7 Memory Care Facilities near Greenwood, IN
Also serving communities of Shelbyville.
There are 7 Memory Care Facilities in the Greenwood area, with 4 in Greenwood and 3 nearby.
The average cost of memory care in Greenwood is $4,407 per month. This is lower than the national median of $4,650.
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, call (855) 863-8283.
4 Memory Care Facilities in Greenwood, IN
Promotion ends in 4 days!
Save up to $9,000, must take financial possession by 4/30/19. Terms and conditions apply.
Promotion ends in 127 days!
Grand Brook Founder's Special. For the first 36 depositors, Grand Brook will offer a lifetime ra... (more)
3 Memory Care Facilities near Greenwood, IN
Other Options in Greenwood, IN
Memory Care near Johnson County, IN
More Options Near Greenwood, IN
What to Consider About Memory Care in Greenwood
The city of Greenwood, which is a suburb of Indianapolis, is home to 57,000 people, about 14 percent of which are over the age of 65. It is situated in a state in which, according to the Alzheimer's Association, about 110,000 people live with Alzheimer's disease. To support its local seniors with Alzheimer's and other forms of dementia, Greenwood has four memory care facilities. An additional three facilities are located in the surrounding region, providing more options for families looking for the right facility for their loved one with dementia.
In Greenwood, memory care facilities, which may also be referred to as dementia special care units, may have their own building or be located within an assisted living facility that meets special staffing, training and procedural guidelines.
- The overall crime rate in Greenwood is nearly 30 percent higher than the state average and 36 percent higher than the national average. The rate of violent crime is 20 percent higher than the national average, and the rate of property crime is 39 percent higher than the national average. This may be a consideration for families who are relocating their senior loved one to a memory care facility in this region.
- While Greenwood’s overall cost of living is almost seven percent below the national average, healthcare is relatively expensive here at about 14 percent more than the national average. This may be a consideration for seniors on a tight budget.
- Indiana seniors do not pay income tax on Social Security benefits, but all other types of retirement income are taxable. Families may wish to speak with a tax professional to determine how the state's income tax laws will affect their loved one's memory care budget.
- The Greenwood area is home to world-class medical facilities, including those specializing in brain health and dementia care such as Community Hospital South, in the event of medical emergencies or illness.
Paying for Memory Care in Greenwood
Average Monthly Costs
Cities in Indiana
Memory Care costs in Greenwood start around $4,407 per month on average, while the nationwide average cost of memory care is $4,799 per month.
It’s important to note that memory care rates in Greenwood 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
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 Greenwood
Greenwood and the surrounding area are home to numerous government agencies and non-profit organizations offering help for seniors searching for or currently residing in an assisted living 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, please visit our Assisted Living in Indiana page.
Memory Care Facilities in Greenwood
Directory of Winners in Greenwood Area
Memory Care Laws and Regulations in Greenwood
Greenwood-area assisted living communities must adhere to the comprehensive set of state laws and regulations that all assisted living communities in Indiana are required to follow. Visit our Memory Care in Indiana page for more information about these laws.