Understanding U.S Assisted Living Market Penetration: Insights from 99 Geographic Markets
New study shows assisted living occupied penetration rates are not determined by any single factor but by alignment of forces across a market
This in-depth analysis of assisted living occupied penetration rates across 99 geographic markets sheds light on why some U.S. metropolitan areas are achieving greater percentages of older adults in need residing in assisted living than others.
Assisted living makes up a significant portion of the U.S. senior housing and care market and, as Baby Boomers continue to age, the number of individuals requiring assisted living services will grow. Yet some U.S. markets have higher shares of households aged 75+ residing in assisted living than others.
The wide variations between regions cannot be explained by demographics or economics alone. Instead, as this study shows, higher adoption occurs when multiple conditions align.
The data confirm: market potential and market penetration are not the same thing.
Executive Summary: Understanding U.S. Assisted Living Market Penetration: Insights from 99 Geographic Markets
Full Report below:
AL Pen Report_Final_021626