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Number of senior housing communities in the U.S. 2020, by region

As of the second quarter 2020, there were 3,672 senior housing communities in the Southeast region of the United States. This was the region with the most senior housing communities in the country. The Southeast region includes the following U.S. states: Alabama, DC, Florida, Georgia, Kentucky, Maryland, North Carolina, South Carolina, Tennessee, Virginia and West Virginia.

Why are southern states so popular among retirees?

The southern U.S. states are popular destinations for retirees due to the warm, sunny climate and relatively low crime rates. Average monthly rents for senior housing in that region are on the lower end of the scale, which is another advantage for retirees looking to relocate for their next life stage. The large number of senior housing communities in the region may be a reason for the lower costs.

Future of seniors housing in the U.S.

The number of Americans aged 65 years and older is forecast to rise until at least 2050, which indicates that demand for seniors housing will also continue to rise. Approximately 17 percent of North American respondents said that they would move into a senior living community in an urban environment if money is not an obstacle when they’re over 80 years old.

Volume of senior housing communities in the United States as of 2nd quarter 2020, by region

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Source

Release date

July 2020

Region

United States

Survey time period

Q2 2020

Supplementary notes

Note: Northeast – CT, DE, ME, MA, NH, NJ, NY, PA, RI, VT Southeast – AL, DC, FL, GA, KY, MD, NC, SC, TN, VA, WV North Central – IA, IL, IN, MI, MN, NE, ND, OH, SD, WI South Central – AR, KS, LA, OK, TX, MO, MS West – AK, AZ, CA, CO, HI, ID, MT, NM, NV, OR, UT, WA, WY

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Statistics on "Housing for seniors in the United States"

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