Mobile Menu

Retirement Communities in New York

Author.Name IBISWorld United States Last Updated: August 2025 NAICS NY62331

Retirement Communities in New York industry analysis

The Retirement Communities industry in New York is expected to grow an annualized x.x% to $x.x billion over the five years to 2025, while the national industry will likely grow at x.x% during the same period. Industry establishments increased an annualized x.x% to xxx locations. Industry employment has increased an annualized x.x% to x,xxx workers, while industry wages have increased an annualized x.x% to $x.x billion.

Over the five years to 2030, the industry is expected to grow an annualized x.x% to $x.x billion, while the national industry is expected to grow x.x%. Industry establishments are forecast to grow x% to xxx locations. Industry employment is expected to increase an annualized x.x% to x,xxx workers, while industry wages are forecast to increase x% to $x.x billion.

Unbiased research for even more industries at your fingertips

  • 5000+Industries covered
  • 100+Local analysts
  • 250k+Hours of detailed analysis
  • 100k+Subscriber community

Purchase a membership to access this industry and so much more.

About the Retirement Communities in New York Market Research Report

What’s Included in the Retirement Communities in New York Market Research Report

Definition of the Retirement Communities in New York?

This industry provides residential and personal care services for older adults and other individuals who cannot fully care for themselves or want to live in a community facility. The care typically includes room, board, supervision, and assistance in daily living, such as housekeeping services. Some establishments provide skilled nursing care for residents in separate on-site facilities.

What’s included in the Retirement Communities in New York?

The Retirement Communities in New York includes continuing care retirement communities and assisted living facilities and homes for the elderly. Related terms covered in the Retirement Communities in New York industry report includes everyday activities include bathing, grooming, eating, using the toilet and getting dressed, a facility that provides individuals with a choice of services and living situations for the remainder of their lives, care and comfort measures provided to those with a terminal illness and their families can include medical, counseling and social services, a state-licensed nursing home provides 24-hour nursing care, room and board. there are activities for convalescent residents and those with long-term and chronic illnesses and care provided to individuals with memory impairment can include medical and social assistance with activities of daily living.

Industry Performance of the Retirement Communities industry in New York

Benchmark the Retirement Communities in New York industry performance with all NY county and national performance.

Retirement Communities in New York

#8 in Highest Revenue 3.6% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Retirement Communities in the US


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Retirement Communities industry in New York

See how key industry drivers, such as median houshold income, population, unemployment rate, number of adults aged 65 and older, federal funding for medicare and medicaid and house price index are impacting Retirement Communities in New York

New York Economic Indicators

Median Houshold Income
Population
Unemployment Rate

View more economic information in NY State Economic profile

US Key External Drivers

Number of adults aged 65 and older
Federal funding for Medicare and Medicaid
House price index

For the full list of industry drivers, see report purchase options.

County Data of the Retirement Communities industry in New York

Access proprietary data on county in the Retirement Communities in New York, such as Erie County, Suffolk County and Monroe County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Retirement Communities industry in New York

Download 18 years of historical data and 5 years of projected performance.

Need a deeper insight?
Get a free tour.

Free Tour

Top Questions Answered in this Report

Unlock comprehensive answers and precise data upon purchase. View purchase options.

What is the market size of the Retirement Communities industry in New York in 2025?

The market size of the Retirement Communities industry in New York is $3.5bn in 2025.

How many businesses are there in the Retirement Communities industry in New York in 2025?

There are 684 businesses in the Retirement Communities industry in New York, which has been growing at an average annual rate of 0.5% from 2020 to 2025.

Has the Retirement Communities industry in New York grown or declined over the past 5 years?

The market size of the Retirement Communities industry in New York has been growing at an average annual rate of 1.3% from 2020 to 2025.

How many employees in the Retirement Communities industry in New York in 2025?

There are 34,528 employees in the Retirement Communities industry in New York, which has been growing at an average annual rate of 0.4% from 2020 to 2025.