GITNUX MARKETDATA REPORT 2024

Statistics About The Average Cost Of Assisted Living In Texas

The average cost of assisted living in Texas is around $3,795 per month.

With sources from: aplaceformom.com, genworth.com, seniorliving.org, senioradvice.com and many more

Statistic 1

92% of Texas assisted living facilities provide Alzheimer's and dementia care.

Statistic 2

Texas is below the national average of $4,300 per month for assisted living costs.

Statistic 3

Average cost for a private one-bedroom unit in an assisted living facility in Texas is $4,245 per month.

Statistic 4

Median stay in an assisted living facility in Texas is 22 months.

Statistic 5

The most expensive city in Texas for assisted living is Austin with an average monthly cost of $5,000.

Statistic 6

Nearly 48% of assisted living residents in Texas require help with three or more activities of daily living.

Statistic 7

The elderly population in Texas is projected to increase by 79% by 2050.

Statistic 8

The least expensive city in Texas for assisted living is Texarkana with an average monthly cost of $2,600.

Statistic 9

Around 60% of Texas residents pay privately for assisted living.

Statistic 10

In Texas, the cost of assisted living services for an entire year is approximately $45,000.

Statistic 11

Costs for assisted living in Texas have increased by 1.8% annually.

Statistic 12

Houston's average cost for assisted living is approximately $3,863 per month.

Statistic 13

Around 30% of assisted living residents in Texas have a form of dementia.

Statistic 14

Austin’s average monthly cost is about $5,000 for assisted living.

Statistic 15

Dallas/Fort Worth area has an average cost of $4,150 per month for assisted living.

Statistic 16

82% of Assisted living residents in Texas are 75 years or older.

Statistic 17

The average cost of assisted living in Texas is $3,750 per month.

Statistic 18

The cost of assisted living in Texas is expected to rise by 4% annually.

Statistic 19

Percentage of assisted living facilities in Texas that accept Medicaid is approximately 40%.

Statistic 20

San Antonio reports an average cost of $3,975 per month.

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In this post, we will explore the average cost of assisted living in Texas, along with various statistics and trends that shed light on the affordability and prevalence of such facilities in the state. From the percentage of facilities offering specialized care to the projected increase in the elderly population, these numbers paint a comprehensive picture of the assisted living landscape in Texas. Let’s dive into the data to gain a deeper understanding of the financial implications and care options available for seniors in the Lone Star State.

Statistic 1

"92% of Texas assisted living facilities provide Alzheimer's and dementia care."

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Statistic 2

"Texas is below the national average of $4,300 per month for assisted living costs."

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Statistic 3

"Average cost for a private one-bedroom unit in an assisted living facility in Texas is $4,245 per month."

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Statistic 4

"Median stay in an assisted living facility in Texas is 22 months."

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Statistic 5

"The most expensive city in Texas for assisted living is Austin with an average monthly cost of $5,000."

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Statistic 6

"Nearly 48% of assisted living residents in Texas require help with three or more activities of daily living."

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Statistic 7

"The elderly population in Texas is projected to increase by 79% by 2050."

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Statistic 8

"The least expensive city in Texas for assisted living is Texarkana with an average monthly cost of $2,600."

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Statistic 9

"Around 60% of Texas residents pay privately for assisted living."

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Statistic 10

"In Texas, the cost of assisted living services for an entire year is approximately $45,000."

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Statistic 11

"Costs for assisted living in Texas have increased by 1.8% annually."

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Statistic 12

"Houston's average cost for assisted living is approximately $3,863 per month."

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Statistic 13

"Around 30% of assisted living residents in Texas have a form of dementia."

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Statistic 14

"Austin’s average monthly cost is about $5,000 for assisted living."

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Statistic 15

"Dallas/Fort Worth area has an average cost of $4,150 per month for assisted living."

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Statistic 16

"82% of Assisted living residents in Texas are 75 years or older."

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Statistic 17

"The average cost of assisted living in Texas is $3,750 per month."

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Statistic 18

"The cost of assisted living in Texas is expected to rise by 4% annually."

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Statistic 19

"Percentage of assisted living facilities in Texas that accept Medicaid is approximately 40%."

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Statistic 20

"San Antonio reports an average cost of $3,975 per month."

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Interpretation

In conclusion, the statistics regarding the average cost of assisted living in Texas highlight a range of factors influencing the affordability and accessibility of care for senior residents. With a diverse landscape of costs across different cities, such as Austin being the most expensive and Texarkana the least expensive, individuals and families must consider various options when planning for assisted living expenses. The projected increase in the elderly population, coupled with rising costs and the prevalence of Alzheimer's and dementia care, underscores the importance of financial planning and informed decision-making in navigating long-term care options in Texas.

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