Memory Care Communities in Mount Juliet, Tennessee

In Mount Juliet, residential facilities offering memory care charge $5,125 monthly, which is on par with the state average and offers $500 in savings over the median nationwide. Elsewhere, costs are similar, such as in Chattanooga at $5,275 and Jackson at $5,300, but in Cleveland, they are higher at $6,044. Meanwhile, residents in Knoxville benefit from some of the lowest charges, paying $4,779 per month.

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.

Memory care in Mount Juliet costs $5,125 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 Tennessee page.

The average monthly cost of memory care in Mount Juliet is $5,125 which is higher than other options, but it offers specialized dementia care in return. Seniors at home can receive personal care and medical services at a lower cost of $4,767. Meanwhile, assisted living without cognitive programming costs even less at $4,100 with similar residential accommodations. Adults living at home and in need of daytime supervision pay less at $1,842 per month.

The Tennessee Department of Health oversees the Board of Licensing and the Office of Health Care Facilities. Working together, these offices regulate, inspect and license residential assisted living and memory care facilities and provide a searchable online database of facilities.

 

• Mount Juliet's proximity to Nashville affords access to comprehensive, advanced health services at the Cognitive Medicine and Dementia Care Center at top-ranked Vanderbilt Health's anchor location, Vanderbilt University Medical Center. Additional specialties at Vanderbilt include heart, vascular and lung health, a comprehensive cancer center and a nationally recognized diabetes center.
• Support for older adults living with dementia and Alzheimer's in the Mount Juliet area includes a monthly Memory Cafe hosted by FiftyForward Knowles Center in Nashville. The no-cost gathering offers lunch and musical entertainment by local artists and an opportunity for seniors and caregivers to network and engage in a dementia-friendly environment.
• Although the cost of living is 13.4% higher than the national average, this is mainly due to housing prices, which are still reasonable overall. Seniors living in residential memory care facilities have fixed rental costs, helping to make budgeting for housing expenses easier in the long term.
• The climate in Mount Juliet is temperate, offering relatively mild winters with very little snow and a low temperature of 27 degrees and hot, humid summers with a high temperature of around 89 degrees. In spring and fall, mild weather and the abundant natural beauty of the rolling forests blanket the region in color.
• Tennessee is a tax-friendly state for retirement. The state is one of the few in the nation that does not tax retirement income. Therefore, seniors pay no capital gains on retirement, pension or Social Security benefits, nor on withdrawals from IRA or 401(k) savings accounts.
• Mount Juliet's proactive police department and close-knit community translate to low crime rates and a generally safe city environment for seniors, families and young professionals alike. According to recent data, the rate of violent and property crimes has been steadily declining over the years and is below the national average.