Memory Care Communities in Lake Mary, Florida

Memory Care costs in Lake Mary start around $4,945 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 Lake Mary 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 Florida page.

With nearly one in 40 people experiencing Alzheimer’s disease in Florida, Lake Mary is prepared to support its residents living with various forms of dementia. Seniors and their families in the Lake Mary area can choose from 22 memory care facilities, known as Assisted Living Facilities (ALFs), where staff have been  trained by a Florida-approved instructor to work with people who have developed Alzheimer's or other memory impairments.

Seniors and their families who may be on a tight budget yet wish to find residential memory care support in Lake Mary may be happy to know that Florida is known as a retirement tax-friendly state. Income from a pension, Social security retirement benefits or an IRA or a 401(k) are all untaxed in Florida. 

• On a scale of A-F, the air quality in Seminole County has been given an A grade in both the ozone pollution and particle pollution categories by the American Lung Association. This suggests the Lake Mary area has clean air and few environmental pollutants that would aggravate any respiratory health conditions seniors might have.
• Lake Mary is considered more dangerous than nearly two-thirds of all cities and towns throughout the United States. There are 308 crimes annually, making Lake Mary's crime rate higher than 40 percent of all communities throughout Florida. Such high crime rates might deter some seniors or family members from selecting a memory care facility in the area and warrant an understanding of how memory care facilities keep residents safe. 
• Lake Mary's cost of living is approximately 21 percent more expensive than the national average cost of living and nine percent more expensive than the average across Florida. Seniors or family members searching for a memory care facility should consider how much they wish to spend when contemplating Lake Mary. 
• Lake Mary has few facilities from which to choose in the event of a medical emergency or illness, with the nearest major hospital, Central Florida Regional Hospital, located in Sanford.