The Nursing Home Industry
The nursing home industry is this big in dollars.
The nursing home industry is $146.9 billion in size.
This is how many residents will be living in U.S. nursing homes as of 2023.
There are about 1.4 million residents in U.S. nursing homes.
These are the percentages of nursing home residents by age.
38.60% 85 years and up
26.70 % 75-84 years old
18.20% 65-74 years old
16.50% Under 65
This is the average monthly cost of a semi-private room in a nursing home in the U.S.
$7,756 is the average monthly cost for a semi-private room.
This is the average lifespan of a nursing home resident.
The average lifespan in a nursing home is 2.2 years.
The market is made up of this many nursing homes in the U.S.
The market is made up of 26,514 nursing homes in the U.S. and this number is growing. I t has been estimated that the number of nursing home businesses will have increased by 2.2% in 2022.
This is the percentage of people who will need long-term care at some point in life.
70% of people 65 years old and up will need LTC.
This is the percentage of women living in nursing homes.
63.3% women live in nursing homes, that means that just 36.7% of nursing home residents are men.
This is the average monthly cost of a private nursing home room in the U.S.
$8,821 is the average monthly cost for a private room.
This is the average lifespan differences between men and women.
Women typically need LTC of some kind for an average of 3.7 years to Men's 2.2 years.
The greatest number of nursing home residents are in this state.
California has the greatest number of any state with about 99,956 residents.
Texas, 90,708 and New York, 89,775 are close behind.
This is how many nursing homes are there in the U.S.
This is not a trick question:)
There are 26,514 nursing homes currently in the U.S.
This is the ratio of male and female assisted Living residents.
70.6% are women and 29.4% are men living in AL Communities.
This state has the highest nursing home costs.
Alaska
$37,143 a month average for a private room.
$36,378 a month average for a semi-private room.
This is the average number of nursing home beds.
108.6 is the average NH beds.
New York has the highest and Alaska has the lowest.
The least number of nursing home in this state.
Alaska has the least number of nursing home residents at 499.
This is how many residents live in Assisted Living Communities.
810,000 people live in AL Communities.
This is the #1 most common condition found in nursing homes.
71.5% of nursing home residents suffer from Hypertension.
This state has the cheapest average rates.
Missouri has the cheapest average rates.
$5,749 a month for a private room.
$5,080 a month for a semi-private room.
This is the number of employees working for nursing home facilities.
In 2022, there were 1,721,732 nursing home employees in the U.S.
This percentage of nursing homes are for profit.
70% are for-profit
23.5 are non-profits
7.2 are run by the government
By 2050, this is how many Americans will require LTC.
By 2050, up to 30 million people will require LTC.
This is the 2nd most common condition found in nursing homes.
47.8% of nursing home residents have Alzheimer's disease or other dementias.
This is the average nursing home cost per month for private and semi-private rooms in Wisconsin.
A private room is $9,733 per month, a semi-private room is $9,022 per month.
This is the average monthly cost for Assisted Living in Wisconsin.
The average monthly cost for Assisted Living in Wisconsin is approximately $4,350 with costs running between $2,638 and $5,00 per month.