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The 10 Best Memory Care Facilities in Riverdale, NY for 2024

Memory Care Facilities in Riverdale, New York

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On this page:

  • Memory Care Facilities in Riverdale, New York
  • What to Consider About Memory Care in Riverdale
  • Paying for Memory Care in Riverdale
  • Financial Assistance for Memory Care in Riverdale
  • Free Memory Care Resources in Riverdale
  • Memory Care Laws and Regulations in Riverdale

What to Consider About Memory Care in Riverdale

Riverdale, New York, is a neighborhood in the Bronx borough that has an estimated population of 112,205, with approximately 12.3 percent of Bronx residents 65 and older. Approximately 400,000 New York residents have Alzheimer’s disease, and for those in Riverdale, there are two memory care facilities in the city and 20 in nearby areas, including Paramus and Mount Vernon.

In Riverdale and all of New York, adult care facilities are licensed by the Department of Health, with three categories based on level of care. Those that provide memory care are called assisted living residences (ALRs) and are required to meet certain requirements that include but aren’t limited to staffing and facility security. One such requirement is that the facility must be self-contained without being fully locked and have delayed-egress systems on external doors.  

Benefits and Drawbacks of Memory Care in Riverdale

  • The cost of living in the Bronx, of which Riverdale is a part, is 165.8. Comparatively, the U.S. average is 100 and the New York state average is 129. The higher living cost may be reflected in memory care facility costs and in other areas such as health care, groceries and transportation.
  • New York state doesn’t tax Social Security benefits. This may help Riverdale memory care residents and their families offset the higher living costs. Other types of retirement income, such as IRA accounts, are deductible up to $20,000.
  • Riverdale and the Bronx ranks 61 out of 100 on Sperling’s Comfort Index, while the U.S. average ranking is 54. This means Riverdale has more comfortable days between 70 and 80 degrees for memory care residents to enjoy than the rest of the United States in general. Winters in Riverdale can be harsh, with January lows reaching around 26 degrees.
  • The Bronx, which includes Riverdale, is home to world-class medical facilities, including those specializing in brain health and dementia care such as Montefiore Medical Center, in the event of medical emergencies or illness.

Paying for Memory Care in Riverdale

Memory Care costs in Riverdale start around $10,295 per month on average, while the nationwide average cost of memory care is $5,694 per month.

It’s important to note that memory care rates in Riverdale 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.

Cities in New York

Riverdale

$10,295

Mount Vernon

$7,904

Cresskill

$7,734

Paramus

$6,978

Yonkers

$6,657

Hillsdale

$6,500

US

$5,694

Financial Assistance for Memory Care in Riverdale

Learn more about these programs, plus who’s eligible, on our Memory Care in New York 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 New York page.

Free Memory Care Resources in Riverdale

Riverdale 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 Riverdale, please visit our Memory Care in New York page.

Memory Care Laws and Regulations in Riverdale

Riverdale-area memory care communities must adhere to the comprehensive set of state laws and regulations that all memory care communities in New York are required to follow. Visit our Memory Care in New York page for more information about these laws.

Memory Care Facilities near Riverdale, NY

YonkersEnglewoodCresskillMount VernonNew RochelleParamus

Other Options in Riverdale, NY

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Caring.com

Caring.com is a leading online destination for caregivers seeking information and support as they care for aging parents, spouses, and other loved ones. We offer thousands of original articles, helpful tools, advice from more than 50 leading experts, a community of caregivers, and a comprehensive directory of caregiving services.

 

The material on this site is for informational purposes only and is not a substitute for legal, financial, professional, or medical advice or diagnosis or treatment. By using our website, you agree to the Terms of Use and Privacy Policy

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