Memory Care Communities in Oakwood, Georgia

Memory Care costs in Oakwood start around $0 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 Oakwood 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 Georgia page.

Oakwood, Georgia, is home to about 3,970 people, including 336 who are aged 65 or older. In Hall County, 11.6 percent of Medicare beneficiaries are estimated to have Alzheimer's disease or related dementias, and many of these patients require the supervision and assistance offered by memory care units.

The Georgia Department of Community Health has established licensing requirements and oversees living conditions and operating procedures within these communities. One such facility is in Oakwood, and neighboring Gainesville is home to three additional memory care units.

• Oakwood's cost of living is 93.1, which is lower than the U.S. average of 100. In particular, housing costs are significantly less than the state or the country. Although healthcare is somewhat higher, memory care in Oakwood could be more affordable than other areas.
• Tax laws in Georgia favor residents aged 65 and older. After retirement, Social Security payments and up to $65,000 in annual income are exempt from taxes. The state sales tax is just 4 percent, but localities can add a surcharge of up to 4.9 percent. Still, seniors who are on a fixed income may be able to expand their budgets thanks to these tax advantages.
• Sperling's BestPlaces gives the climate in Oakwood a rating of 67 out of 100. The yearly temperature span is 60 degrees, ranging from 31 in winter to 88 in summer. The area's rating benefited from the number of pleasant days but was penalized for its elevated humidity. Sunny days surpass the national average by 13. Although the area only receives 2 inches of snow per year, it also gets 54 inches of rain.
• The violent crime rate in Oakwood is lower than average, but the property crime rate is higher than most U.S. cities. For added safety, memory care units are required to have adequate security measures to keep patients within the premises. Knowing that their loved ones are safe in a secured unit may provide peace of mind for some families.