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Assisted Living Statistics 2024: Senior Living by the Numbers

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Home care agencies are always looking for ways to serve their clients better and expand in the senior living industry. Staying informed on assisted living statistics for 2024, including the needs of assisted living residents, can help you refine your in-home care services to meet the demands of an aging population.

This article covers key insights into most assisted living communities and facilities, including trends in costs, the growing number of residents in assisted living care, and the shift toward seniors wanting to age in place. By leveraging these insights, your home care agency can adjust its offerings and marketing strategies to connect with families seeking solutions for their loved ones.

As a healthcare digital marketing agency, we specialize in using data to drive growth and generate leads, helping home care agencies like yours succeed.

How much does assisted living cost in the US on average?

The average cost of assisted living in the U.S. is about $4,500 per month, totaling approximately $54,000 annually. Understanding these assisted living costs allows home care agencies to help families compare the value of in-home care services with those provided in an assisted living community.

How much are home health jobs projected to grow in the next 10 years?

Home health and personal care aide jobs are projected to grow by 21% over the next decade, with about 718,900 job openings expected each year. This rapid growth reflects the increasing demand for in-home care, highlighting an opportunity for home care agencies to expand their workforce to meet the needs of the aging population.

What is the need for senior care expected to grow by by 2030?

With the demand for senior care expected to grow by nearly 80% by 2030, home care agencies have an opportunity to scale their services to meet this increasing need. This anticipated surge highlights the importance of diversifying care options, including in-home support and partnerships with assisted living communities, to stay ahead in the evolving senior care market.

How many people live in long-term care settings in the US?

Currently, 2.2 million people live in long-term care settings in the U.S., reflecting a large segment of the senior population that requires ongoing assistance at an assisted living or skilled nursing facility. Home care agencies can leverage this data by positioning their in-home care services as a personalized and flexible option for seniors who prefer to remain in their own homes while receiving necessary support.

How many assisted living facilities are there in the US?

There are approximately 30,600 assisted living communities with nearly 1.2 million licensed beds in the United States. For home care agencies, this highlights the competition within the senior care market and the importance of positioning in-home care services as a flexible and appealing alternative to assisted living facilities.

How many seniors are choosing to “age in place?”

Many older adults are choosing to age in place, with 77% of adults over the age of 50 preferring to remain in their own homes as they age. This preference underscores the growing demand for home care services that enable seniors to maintain independence while receiving necessary support in their familiar surroundings.

How many people live in assisted living facilities throughout the US?

Over 800,000 Americans live in assisted living facilities, relying on these communities for a blend of residential care and support with daily living activities. As the need for assisted living care continues to grow, there’s a clear opportunity to provide alternative options like in-home support, which can appeal to those seeking more personalized and flexible care arrangements.

How much is the number of people in assisted-living accommodations today expected to grow by 2040?

The number of assisted living residents is projected to more than double, reaching about two million by 2040. This rapid growth reflects the expanding senior population and the increasing demand for diverse assisted living services, pushing providers to adapt and cater to a broader range of needs, from independent living to more intensive medical treatment.

How long is the average length of stay in an assisted living facility?

On average, residents stay in assisted living facilities for about 22 months. This period reflects the transitional nature of many assisted living communities, where residents may move on to skilled nursing facilities or return to independent living. It highlights the importance of offering flexible care options to meet various senior needs.

How many people will require assisted living care in their lifetime?

Approximately 7 out of 10 people will need assisted living care at some point in their lives, reflecting the widespread need for supportive services among the aging population. This statistic emphasizes the growing demand for assisted living communities, residential care communities, and in-home care solutions in the broader senior living industry.

Get A PersonalizedDigital Marketing Strategy Built For Your Business with Sagapixel

The senior living industry is evolving rapidly, and highlighting the need for a customized marketing strategy for your home care agency to stay ahead. By understanding these top assisted living statistics and trends, you can refine your approach, connect with more families, and position your home care services as a top choice for senior care.

At Sagapixel, we create data-driven digital healthcare marketing strategies that cater to your business needs and help you reach your growth goals. Contact Sagapixel to schedule a call today and see how we can drive success for your home care agency.

Sources

“Assisted Living Facts and Figures.” American Health Care Association, National Center for Assisted Living. https://www.ahcancal.org/Assisted-Living/Facts-and-Figures/Pages/default.aspx

“Occupational Outlook Handbook: Home Health and Personal Care Aides.” U.S. Bureau of Labor Statistics. Aug. 29, 2024. https://www.bls.gov/ooh/healthcare/home-health-aides-and-personal-care-aides.htm

“7 Undervalued REITs to Protect Against a Housing Crisis.” Jeremy Flint. InvestorPlace. Oct. 17, 2023. https://investorplace.com/2023/10/7-undervalued-reits-to-protect-against-a-housing-crisis/

“Health Care and Insurance: Residential Care Communities.” National Center for Health Statistics. April 15, 2024. https://www.cdc.gov/nchs/fastats/residential-care-communities.html

“Aging In Place Statistics And Facts In 2024.” Deb Hipp. Forbes.

May 2, 2024. https://www.forbes.com/health/healthy-aging/aging-in-place-statistics/

“New Trends in Retirement Living.” Sherri Snelling. Next Avenue. June 27, 2022. https://www.nextavenue.org/new-trends-in-retirement-living/

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