4 Memory Care Facilities in Madison County, IN
The average cost of memory care in Madison County is $5,258 per month. This is higher than the national median of $4,800. Cheaper nearby regions include Delaware County with an average starting cost of $4,470.
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 Madison County, call (855) 863-8283.
Browse Memory Care by city: Memory Care in Anderson
What to Consider About Memory Care in Madison County
Madison County is located in central Indiana near the capital city and is home to about 130,000 people, almost 18 percent of whom are aged 65 and over. In Madison County, it's projected that about 14 percent of seniors who receive Medicare benefits are living with Alzheimer's disease or dementia, compared to the national average of 11 percent.
In Indiana, including in Madison County, memory care facilities are often referred to as dementia special care units. DSCUs may occupy their own standalone building, or they may share campuses with assisted living facilities or nursing homes. Madison County has four memory care facilities, all of which are located in the city of Anderson.
- In Indiana, Social Security benefits are not subject to state income tax. All other types of retirement income are fully taxable, however, which may affect how much money can be put toward memory care services in Madison County.
- Madison County's air quality is decent, which may benefit seniors who have respiratory conditions like asthma or COPD. The American Lung Association gave the county an A for ozone pollution and a B for short-term particle pollution as well as a passing grade for annual particle pollution.
- Madison County is a fairly inexpensive place to live. Overall living expenses are about 20 percent below the national average, which may bring down the cost of memory care services in the region. While healthcare costs are a little higher than the state average, they are still about 14 percent lower than the national average.
- Crime is more prevalent in Madison County than in both the state and the nation as a whole, which may be a consideration for some families researching local memory care options. On a 100-point scale, with a high score indicating high crime, the county's property crime rate is 45.4, compared to the national median of 38.1. The violent crime rate is 48.9, compared to the national average of 31.1.
Paying for Memory Care in Madison County
Average Monthly Costs
Counties in Indiana
Memory Care costs in Madison County start around $5,163 per month on average, while the nationwide average cost of memory care is $4,907 per month.
It’s important to note that memory care rates in Madison 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.
Financial Assistance for Memory Care in Madison County
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 Madison County
Madison County 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 Madison County, please visit our Memory Care in Indiana page.
Directory of Winners in the Madison County Area
Memory Care Laws and Regulations in Madison County
Madison County-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.