The 5 Best Memory Care Facilities in Southaven, MS for 2024

 

Southaven ranks as the third most populous city in Mississippi, with over 56,000 residents, and it has 2 memory care communities for seniors and families to choose from. In this region, memory care facilities charge a monthly median rate of $5,250. Although this runs higher than Mississippi’s typical rate, it saves seniors hundreds of dollars per month over the national median.

Through this directory, you can learn more about residents’ experiences in local memory care communities by reading through 66 reviews reviews. Based on consistent feedback, we find an average quality rating of 5 out of 5 stars stars in these facilities.

The Mississippi State Department of Health, Division of Health Facilities Licensure and Certification, regulates and licenses memory care communities in Southaven and the rest of the state. This department establishes rules related to caregiving, staffing and housing, and it monitors compliance with state and federal standards through an annual licensing process and regular site visits.

 

• Baptist Memorial Hospital – DeSoto serves memory care residents in Southaven through a range of services, including inpatient, outpatient and emergency care. This 339-bed facility obtained national recognition as a top-performing medical facility and ranked as the first hospital in the region to offer open-heart surgery. Although it doesn’t provide neurology services, many memory care communities have concierge services to coordinate necessary medical care for residents.

 

• Out of Mississippi’s 82 ranked counties, Southaven’s DeSoto County ranks fifth for general health and in the top percentiles for health-related outcomes and factors. The overall life expectancy surpasses the state norm by over two years at 76.5, and of its Medicare beneficiaries, 55% obtain annual flu shots. Although there's only one medical care practitioner per 3,550 residents compared to the national rate of 1,310, memory care communities generally have on-call physicians who administer routine care and oversight.

 

• Southaven offers affordability with an overall cost of living that runs 12% lower than the national norm. Specifically, health care costs come 25% lower than related fees in a typical U.S. city, and housing prices run 34% lower than the national norm, promoting competitive memory care pricing. Additionally, the state funds the Assisted Living Waiver, which helps qualified individuals pay for local memory care costs.

 

• Mississippi doesn’t impose state income taxes on any form of retirement income, helping many seniors afford living and long-term care expenses in Southaven. While the state’s sales tax rate runs high at 7%, plus county and local sales tax, it exempts prescription medications.

 

• Approximately 35 crimes per 1,000 residents occur annually in Southaven, which exceeds norms in the state and nation as a whole, as well as typical crime rates in cities of its size. Fortunately, while property crime occurs at a much higher rate here than in most U.S. cities, the violent crime rate falls notably lower than state and national norms, especially in neighborhoods such as Dickens Place and Gardens of Belle Pointe. Memory care facilities support the safety of vulnerable residents through measures such as security gates and monitored surveillance cameras.

Note: Residential memory care is usually offered in assisted living facilities, and in general, memory care rates tend to be 20-30% higher than assisted living rates. No national database currently tracks memory care costs in the United States, so we've estimated the monthly memory care costs listed below by adding 25% to the rates listed in Genworth's 2021 Cost of Care Survey.

In Southaven, the baseline rate for memory care comes to $5,250 per month.

Memory care facilities in Southaven charge $5,250 monthly for residential services, surpassing the state norm of $4,375 but offering savings over the national median of $5,625. In Hattiesburg, rates run about $100 lower than in Southaven, and in Gulfport, residents spend about $500 less on care. However, in Jackson, rates exceed typical rates in Southaven by $188.

Seniors in Southaven pay $5,250 per month for memory care. By contrast, seniors in residential care facilities who don’t need dementia services pay $4,200 for basic personal care services. Those who live in their own homes pay $4,242 for private in-home care services, such as light housekeeping and assistance with daily living activities, as well as home health care services, such as vitals monitoring and rehabilitative therapies. Seniors can trim monthly care expenses by choosing adult day health care, which includes personal care and light medical services in a nonresidential community setting. However, memory care costs $1,840 less than nursing home care, which meets the needs of seniors who require 24-hour medical support.

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 Mississippi page.