Senior Housing Demand
Nursing Homes & Assisted Living
For a given demographic proifile, the size of the assisted living market will vary from state to state depending on the level of state funding for long term care. For example, the assisted living market would be smaller in New York than in Nevada, since New York has historically funded long term care (LTC) at higher levels per capita than Nevada.
Total Demand for Housing
by Income and Rent
YOUR Primary Market Area
CURRENT INCOME |
Nursing Home Beds (LTC) |
Dementia Moderate to Severe (outside NH) |
Personal Care 3+ADL's (outside NH) |
|||
| @ 95% of income | @ 95% of income | @ 80% of income | ||||
| Persons | Rent | Persons | Rent | Persons | Rent | |
| Total | 313 | NA | 600 | NA | 1,001 | NA |
| $30,000 + | 94 | $2,375 | 178 | $2,375 | 295 | $2,000 |
| $35,000 + | 72 | $2,771 | 136 | $2,771 | 225 | $2,333 |
| $40,000 + | 58 | $3,167 | 108 | $3,167 | 179 | $2,667 |
| $50,000 + | 41 | $3,958 | 74 | $3,958 | 123 | $3,333 |
| $60,000 + | 31 | $4,750 | 55 | $4,750 | 91 | $4,000 |
Note: Demand estimates can be added across the table, but not down. Existing supply must be subtracted from these demand estimates to obtain the remaining un-served market.
