1 Memory Care Facility in Lawrenceburg, IN
The average cost of memory care in Lawrenceburg is $4,290 per month. This is lower than the national median of $4,900.
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 Lawrenceburg, call (855) 863-8283.
1 Memory Care Facility in Lawrenceburg, IN
What to Consider About Memory Care in Lawrenceburg
The small city of Lawrenceburg, Indiana, is home to just 5,000 people, but it has a large senior community that makes up almost 16 percent of the population. According to the Alzheimer's Association, seniors are most likely to be diagnosed with Alzheimer's disease, which is the leading cause of dementia. In Indiana alone, about 110,000 residents have Alzheimer's disease.
To meet the needs of local seniors with Alzheimer's disease and other forms of dementia, Lawrenceburg has one memory care facility, and there are more than two dozen nearby. These facilities are officially known as dementia special care units.
- Lawrenceburg seniors do not pay state income tax on their Social Security income, but all other types of retirement income are taxable. This may affect how much money can be put into the memory care budget.
Lawrenceburg's summers are warm and humid, and the winters are cold. Year-round temperatures range between 25 degrees and 86 degrees, and the area receives an average of 42 inches of rainfall and 17 inches of snowfall annually. Families should ensure that the memory care facility they choose for their loved one keeps residents indoors during extreme temperatures.
- While Lawrenceburg's property crime rate is a little higher than the national average, its rate of violent crime is significantly lower. On a 100-point scale, with a low score indicating less crime, the city's property crime rate is 49.8 and the violent crime rate is 14.8. This is compared to the respective national averages of 38.1 and 31.1. The city's low violent crime rate may appeal to families researching memory care in the region.
- Lawrenceburg is an affordable city for seniors and families with tight memory care budgets. Overall, living costs are about 12 percent lower here than in the country as a whole, and health care costs are 14 percent lower than the national median.
Paying for Memory Care in Lawrenceburg
Average Monthly Costs
Cities in Indiana
Memory Care costs in Lawrenceburg start around $4,290 per month on average, while the nationwide average cost of memory care is $5,048 per month.
It’s important to note that memory care rates in Lawrenceburg 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 Lawrenceburg
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 Lawrenceburg
Lawrenceburg 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 Lawrenceburg, please visit our Memory Care in Indiana page.
Directory of Winners in the Lawrenceburg Area
Memory Care Laws and Regulations in Lawrenceburg
Lawrenceburg-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.