(MENAFN- GlobeNewsWire - Nasdaq) The U.S. assisted living facility market sees opportunities with the growing elderly population and increased life expectancy, driving demand for ALFs. Urban concentration of services and competitive costs compared to nursing homes present key growth avenues, particularly in states like California, Florida, and Washington.Dublin, Sept. 26, 2025 (GLOBE NEWSWIRE) -- The "U.S. Assisted Living Facility Market Size, Share & Trends Analysis Report by Age (More Than 85, 75-84, 65-74, Less Than 65), by Region (West, Southeast, Southwest, Midwest, Northeast), and Segment Forecasts, 2025-2033" report has been added to ResearchAndMarkets's offering.
The U.S. assisted living facility market size was estimated at USD 44.38 billion in 2024 and is expected to reach USD 93.54 billion by 2033, growing at a CAGR of 8.69% from 2025 to 2033.
This growth is driven by the increasing life expectancy and the baby boomer generation contributing to the demand for assisted living facilities (ALFs). Moreover, the growing geriatric population seeking companionship, security, & assistance with daily activities and patients suffering from neurological & other chronic disorders are expected to drive the market growth. As per the data published by the Population Reference Bureau in January 2024, the number of Americans aged 65 and above is projected to reach 95 million by 2060, increasing from 52 million in 2018. By percentage, the age group of 65 years and above is expected to increase from 16% in 2018 to 23% by 2060.
![]()
Rise in Demand for Assisted Living Facilities (ALF):
As the U.S. population of seniors continues to grow, the demand for ALFs is becoming increasingly pressing. According to the RubyHome article published in September 2023, approximately 1.2 million Americans reside in nursing homes, with over 15,000 nursing facilities nationwide. In addition, more than 30,000 communities cater primarily to older adults, as half of all facility residents are 85 or older. The financial implications of these arrangements are significant, with the median monthly cost for assisted living averaging USD 4,500.
In contrast, a private room in a nursing home can cost around USD 9,034/month, nearly double the assisted living rate. Notably, California, Florida, and Washington lead the nation in assisted living communities, with 5,900, 2,400, and 2,000, respectively. Moreover, according to Consumers Unified, LLC, seven out of ten individuals in the U.S. require assisted living care in their lifetime.
The Growing Number of Residents in ALF:
The growing number of residents in ALFs indicates an increasing demand for these services. This trend highlights the need for high-quality assisted living facilities across the country. As this demand continues to rise, providers must evolve to address the changing needs of the aging population. The urban areas have a greater concentration of assisted living facilities for several reasons.
The higher population density in cities results in a larger pool of potential residents. Moreover, the proximity to healthcare services, social amenities, and transportation makes urban settings appealing for these facilities. The market in urban areas benefits from various amenities and services, allowing facilities to offer multiple activities, dining choices, and recreational opportunities that cater to diverse residents.
Why should you buy this report?
Comprehensive Market Analysis: Gain detailed insights into the industry across major regions and segments. Competitive Landscape: Explore the market presence of key players. Future Trends: Discover the pivotal trends and drivers shaping the future of the market. Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.
This report addresses:
Market intelligence to enable effective decision-making Market estimates and forecasts from 2018 to 2030 Growth opportunities and trend analyses Segmental and regional revenue forecasts for market assessment Competition strategy and market share analysis Product innovation listings for you to stay ahead of the curve COVID-19's impact and how to sustain in these fast-evolving markets
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 100 |
| Forecast Period | 2024 - 2033 |
| Estimated Market Value (USD) in 2024 | $44.38 Billion |
| Forecasted Market Value (USD) by 2033 | $93.54 Billion |
| Compound Annual Growth Rate | 8.6% |
| Regions Covered | United States |
Market Variables, Trends, and Scope
Market Driver Analysis
Growing geriatric population Rise in demand for assisted living facilities Growing prevalence of target diseases Growing investments and franchises of assisted living facilities and adult day care facilities Technological advancements
Market Restraint Analysis
High cost for specialized treatment and services Limited coverage
Market Opportunity Analysis
Enhancements in features and services offered by assisted living facilities
Market Challenges Analysis
Staffing and workforce concerns Evolving regulations and compliance
COVID-19 Impact Analysis
Regulatory & Reimbursement Scenario
Business Environmental Tools Analysis: U.S. Assisted Living Facility Market
Porter's Five Forces Analysis PESTLE Analysis
Companies Featured
The major companies profiled in this U.S. Assisted Living Facility market report include:
Kindred Healthcare Brookdale Senior Living Solutions Sunrise Senior Living Sonida Senior Living Atria Senior Living, Inc Five Star Senior Living (AlerisLife) Merrill Gardens Centers for Dialysis Care Integral Senior Living (ISL) Belmont Village, L.P.
U.S. Assisted Living Facility Market Report Segmentation
Age Outlook (Revenue, USD Billion, 2021-2033)
More than 85 75-84 65-74 Less than 65
Regional Outlook (Revenue, USD Billion, 2021-2033)
West Southeast Southwest Midwest Northeast
For more information about this report visit
About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Attachment
U.S. Assisted Living Facility Market
CONTACT:
CONTACT:
Laura Wood,Senior Press Manager
...
For E.S.T Office Hours Call 1-917-300-0470
For U.S./ CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
![]()
MENAFN26092025004107003653ID1110115072
Comments
No comment