6 Memory Care Facilities near Waterford, WI
There are 6 Memory Care Facilities in the Waterford area, with 2 in Waterford and 4 nearby.
The average cost of memory care in Waterford is $5,350 per month. This is higher than the national median of $4,650. Cheaper nearby regions include Burlington with an average starting cost of $4,822.
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 Waterford, call (855) 863-8283.
2 Memory Care Facilities in Waterford, WI
4 Memory Care Facilities near Waterford, WI
Memory Care near Racine County, WI
More Options Near Waterford, WI
What to Consider About Memory Care in Waterford
The village of Waterford is home to just over 5,000 residents, but it has a large senior community that makes up nearly 20 percent of the population. It is located in Racine County, where over 10 percent of Medicare beneficiaries have been diagnosed with Alzheimer's disease.
Local families whose senior loved ones with Alzheimer's or another form of dementia have two memory care facilities to choose from, and there are three more in the nearby cities of Burlington, Muskego and Franklin. In Waterford, as in the rest of the state, memory care facilities are usually situated within community-based residential facilities and are licensed by the Wisconsin Department of Health Services.
Living expenses are a little higher in Waterford than in the state and the nation as a whole, which may be a consideration for families with tight memory care budgets. The overall cost of living is about 10 percent higher than the national average, and healthcare expenses run about 7 percent higher than the national average.
- Waterford is a safe community, making it a good option for security-minded families seeking memory care for their loved ones. The crime index for the village is 89 out of 100, meaning that it is safer than 89 percent of cities across the country, and its overall crime rate is lower than 81 percent of Wisconsin cities.
- Waterford has warm, humid summers with July highs in the low 80s and cold, snowy winters with January lows in the teens. The village gets an average of 40 inches of annual snowfall, compared to the national average of 26 inches, which may be a consideration for families who travel during the winter months to visit loved ones in memory care.
- In Wisconsin, Social Security and public pension income are not taxed at the state level, but all other types of retirement income are fully taxable. This may affect how much money can be budgeted toward memory care in Waterford.
Paying for Memory Care in Waterford
Average Monthly Costs
Cities in Wisconsin
Memory Care costs in Waterford start around $5,350 per month on average, while the nationwide average cost of memory care is $4,798 per month.
It’s important to note that memory care rates in Waterford 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 Waterford
Learn more about these programs, plus who’s eligible, on our Memory Care in Wisconsin 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 Wisconsin page.
Free Memory Care Resources in Waterford
Waterford 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 Waterford, please visit our Assisted Living in Wisconsin page.
Memory Care Facilities in Waterford
Directory of Winners in the Waterford Area
Memory Care Laws and Regulations in Waterford
Waterford-area assisted living communities must adhere to the comprehensive set of state laws and regulations that all assisted living communities in Wisconsin are required to follow. Visit our Memory Care in Wisconsin page for more information about these laws.