4 Memory Care Facilities in Miami County, OH
The average cost of memory care in Miami County is $5,000 per month. This is higher than the national median of $4,790. Cheaper nearby regions include Darke County with an average starting cost of $4,560.
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 Miami County, call (855) 863-8283.
What to Consider About Memory Care in Miami County
Just over 105,000 people live in Miami County, Ohio, and more than 18 percent of those are 65 years of age or older, which puts them at greater risk of developing a memory-related disease such as dementia or Alzheimer's. It's estimated that there are already around 220,000 people living with Alzheimer's across the state of Ohio, and this number is expected to rise to 250,000 by the year 2025.
To help provide care for these residents, Miami County offers four memory care facilities, all of which are under the jurisdiction of the Ohio Department of Health as Residential Care Facilities (RCFs).
- Miami County has few facilities from which to choose in the event of a medical emergency or illness, with the nearest major hospital specializing in brain health and dementia care located in Dayton.
- Miami County is considered relatively safe when considering both violent and property crime, and the county seat of Troy is safer than 50 percent of cities across the United States. Property crime rates are almost 18 percent lower than the U.S. average, and violent crime rates come in almost 62 percent lower than the rest of the nation.
- When considering a location for memory care, it's important to look at overall cost of living, and Miami County fares well in this category. Healthcare costs are 13 percent lower than the U.S. average and 7 percent lower than Ohio's overall. Utilities, groceries and housing are all also cheaper than the rest of the nation, which may translate to additional savings.
- Ohio, including Miami County, offers some tax benefits for seniors, including no state tax on Social Security income and exemptions which could decrease the tax burden for those receiving IRA or 401(k) retirement.
Paying for Memory Care in Miami County
Average Monthly Costs
Counties in Ohio
Memory Care costs in Miami County start around $5,000 per month on average, while the nationwide average cost of memory care is $4,863 per month.
It’s important to note that memory care rates in Miami 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 Miami County
Learn more about these programs, plus who’s eligible, on our Memory Care in Ohio 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 Ohio page.
Free Memory Care Resources in Miami County
Miami 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 Miami County, please visit our Memory Care in Ohio page.
Directory of Winners in the Miami County Area
Memory Care Laws and Regulations in Miami County
Miami County-area memory care communities must adhere to the comprehensive set of state laws and regulations that all memory care communities in Ohio are required to follow. Visit our Memory Care in Ohio page for more information about these laws.