The 10 Best Memory Care Facilities in Greenwood, IN for 2023
There are 13 Memory Care Facilities in the Greenwood area, with 6 in Greenwood and 7 nearby.
The average cost of memory care in Greenwood is $5,918 per month. This is higher than the national median of $5,354. Cheaper nearby regions include Indianapolis with an average starting cost of $4,927.
To help you with your search, browse the 15 reviews below for memory care facilities in Greenwood. On average, consumers rate memory care in Greenwood 4.6 out of 5 stars. Better rated regions include Greenfield with an average rating of 5.0 out of 5 stars.
Caring.com has helped 8 families in Greenwood 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.
Directory of Memory Care Facilities in 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 $5,998 per month on average, while the nationwide average cost of memory care is $5,525 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 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, please visit our Memory Care in Indiana page.
Memory Care Laws and Regulations in Greenwood
Greenwood-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.
Other Options in Greenwood, IN
Recent Reviews of Memory Care in Greenwood
Review of Demaree Crossing
We chose Demaree Crossing for my mom basically by the looks of it. It's very nice, clean, open, and it's just a very nice place to live. She is in memory care and the staff there is very good, very... Read more
Review of Bickford of Greenwood
We are thinking of choosing Bickford of Greenwood for my dad because of the location and the cost. It is high-caliber care, but it has a great staff-to-resident ratio; they have more staff than act... Read more
Review of Greenwood Village South
It's never easy to move a loved one to a full time care facility. Karen E. was our first point of contact and the ease in which she made this transition is indescribable. She was quick to respond... Read more