver and Lutheran Medical Center, in the event of medical emergencies or illness.
Paying for Memory Care in Greenwood Village
Average Monthly Costs
Cities in Colorado
Memory Care costs in Greenwood Village start around $7,020 per month on average, while the nationwide average cost of memory care is $5,048 per month.
It’s important to note that memory care rates in Greenwood Village 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 Memory Care in Greenwood Village
Learn more about these programs, plus who’s eligible, on our Memory Care in Colorado page.
More Ways to Pay for Memory Care
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.
Free Memory Care Resources in Greenwood Village
Greenwood Village and the surrounding area are home to numerous government agencies and non-profit organizations offering help for seniors searching for or currently residing in a memory care 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 memory care resources in Greenwood Village, please visit our Memory Care in Colorado page.
Directory of Winners in the Greenwood Village Area
Memory Care Laws and Regulations in Greenwood Village
Greenwood Village-area memory care communities must adhere to the comprehensive set of state laws and regulations that all memory care communities in Colorado are required to follow. Visit our Memory Care in Colorado page for more information about these laws.