Memory Care Communities in Germantown, TN

Memory Care costs in Germantown start around $5,562 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 Germantown 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.

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.

Germantown has a population of just over 39,000, with 20 percent over the age of 65. Those individuals who have been diagnosed with Alzheimer’s disease and dementia help make up the 120,000 in the state with cognitive impairments. To accommodate these individuals, there are 13 memory care facilities located in the area. Regulated by the Tennessee Department of Health, memory care facilities in Germantown and in the state are called residential homes for the aged. They offer room and board and personal care services to four or more non-related individuals.

The state of Tennessee doesn’t have a standard income tax, which means all forms of retirement income are untaxed at the state level. This means seniors and their families will have more money to pay for memory care in Germantown.

• The city of Germantown is home to world-class medical facilities, including those specializing in brain health and dementia care, such as the Methodist Le Bonheur Healthcare Center and the Baptist Memorial Rehabilitation Hospital, in the event of medical emergencies or illness.
• The cost of living in Germantown is 121.6, which is higher than the national average of 100 and higher than the state average of 96, which means other areas close by may be more affordable. Seniors in memory care facilities may pay more to live in Germantown. 
• Families and seniors in Germantown will find safe neighborhoods within the city limits due to a crime rate that is 51 percent lower than the national average. Individuals have a one in 75 chance of becoming a victim of any type of crime.
• Germantown experiences hot and humid summers with average July highs around 91 degrees. Winters are short and cold with average January lows around 30. The city does get around two inches of snow per year, which may not be ideal for individuals who are trying to escape the snowy northern states.