What to Consider About Memory Care in Golden Valley
Golden Valley, located in Hennepin County, Minnesota, is a western suburb of Minneapolis and is home to about 20,000 residents. Around 20 percent of Golden Valley's population is 65 years of age or older, and of its senior population, many require residential memory care and support for dementia disorders such as Alzheimer's disease. Throughout the entire state, 94,000 seniors have been diagnosed with Alzheimer's disease and other forms of dementia.
Seniors and their families can choose from 46 memory care facilities in the Golden Valley area, with three located in Golden Valley and an additional 43 in surrounding cities such as Minneapolis, Minnetonka and Fridley. The staff in these facilities, officially known as special care units, are specifically trained to support residents with Alzheimer's Disease and other dementia disorders. These facilities often provide seniors with both memory care and assisted living services, as the regulations for both levels of care are similar in Minnesota.
- The air in Golden Valley and throughout the greater Minneapolis area has been given a passing grade by the American Lung Association. A passing grade means that breathing the air in Golden Valley poses little to no risk to seniors and other at-risk groups.
- The cost of healthcare in Golden Valley is 13 percent below the national average, which may be a major benefit for those who require regular medical care. However, the overall cost of living in the city is more than 25 percent above the national average, so it's important to consider all expenses prior to selecting a memory care facility in Golden Valley.
- The Golden Valley area is home to world-class medical facilities, including those that specialize in brain health and dementia care such as Regency Hospital, in the event of medical emergencies or illness.
- Seniors and their loved ones can reside in Golden Valley with little concern for their safety, as violent crime rates are incredibly low in the city. Only 0.75 violent crimes occur per 1,000 residents each year in Golden Valley, whereas by comparison, the average Minnesota city has an average of 2.75 violent crimes per 1,000 residents.
Paying for Memory Care in Golden Valley
Average Monthly Costs
Cities in Minnesota
Memory Care costs in Golden Valley start around $5,290 per month on average, while the nationwide average cost of memory care is $4,723 per month.
It’s important to note that memory care rates in Golden Valley 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 Golden Valley
Learn more about these programs, plus who’s eligible, on our Memory Care in Minnesota 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 Minnesota page.
Free Memory Care Resources in Golden Valley
Golden Valley 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.
Memory Care Facilities in Golden Valley
Directory of Winners in Golden Valley Area
Memory Care Laws and Regulations in Golden Valley
Golden Valley-area assisted living communities must adhere to the comprehensive set of state laws and regulations that all assisted living communities in Minnesota are required to follow. Visit our Memory Care in Minnesota page for more information about these laws.