4 Memory Care Facilities near Tipp City, OH
There are 4 Memory Care Facilities in the Tipp City area, with 2 in Tipp City and 2 nearby.
The average cost of memory care in Tipp City is $5,400 per month. This is higher than the national median of $4,790. Cheaper nearby regions include Troy with an average starting cost of $4,800.
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 Tipp City, call (855) 863-8283.
2 Memory Care Facilities in Tipp City, OH
2 Memory Care Facilities near Tipp City, OH
What to Consider About Memory Care in Tipp City
Located just north of Dayton, Tipp City is a small city with a population of 9,956 people. Some 16.2 percent of the population is made up of seniors, and some of these seniors are part of the 220,000 people in Ohio with Alzheimer's disease. Seniors in the community with Alzheimer's disease and other cognitive issues can reside in one of the area's four memory care facilities. The Ohio Department of Health regulates the city's memory care units and those statewide.
- While Tipp City's average cost of living is 4 percent higher than the state average, it's still 5 percent lower than the national average. Also, healthcare costs are 13 percent lower than the national average and 8 percent lower than the state average. This could prove helpful for seniors who have fixed incomes.
- The city's overall crime rate is 47 percent lower than the state and national average. The violent crime rate is 86 percent lower than the state average and 90 percent lower than the national average. When the low crime rate and the fact that memory care facilities in the area have added security measures in place is considered, family members shouldn't be too worried about their loved one's safety.
Tipp City has fairly moderate summer weather with high temperatures in July averaging 74 degrees. However, the winter months are cold and snowy, with low temperatures in January around 28 degrees. While the city gets the most precipitation in the spring and summer, snow in the winter months could make driving a bit difficult. This could limit the amount of time families have to visit loved ones residing in a memory care facility.
- Tipp City seniors don't need to worry about paying income tax on their Social Security payments. However, the state does charge a 2.97 percent income tax on withdrawals from retirement accounts and a partial income tax on pension payments, which could limit the amount of money available to cover memory care costs.
Paying for Memory Care in Tipp City
Average Monthly Costs
Cities in Ohio
Memory Care costs in Tipp City start around $5,400 per month on average, while the nationwide average cost of memory care is $4,869 per month.
It’s important to note that memory care rates in Tipp City 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 Tipp City
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 Tipp City
Tipp City 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 Tipp City, please visit our Memory Care in Ohio page.
Directory of Winners in the Tipp City Area
Memory Care Laws and Regulations in Tipp City
Tipp City-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.