Assisted living is 16% of elder housing market: report

Share this content:
Assisted living is 16% of elder housing market: report
Assisted living is 16% of elder housing market: report

Assisted living comes in second to skilled nursing in housing the elderly outside of traditional homes, according to the latest “SK&A U.S. Elder Care Market Summary.”

Skilled nursing centers represent 67% of the seniors housing and care market, whereas assisted living has 16% of the market, according to the report. The SK&A report lists assisted living separately from personal care and board-and-care facilities, each of which it said represents approximately 1% of the market.

Retirement/residential (independent living) is the third-largest category, at 4% of the market.

Memory care has 2% of the market, according to the report.

Sign up for newsletters

In Focus

Nov. 22

Mailed merriment

Eden Prairie, MN

Some recipients of holiday cards from New Perspective Senior Living this year are in for a special treat.