Caring.com
Caring.com

(800) 558-0653

The 5 Best Memory Care Facilities in Franklin, IN for 2024

Memory Care Facilities in Franklin, Indiana

7 Results


Physical TherapyVeterans Benefits

Filters

7 Results

Sort By

Didn't find what you were looking for?

Caring's Family Advisors are here to help you with questions about senior living and care options.

Call us at (855) 948-3865

What you can do with Caring

  • Search the Caring database

    Quickly search the largest online senior living and senior care directory

  • Read reviews and expert guidance

    Read our authentic consumer reviews and content by experts

  • Speak to a Family Advisor for free

    Guided, expert advice to find the best community or agency for you

  • Take a tour to decide yourself

    We’ll help you book tours or get in touch with local agencies

On this page:

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

What to Consider About Memory Care in Franklin

Franklin is located in central Indiana, a state where the Alzheimer's Association reports that 110,000 residents have Alzheimer's disease. This disease, which is generally diagnosed in seniors, is the leading cause of dementia. In Franklin, the senior population makes up more than 16 percent of the 25,000-person population. 

Franklin is home to one memory care community, and families looking for more options will find nearly five dozen more in the surrounding area. The facilities, which are officially called dementia special care units, may either be located within assisted living facilities or in their own dedicated building.

Benefits and Drawbacks of Memory Care in Franklin

  • Franklin's living costs, including healthcare expenses, are about 10 percent lower than the nationwide average. This may make the city a good option for seniors and families with a restrictive memory care budget.
  • Franklin's property crime rate is significantly higher than the national average, but its rate of violent crime is considerably lower. On a scale of one to 100, with a low score representing less crime, Franklin's violent crime rate is 23.0, compared to the national average of 31.1, and the property crime rate is 51.1, compared to the national average of 38.1. This may appeal to families who are moving their loved one to memory care in central Indiana.
  • Franklin's climate is typical of central Indiana, with hot, humid summers and chilly winters. Summer highs are in the mid-80s, and winter lows are in the 20s. The region gets 19 inches of snowfall compared to the national average of 26 inches, which may make local travel easier for families to visit loved ones in memory care facilities.
  • Indiana is moderately tax-friendly for seniors. Social Security benefits are not subject to state income tax, but all other types of retirement income are. Families whose senior loved ones draw income from retirement savings accounts or pensions may wish to speak to a tax professional to determine how the state's income tax laws affect their memory care budget.

Paying for Memory Care in Franklin

Memory Care costs in Franklin start around $6,640 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 Franklin 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.

Cities in Indiana

Franklin

$6,640

Greenwood

$5,949

US

$5,694

Avon

$5,675

Columbus

$5,296

Greenfield

$5,220

Indianapolis

$5,113

Plainfield

$5,035

Financial Assistance for Memory Care in Franklin

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

Free Memory Care Resources in Franklin

Franklin 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 Franklin, please visit our Memory Care in Indiana page.

Memory Care Laws and Regulations in Franklin

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

Memory Care Facilities near Franklin, IN

GreenwoodIndianapolisColumbusPlainfieldAvonGreenfield

Other Options in Franklin, IN

Business Owners

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

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

Our Services

  • Senior Living Directory

  • Senior Care Directory

  • Caregiving Resources

  • Sitemap

  • Terms of Use

  • Privacy Policy


© 2024 Caring, LLC. All rights reserved.