AGE 65+ POPULATION (2017)                          50,858,679

AGE 65+ POPULATION (2020)                          56,052,000

AGE 65+ POPULATION (2030)                          73,138,000

• AGE 65+ POP. GROWTH 2017-2030                43.8%
  
• ANNUAL POP. GROWTH 2017-2030                   4.2%​
  

% OF AGE 75+ POPULATION LIVING IN MARKET

RATE IL, AL & MC COMMUNITIES  (2010)                     6.9%

% OF AGE 80+ POPULATION LIVING IN MARKET

​​RATE IL, AL & MC COMMUNITIES (2010)                    11.3%

% OF AGE 75-84 POPULATION NEEDING 

ASSISTANCE WITH ADL's (2013)                                  8.3%

% OF AGE 85+ POPULATION NEEDING

ASSISTANCE WITH ADL's (2013)                                20.4%              

Sources:

1) U.S. Census Bureau; 2017 Estimate of the Resident Population for Selected Age Groups...

2) Phil Downey and Larry Rouvelas, A Projection of Demand for Market Rate U.S. Seniors Housing 2010-2030; 

3) CDC/NCHS, National Health Interview Survey, January - June 2013. ​

U.S. DEMOGRAPHIC DATA

U.S. senIORS HOUSING DATA

GLOSSARY

AMERICAN SENIORS HOUSING ASSOCIATION (ASHA)  

www.seniorshousing.org

Since 1991, this Washington, DC-based trade group has been influencing policy-making.  Led by David Schless.

ASSISTED LIVING FEDERATION OF AMERICA (ALFA) 

www.alfa.org/alfa/ALFA_Update.asp

Since 1990, ALFA has advocated for choice, accessibility, independence, dignity, and quality of life for all seniors.

NATIONAL INVESTMENT CENTER FOR THE SENIORS HOUSING & CARE INDUSTRY (NIC)  

​www.nic.org

For 20 over years, NIC has provided data and facilitated informed investment in now $250 billion industry.

THE SENIOR CARE INVESTOR - SENIOR CARE BLOG

www.levinassociates.com/blogs

Published monthly by Irving Levin Associates, Inc.

​Edited by Steve Monroe.

INDEPENDENT LIVING (IL)  For seniors who pay for some services (e.g., housekeeping, transportation and meals) as part of a monthly fee or rental rate and who require little, if any, assistance with Activities of Daily Living (ADL's) such as bathing, dressing, eating and toileting.  Typically, IL units are not licensed for health care.  Residents of IL units may receive home health care services provided by an outside licensed agency or an affiliate of the operator.  IL communities generally have a dining facility that provides at least one daily meal as part of the monthly fee.

ASSISTED LIVING (AL)  For frail seniors who need assistance with ADL's, but do not require continuous skilled nursing care.  AL units can be located in a secured, stand-alone wing, floor or building, and typically have state licensure requirements for the delivery of assisted living services.

MEMORY CARE (MC)  For residents with significant cognitive impairments as a result of Alzheimer's disease or other dementia.  MC units are typically licensed as assisted living, but may have additional state licensure requirements. 

KEY LINKS

PROP'S IN TOP 100 MSA's     3Q17    2Q18    3Q18

 IL OCCUPANCY                           90.6%    90.2%     90.2%

AL OCCUPANCY                          86.4%     85.2%     85.3%

 IL STABILIZED OCC.                    91.4%     91.0%     90.9%

AL STABILIZED OCC.                    88.7%     87.9%     87.7%

 IL ANNUAL RENT GROWTH           2.3%       2.7%       3.1%

AL ANNUAL RENT GROWTH           3.2%       2.7%       2.6%

 IL ANNUAL INVEN. GROWTH         2.2%       2.3%       2.1%

AL ANNUAL INVEN. GROWTH         4.9%       4.6%       4.9%

​ IL ANNUAL ABSORPTION               1.8%       1.9%       1.6%

AL ANNUAL ABSORPTION               3.3%       3.3%       3.5%

MARKET INVENTORY                          IL               505,430 

                                                         AL              439.546      

AGE 75+ SUPPLY PENETRATION (2010)                       6.9%

AGE 80+ SUPPLY PENETRATION (2010)                     11.3%

Additional Sources:

1) NIC MAP database;

2) National Investment Center for the Seniors Housing and Long Term Care Industry 

3) ASHA, 2013 Seniors Housing Construction Trends Report.

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