Memory Care Communities in Beaver Dam, Wisconsin

Memory care rates in Beaver Dam come in at around $8,500, tracking well above Wisconsin’s norm of $6,875 and the national baseline of $6,688, as well as rates in nearby cities. In Milwaukee, rates run about $770 lower than in Beaver Dam, and in Racine, seniors pay around $875 less for care. Similarly, rates in Janesville come to approximately $7,555, and in Oshkosh, memory care facilities charge roughly $7,469, providing about $1,000 in monthly savings over Beaver Dam’s median.

Note: Residential memory care is usually offered in assisted living facilities, and in general, memory care rates tend to be 20-30% higher than assisted living rates. No national database currently tracks memory care costs in the United States, so we've estimated the monthly memory care costs listed below by adding 25% to the rates listed in Genworth's 2021 Cost of Care Survey.

Memory care residents in Beaver Dam pay approximately $8,500 per month for specialized services.

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 Wisconsin page.

With monthly rates coming in around $8,500, memory care ranks as the costliest senior care solution in Beaver Dam. Seniors in nursing homes pay about $135 less for 24-hour specialized medical support in an institutional environment. Additionally, those in assisted living facilities pay lower rates of $6,800 for basic personal care services, meals and recreational activities.

The Wisconsin Department of Health Services regulates memory care facilities in Beaver Dam and requires them to obtain annual licensure and undergo regular inspections. The department publishes rules about the scope of services facilities must provide and their responsibilities regarding staff screening and training. It also provides information on residents’ rights and what to do in instances of substandard care.

• Beaver Dam's cost of living comes in at 84.4, about 16% below the national average and 6% below Wisconsin's norm, marking it as a budget-friendly place to obtain memory care services. Qualified seniors obtain financial assistance through a state-funded program, further reducing out-of-pocket living and long-term care costs.
• Beaver Dam has long, hot summers, with daytime temperatures falling between 70 and 81 degrees Fahrenheit. Winters are cold and snowy, with 20 inches of annual snowfall and nighttime lows of between 12 and 24 degrees Fahrenheit. To help residents remain safe, especially during dangerous weather conditions, memory care communities have optimized security features, such as monitored exit points and fully enclosed outdoor living areas.
• Beaver Dam offers dementia-friendly resources for seniors and families, including a local memory café, as well as educational opportunities and support through the state. These resources can help seniors and families connect with community members and supplement the services they obtain through memory care facilities.
• The AARP Livability Index gives Beaver Dam a score of 54 to reflect the amenities and benefits it provides for seniors. The rate of preventable hospitalizations runs lower than the national norm at a rate of 31.8 incidents per 1,000 patients, indicating access to outpatient medical services, and the city’s clean air supports the health of memory care residents living with chronic lung or heart conditions.
• Beaver Dam ranks as safer than 55% of U.S. communities and 64% of cities across Wisconsin. Crime occurs less often here than in cities with similar population sizes, making it an attractive option for families seeking memory care services in southern Wisconsin. Annually, residents see about eight crimes per 1,000 people, and neighborhoods such as Fox Lake Junction and Beaver Dam Northeast see even lower rates.
• Seniors in Beaver Dam don’t pay state income taxes on their Social Security benefits or income from public pensions. Although the state taxes other types of retirement income, it helps older adults reduce their tax liability through a retirement income exclusion, which may help some afford memory care.