16 Memory Care Facilities near Franklin, TN
Also serving communities of Spring Hill, Columbia.
There are 16 Memory Care Facilities in the Franklin area, with 5 in Franklin and 11 nearby.
The average cost of memory care in Franklin is $5,160 per month. This is higher than the national median of $4,650. Cheaper nearby regions include Brentwood with an average starting cost of $5,090.
To help you with your search, browse the 6 reviews below for memory care facilities in Franklin. Better rated regions include Brentwood with an average rating of 4.0 out of 5 stars.
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 Franklin, call (855) 863-8283.
5 Memory Care Facilities in Franklin, TN
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11 Memory Care Facilities near Franklin, TN
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Memory Care near Franklin, TN
Other Options in Franklin, TN
Memory Care near Williamson County, TN
More Options Near Franklin, TN
What to Consider About Memory Care in Franklin
Franklin, Tennessee, is a charming historic village with 62,000 residents, including 6,305 seniors. As the population ages, Alzheimer's disease and various forms of dementia have affected a growing number of Tennesseans. About 110,000 of the state's residents suffer from the disease, according to Alzheimer's Tennessee.
Families in Williamson County and Franklin can choose from 35 qualified facilities to care for their loved ones who require round-the-clock supervision. The Tennessee Department of Health's Board for Licensing Health Care Facilities currently allows assisted care living facilities and residential homes for the aged to admit adults with dementia and Alzheimer's in all but the last stages of the disease. Before admission, facilities must complete a comprehensive intake screening to ensure that they can adequately meet the resident's needs.
- Franklin is located in an affluent area in the state's wealthiest county. Consequently, the cost of living is noticeably higher than neighboring areas. Residents spend 46 percent more on essential living expenses compared to the national average. Health care expenses are 7 percent higher than the U.S. average, but they're 15 percent lower than the average for Tennessee.
- Seniors enjoy a strong sense of security due to Franklin's low crime rate. The community has a violent crime index of 13 compared to the national average of 31. Property crimes are also lower, with a local score of 26 compared to 38 nationally. Additionally, memory care facilities have numerous safeguards in place to protect residents who might become confused or disoriented at times.
- Tennessee has attractive tax policies for retirees. There's no tax on individual income, so seniors can keep more of their IRA and 401(k) distributions and their Social Security benefits and pension payments. These favorable tax policies offset the higher cost of living and help residents manage necessary medical expenses better.
- The Franklin area is home to several first-class medical facilities, including those specializing in brain health and dementia care, such as Saint Thomas Medical Partners – Neurology – Franklin, the Brain and Nerve Neurology, Advanced Neurosciences Institute and the Vanderbilt Memory & Alzheimer's Center. Williamson Medical Center is also nearby in the event of medical emergencies or illness.
Paying for Memory Care in Franklin
Average Monthly Costs
Cities in Tennessee
Memory Care costs in Franklin start around $5,160 per month on average, while the nationwide average cost of memory care is $4,799 per month.
It’s important to note that memory care rates in Franklin 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 Franklin
Learn more about these programs, plus who’s eligible, on our Memory Care in Tennessee 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 Tennessee page.
Free Memory Care Resources in Franklin
Franklin 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.
To see a list of free memory care resources in Franklin, please visit our Assisted Living in Tennessee page.
Memory Care Facilities in Franklin
Directory of Winners in Franklin Area
Memory Care Laws and Regulations in Franklin
Franklin-area assisted living communities must adhere to the comprehensive set of state laws and regulations that all assisted living communities in Tennessee are required to follow. Visit our Memory Care in Tennessee page for more information about these laws.