The 5 Best Memory Care Facilities in Indian River County, FL for 2024

Indian River County is located north of the Port St. Lucie area of the eastern seaboard of Florida. It has a population of 154,383, of which 32.2 percent, or around 50,000 people, are 65 years of age or older, and many of them are likely to be living with Alzheimer's disease.

Statewide, 540,000 people are estimated to have dementia currently, and 720,000 will be diagnosed with it by 2025. Florida law requires an assisted living facility to get licensed as an Extended Congregate Care, or ECC, before it can supervise these patients. In Indian River County, four ECC facilities are spread across the communities.

• Florida is one of a handful of states in the United States that doesn't have an income tax. This helps seniors and their families in Indian River County who are on a fixed income. Money that would have been spent on taxes can be used for healthcare costs in a licensed ECC facility.
• Cost of living estimates are based on a national average of 100, and Indian River County's cost of living is 106. Housing is a bit higher than the national average at 115, but healthcare is a little lower as well. The money saved by the lower healthcare expenses and lack of income tax can be put toward housing or another bill.
• Crime is rated on a scale with one being the safest and 100 representing the highest. For violent crime, the U.S. average is 31.1. Indian River County's ranking is a bit higher at 43.1. Property crime in the U.S. averages 38.1, as compared to 45 in Lake County. Seniors can benefit from the additional layers of security offered by an ECC.
• Indian River County gets an average of 54 inches of rainfall yearly, and the U.S. average is 39 inches. The county has 234 sunny days as opposed to 205 nationally. Summer highs climb to 92 degrees and slide back down to 49 in January. Sperling's awards an 84 Comfort Index to Lake County on a scale of one to 100.

Memory Care costs in Indian River County start around $5,485 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 Indian River County 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.

Learn more about these programs, plus who’s eligible, on our Memory Care in Florida page.

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 Florida page.

Indian River County-area memory care communities must adhere to the comprehensive set of state laws and regulations that all memory care communities in Florida are required to follow. Visit our Memory Care in Florida page for more information about these laws.