Memory Care Communities in Mooresville, North Carolina

Seniors in Mooresville pay an average monthly rate of $5,500 for memory care, which is hundreds of dollars higher than the North Carolina norm of $5,013 but competitive compared to the national rate of $5,625. Rates vary considerably throughout the region, with seniors in Fayetteville spending about 32% less on memory care expenses and seniors in Asheville paying about 14% more for care. In Hickory, monthly care costs are competitive compared to Mooresville’s average at $4,404, and in Greensboro, seniors pay $4,750 for residential services.

 

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.

In Mooresville, residential memory care costs approximately $5,500 per month.

 

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 North Carolina page.

Memory care facilities in Mooresville charge $5,500 per month for housing and dementia support. Although this is well below nursing home rates of $7,756, it’s hundreds of dollars more than the cost of other senior care types. For example, seniors who obtain skilled home health care services in their own homes pay 13% less for services than memory care residents, and those who only need custodial services pay $4,668. Similarly, seniors pay $4,400 per month for standard assisted living, and those who attend adult day health care facilities pay $1,192 for services.

 

In Mooresville, as well as in the rest of North Carolina, memory care facilities may be located in adult care homes or multi unit assisted housing with services facilities. The North Carolina Division of Health Service Regulation licenses both types of facilities and imposes rules for resident-to-caregiver ratios, staff training and building security.  

 

• North Carolina has a flat state income tax rate of 4.99%, and unlike most states, it doesn’t provide exemptions or deductions on retirement income from savings accounts and pensions. However, it doesn’t impose state income taxes on Social Security benefits, which may help some seniors afford memory care in the Mooresville region.
• Summers in Mooresville are warm and humid, with daytime highs ranging from 80 to 88 degrees Fahrenheit and muggy conditions 20% of the time. Winters are mild, however, with daytime temperatures falling between 51 and 58 degrees Fahrenheit, and nighttime lows seldom dipping below 20 degrees Fahrenheit. Additionally, the city only gets about 5 inches of annual snowfall, most of which comes in January. This may make travel easy for those visiting loved ones in local memory care facilities.
• The American Lung Association reports that the air quality in the Charlotte metropolitan area, where Mooresville is located, is subpar. Out of 227 metropolitan areas nationwide, it rates as the 41st worst for ozone pollution, and it’s the 63rd worst out of 200 metropolitan areas for annual particle pollution. Fortunately, many memory care facilities have air purification systems to support the health of seniors sensitive to environmental irritants.
• The Iredell County Area Transportation System provides public transportation services in Mooresville and the surrounding region, including fixed routes and a demand-response service. This can help those who don’t drive visit loved ones in local memory care facilities, as well as provide an alternative to facility-based transportation services.
• Lake Norman Regional Medical Center is a 123-bed acute care hospital in Mooresville proper. It offers a full range of inpatient and outpatient services, including 24-hour emergency care, outpatient surgery and orthopedics. It also offers the latest technology in neurological care and treats seniors living with Alzheimer’s and other forms of dementia.