2024 Retirement & Nursing Homes Industry Statistics Report

Retirement & Nursing Homes - Market Size and Industry Forecast

The 2024 Retirement and Nursing Homes Industry Report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2019 to 2029 reflect industry trends and growth patterns. Revenues include both public and private companies in the Retirement & Nursing Homes industry.

Market Size (Total Revenue)


% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company
Source: U.S. government financial data.

Industry Revenue ($ Billions)

Industry Market Size
  • 2017
  • 2018
  • 2019
  • 2020
  • 2021
  • 2022
  • 2023

Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.

Retirement & Nursing Homes - Geographic Breakdown by U.S. State

Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Retirement & Nursing Homes companies in the United States.

Retirement & Nursing Homes Revenue by State

Market Size by State

Distribution by Company Size

Company SizeAll IndustriesRetirement & Nursing Homes
Small Business (< 5 Employees)


Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Retirement & Nursing Homes - Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:
The report includes a traditional income statement from an "average" company (both public and private companies included).

Industry AveragePercent of Sales
Total Revenue


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

Average Income Statement

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits



Depreciation and Amortization

Officer Compensation

Net Income

Retirement & Nursing Homes - Financial Ratio Analysis

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

Financial RatioIndustry Average
Profitability Ratios


Profit Margin
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Retirement & Nursing Homes - Product Mix

Product DescriptionDescriptionRevenue
($ Millions)
Industry total


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

Retirement & Nursing Homes - Compensation and Salary Surveys

TitlePercent of WorkforceBottom QuartileAverage (Median) SalaryUpper Quartile
Management Occupations3%


Chief Executives0%
General and Operations Managers1%
Healthcare Practitioners and Technical Occupations11%
Health Technologists and Technicians6%
Licensed Practical and Licensed Vocational Nurses6%
Licensed Practical and Licensed Vocational Nurses6%
Healthcare Support Occupations28%
Nursing, Psychiatric, and Home Health Aides27%
Nursing, Psychiatric, and Home Health Aides27%
Home Health Aides9%
Nursing Assistants18%
Food Preparation and Serving Related Occupations18%
Cooks and Food Preparation Workers6%
Food and Beverage Serving Workers9%
Food Servers, Nonrestaurant6%
Food Servers, Nonrestaurant6%
Building and Grounds Cleaning and Maintenance Occupations6%
Building Cleaning and Pest Control Workers6%
Building Cleaning Workers6%
Personal Care and Service Occupations21%
Other Personal Care and Service Workers20%
Personal Care Aides17%
Personal Care Aides17%
Office and Administrative Support Occupations5%

Government Contracts

In the past, the federal government spent an annual total of $12,865 on the retirement & nursing homes industry. It has awarded 1 contracts to 1 companies, with an average value of $12,865 per company.

Retirement & Nursing Homes and Adjacent Industries - Top Companies

($ Millions)


Retirement & Nursing Homes Industry Research
GeographyUnited States  
Publication DateJuly 2024
Report FormatPDF Download  PDF

Related Market Research Reports

Nursing & Residential Care Facilities
Nursing Care Facilities
Residential Mental Retardation, Mental Health & Substance Abuse Facilities
Residential Mental Retardation Facilities
Residential Mental Health & Substance Abuse Facilities
Community Care Facilities for the Elderly
Continuing Care Retirement Communities
Retirement & Nursing Homes