Memory Care Communities in Oxford, Mississippi

Memory Care costs in Oxford start around $4,430 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 Oxford 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 Mississippi page.

Oxford is primarily known as a college town, but the city has a sizable population of adults over 65, who comprise nearly 12 percent of its 24,000 residents. Oxford has two memory care facilities for residents with Alzheimer's disease and other forms of dementia. Nearby Memphis, Tennessee offers nine more.

In Oxford, as in the rest of Mississippi, memory care facilities are known as personal care home-residential living centers. By state law, these facilities must be licensed to provide 24/7 care for residents needing mental health services or assistance with activities of daily living (ADLs).

• Oxford has a true four-season climate, with hot summers and surprisingly cool winters for its Deep South locale. The average January low dips below 30 degrees, and the city gets an average of two inches of snow per year. But with 217 annual sunny days, Oxford is a fantastic place for memory care residents to enjoy supervised outdoor recreation.
• The cost of living in Oxford is right in line with the national average. The city's housing costs, which are 17 percent higher than in a typical U.S. city, bring up Oxford's overall living costs. The cost of transportation in Oxford is 25 percent lower than average — welcome news for family members of memory care residents who live nearby and make frequent trips to see their loved one.
• Older adults enjoy highly friendly tax treatment in Mississippi, which exempts all retirement income, including Social Security, from taxation. The state also has lower-than-average property taxes. Because their tax burden is so low, memory care residents have more money in their pockets to spend on quality care.
• Oxford offers a safe environment for memory care residents. The city's property and violent crime rates are less than half the state averages, and they are lower than the national averages, as well. With features such as cameras, guards, and secure entrances, memory care facilities provide an extra layer of protection to keep residents safe from crime.