Assisted Living Facilities for the Elderly - Market Size, Financial Statistics, Industry Trends

Industry Overview

This U.S. industry comprises establishments primarily engaged in providing residential and personal care services without nursing care for (1) the elderly or other persons who are unable to fully care for themselves and/or (2) the elderly or other persons who do not desire to live independently. The care typically includes room, board, supervision, and assistance in daily living, such as housekeeping services. Illustrative Examples: Assisted living facilities for the elderly without nursing care Rest homes without nursing care Cross-References.
Source: U.S. Census Bureau

Assisted Living Facilities for the Elderly Market Size

This report includes historical and forecasted market sizes and industry trends for Assisted Living Facilities for the Elderly. It reveals overall market dynamics from 2020 through the present, and predicts industry growth or shrinkage through 2030. Revenue data include both public and private companies in the Assisted Living Facilities for the Elderly industry.

	Historical					Forecasted
	2020	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030
Market Size (Total Revenue)	Included in Report
% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company

Source: U.S. government financial data



Pell Research's advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size statistics include revenue generated from all products and services sold within the Assisted Living Facilities for the Elderly industry.

Geographic Breakdown by U.S. State

Assisted Living Facilities for the Elderly market share by state pinpoints local opportunities based on regional revenue statistics. Growth rate for each state is affected by regional economic conditions. Data by state can be used to locate profitable and nonprofitable locations for Assisted Living Facilities for the Elderly companies in the United States.

Distribution by Company Size

Company Size	All Industries	Assisted Living Facilities for the Elderly
Small Business (< 5 Employees)	Included
Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Industry Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:

• Cost of goods sold
• Compensation of officers
• Salaries and wages
• Employee benefit programs
• Rent paid
• Advertising and marketing budgets

The report includes a traditional income statement from an "average" Assisted Living Facilities for the Elderly company (both public and private companies are included).

	Industry Average	Percent of Sales
Total Revenue	Included
Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit

Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial Ratio	Industry Average
Profitability Ratios	Included
Profit Margin
ROE
ROA
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Products and Services Mix

Product lines and services in the Assisted Living Facilities for the Elderly industry accounting for the largest revenue sources.

Product Description	Description	Revenue ($ Millions)
Industry total	Included
Assisted daily living services w/o rehab or counseling services
Independent living services
Assisted daily living services - physical/occupational rehab services
Assisted daily living services - physical/occupational rehab - adult
All other operating receipts
Assisted daily living services - physical/occupational rehab - child
Contributions, gifts, & grants - government
Meals & bev, prepared/served/dispensed, for immediate consumption
Contributions, gifts, & grants - private

Compensation and Salary Surveys

Salary information for employees working in the Assisted Living Facilities for the Elderly industry.

Title	Percent of Workforce	Bottom Quartile	Average (Median) Salary	Upper Quartile
Management Occupations	3%	Included
Chief Executives	0%
General and Operations Managers	1%
Healthcare Practitioners and Technical Occupations	11%
Health Technologists and Technicians	6%
Licensed Practical and Licensed Vocational Nurses	6%
Licensed Practical and Licensed Vocational Nurses	6%
Healthcare Support Occupations	28%
Nursing, Psychiatric, and Home Health Aides	27%
Nursing, Psychiatric, and Home Health Aides	27%
Home Health Aides	9%
Nursing Assistants	18%
Food Preparation and Serving Related Occupations	18%
Cooks and Food Preparation Workers	6%
Food and Beverage Serving Workers	9%
Food Servers, Nonrestaurant	6%
Food Servers, Nonrestaurant	6%
Building and Grounds Cleaning and Maintenance Occupations	6%
Building Cleaning and Pest Control Workers	6%
Building Cleaning Workers	6%
Personal Care and Service Occupations	21%
Other Personal Care and Service Workers	20%
Personal Care Aides	17%
Personal Care Aides	17%
Office and Administrative Support Occupations	5%

Government Contracts

The federal government spent an annual total of $12,865 on the Assisted Living Facilities for the Elderly industry. It has awarded 1 contracts to 1 companies, with an average value of $12,865 per company.

Top Companies in Assisted Living Facilities for the Elderly and Adjacent Industries

Company	Address	Revenue ($ Millions)
Included