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The 10 Best Memory Care Facilities Facilities in Lakewood, CO for 2024

Memory Care Facilities in Lakewood, Colorado

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On this page:

  • Memory Care Facilities in Lakewood, Colorado
  • What to Consider About Memory Care in Lakewood
  • Paying for Memory Care in Lakewood
  • Financial Assistance for Memory Care in Lakewood
  • Free Memory Care Resources in Lakewood
  • Memory Care Laws and Regulations in Lakewood

What to Consider About Memory Care in Lakewood

In Lakewood and the rest of the state, the Colorado Department of Public Health & Environment oversees memory care and other long-term care facilities. It certifies facilities and provides the regulations that must be followed. Seniors and their loved ones can also file complaints at this location and search for licensed memory care and other long-term care facilities.

Benefits and Drawbacks of Memory Care in Lakewood

  • The climate in Lakewood is rated 7.3/10 by Best Places, indicating that the year-round climate is more comfortable than the Colorado average of 6.9. Winters can be cold and snowy, with average January lows at 18.3 degrees and nearly triple the national average snowfall, at 64.6 inches on average. However, residents can look forward to 247 sunny days per year, 32 more than the national average, and comfortable summer temperatures that rarely go above 88.
  • Lakewood has an overall cost of living at nearly 30% more than the national average, influenced by high housing costs. However, residents can benefit from health care costs estimated at nearly 17% lower than the national average to offset it.
  • As part of Jefferson County, Lakewood is a member of the AARP Network of Age-Friendly Communities. This illustrates the county’s dedication to catering to senior residents by working with elected officials, partner organizations and local leaders to make the area more senior-friendly. Jefferson County’s action plan includes an emphasis on age-friendly transportation, housing, respect and inclusion. 
  • Lakewood is home to St. Anthony Hospital, a Level I Trauma Center and a Comprehensive Stroke Center, offering state-of-the-art infrastructure and experienced staff that make this location capable of treating even complex strokes. This hospital has been featured by U.S. News and World Report as a Best Regional Hospital, ranking #9 out of all hospitals across the state, and is rated as high performing in eight conditions.
  • While Colorado has both an income tax of 4.4% and Lakewood’s total sales tax is 7.5%, the state offers a pension/annuity subtraction on Social Security benefits, pensions and annuities for people over the age of 55 at the end of the last tax year. Those under the age of 65% can subtract either $20,000 or the taxable pension/annuity income counted as federal taxable income, whichever is smaller. Seniors 65 and older can subtract either $24,000 or the taxable pension/annuity income.

Paying for Memory Care in Lakewood

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.

In Lakewood, the median monthly cost of memory care is $6,875, but the exact figure will vary among individual facilities.

The Cost of Memory Care in Nearby Cities

Memory care costs in Lakewood are higher than both the state and national averages of $5,937.50 and $5,625, respectively. Seniors seeking more affordable memory care can find it for an average of $1,375 less in Greeley or $1,875 less in Fort Collins. It’s also cheaper in Colorado Springs, costing an average of $5,828.75. Expenses are higher in Boulder, where memory care costs an average of $7,843.75, $968.75 more than in Lakewood.

Lakewood

$6,875

United States

$5,625

Greeley

$5,500

Fort Collins

$5,000

The Cost of Other Types of Senior Care

In Lakewood, adult day health care offers the lowest cost for care, averaging $2,275 per month. Seniors seeking in-home care can expect a monthly average of $6,769, $106 less than memory care, and those in need of home health care can receive services for an average of $6,864, $11 less than memory care. An assisted living facility averages $1,375 less than memory care. The most expensive option for care is a nursing home facility, averaging $8,669 monthly for a semiprivate room.

Memory Care

$6,875

In-Home Care

$6,769

Home Health Care

$6,864

Adult Day Health Care

$2,275

Assisted Living Facility

$5,500

Nursing Home Facility (semiprivate room)

$8,669

Note: Data for Lakewood was unavailable, so data for the nearest city, Denver, was used instead.

Financial Assistance for Memory Care in Lakewood

In Lakewood there are options for seniors who need financial assistance paying for Memory Care. For more information about other options, who qualifies, and how to apply, visit our Memory Care in Colorado page.

More ways to pay for memory care in CO

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 Lakewood

Seniors in memory care can find a range of free resources in Lakewood and surrounding areas that can provide assistance as they navigate Alzheimer’s disease or dementia. These resources include advocacy, assistance with insurance coverage, durable medical equipment loans and opportunities to socialize. The following organizations can provide guidance, information and referrals as needed. Seniors and loved ones are encouraged to contact the organizations for more information or to participate in the programs.

ResourceContactService
Aging and Disability Resources Center for Colorado(303) 480-6700ADRC provides both adults over the age of 60 and people with disabilities with resources for long-term services. Seniors can receive assistance with insurance, options counseling and referrals to other services if ADRC can't properly address a senior's needs.
South Metro Medical Equipment Loan Closet(720) 443-2013Seniors in need of durable medical equipment, such as wheelchairs or walkers on a temporary basis for up to three months can borrow them free of charge from the South Metro Medical Equipment Loan Closet, which serves the greater South Metro area of Denver, including Lakewood.
Denver Vet Center(303) 326-0645The Denver Vet Center assists veterans and their families, including free counseling and referrals to community resources. It also offers both individual and group counseling via telehealth and hosts a range of workshops and classes where veterans can come together to socialize.
Denver Regional Council of Governments' Ombudsman Program(303) 480-6734The DRCOG Ombudsman Program offers seniors in memory care and other long-term care facilities an advocate to speak for them if they need to file a complaint against their facility. The role of the ombudsman is to ensure that the rights of residents are respected and met.
Alzheimer's Association of Colorado(800) 202-3900The Alzheimer's Association of Colorado provides care and support services to seniors with Alzheimer's disease, including care coordination, information about clinical trials and support groups. It also regularly hosts events and gatherings, including its Early Stages Program for additional support. Seniors can call the 24/7 hotline any time they need.

Memory Care Laws and Regulations in Lakewood

Lakewood Memory Care Communities must adhere to the comprehensive set of state laws and regulations that all Memory Care Facilities in Colorado are required to follow. Visit our Memory Care in Colorado page for more information about these laws.

Reviews of Communities Nearby

Memory Care

Visitor

I visited this facility

Review of Lakewood Reserve

I would not recommend lakewood reserve. The people there at Lakewood reserve do not do anything. Do not take care of the people that live there. I went to go visit my grandpa. I cannot even imagine...

Read more

Memory Care

oliviavosh

I am a friend or relative of a current/past resident

Review of Lakewood Reserve

I will not stop writing reviews till my voice is heard. I am so disappointed with this place because of a staff member in the memory care my grandmother had to die alone. She had no visitors for a...

Read more

Memory Care

Cher

I am a friend or relative of a current/past resident

Review of Cadence Lakewood

When I first went to Cadence Lakewood, I fell in love with it, because of all of the trees and that it's tucked away. They have wild turkeys coming over from the open space, which was perfect for...

Read more

Memory Care Facilities near Lakewood, CO

Wheat RidgeDenverArvadaLittletonEnglewoodGolden

Other Options in Lakewood, CO

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Caring.com

Caring.com is a leading online destination for caregivers seeking information and support as they care for aging parents, spouses, and other loved ones. We offer thousands of original articles, helpful tools, advice from more than 50 leading experts, a community of caregivers, and a comprehensive directory of caregiving services.

 

The material on this site is for informational purposes only and is not a substitute for legal, financial, professional, or medical advice or diagnosis or treatment. By using our website, you agree to the Terms of Use and Privacy Policy

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