20 Memory Care Facilities near Lakeway, TX
Also serving communities of Marble Falls, Horseshoe Bay.
There are 20 Memory Care Facilities in the Lakeway area, with 3 in Lakeway and 17 nearby.
The average cost of memory care in Lakeway is $5,673 per month. This is higher than the national median of $4,790. Cheaper nearby regions include Cedar Park with an average starting cost of $4,654.
To help you with your search, browse the 21 reviews below for memory care facilities in Lakeway. Better rated regions include Cedar Park with an average rating of 4.3 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 Lakeway, call (855) 863-8283.
3 Memory Care Facilities in Lakeway, TX
17 Memory Care Facilities near Lakeway, TX
What to Consider About Memory Care in Lakeway
Lakeway is a quiet, safe suburb of the Texas capital city of Austin. In Texas the estimate of residents with Alzheimer's disease or dementia is over 380,000; to care for these folks, Lakeway offers 11 memory care facilities. Some memory care facilities in Lakeway are dedicated Alzheimer's care homes, subject to specific state regulations that focus on staff training and certification. In addition, many assisted living communities in Lakeway have a separate secure wing for memory care residents to facilitate aging in place.
Texas stipulates that Alzheimer's and dementia care be provided in Type B nursing care facilities, accommodating those who would be unable to evacuate in an emergency without staff assistance and those who require overnight supervision and aid. Texas's senior living campuses that are certified Alzheimer's care facilities admit only those with a physician's diagnosis of dementia or Alzheimer's disease.
Lakeway's climate is balmy and warm, although summer highs regularly reach over 90 degrees. Memory care residents with certain health conditions may be uncomfortable in the summer. Winters are typically mild and snow-free and may sooth aging joints.
- Texas does not have a state tax on income, which includes monies from Social Security benefits and retirement accounts. Families helping loved ones afford memory care may have a bit of extra income to work with. Although property taxes and sales tax are higher in Texas than many other states, this shouldn't impact budgets for those in memory care.
- The cost of living in Lakeway is significantly higher than the national average, although high housing costs are the reason. Grocery and health-care costs are lower than many other parts of the country. The higher cost of housing may affect prices for memory care housing.
- The Lakeway area is home to world-class medical facilities, including those specializing in brain health and dementia care such as Cross Creek Hospital and St. David's Health Care Center, in the event of medical emergencies or illness.
Paying for Memory Care in Lakeway
Average Monthly Costs
Cities in Texas
Memory Care costs in Lakeway start around $5,673 per month on average, while the nationwide average cost of memory care is $4,897 per month.
It’s important to note that memory care rates in Lakeway 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 Lakeway
Learn more about these programs, plus who’s eligible, on our Memory Care in Texas 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 Texas page.
Free Memory Care Resources in Lakeway
Lakeway 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 Lakeway, please visit our Memory Care in Texas page.
Memory Care Laws and Regulations in Lakeway
Lakeway-area memory care communities must adhere to the comprehensive set of state laws and regulations that all memory care communities in Texas are required to follow. Visit our Memory Care in Texas page for more information about these laws.