Long-term assisted care is not a taboo anymore but a vital aspect of many Americans’ lives. Mostly, older adults, those with chronic illnesses, and children with special needs fall under the category who need help. In this blog post, we have detailed the key statistics and explained the demographics of assisted care living for citizens of The USA. Let’s find out what percentage of people we are actually projecting for this.
Assisted Living Statistics
Assisted living has completely changed senior care, accommodating over 80,000 Americans. This amounts to around 2% of seniors aged 65 and over. Back in the day, nursing homes were top-tier choices, but as soon as we approached the 80s, assisted living took the pedestal, emphasizing person-centered care. In present times, there are more than 30,000 assisted living facilities in the United States, housing nearly 1.2 million licensed beds.
With the surge of the senior population, driven by retiring baby boomers with a good amount of financial assets, the demand for high-quality assisted living options is skyrocketing. Approximately 10,000 people will reach retirement age daily until 2030. By 2040, the U.S. Census Bureau projects over 80 million people aged 65 and over, nearly doubling by 2060. This means almost 1 million additional assisted living beds will be needed in the future.
Simplifying Long-Term Care
According to the National Institute on Aging, long-term care is a range of services and support for those individuals who are unable to care for themselves due to age-related impairments. It may be provided at home or in a specialized facility; long-term care helps users in daily tasks. This includes a variety of things such as grooming (bathing with dressing) and eating, ensuring their health and safety.
Who Requires Long-Term Care?
Statistical data reveals that people aged 65 and above have a nearly 70% chance of needing assisted living services. Moreover, it is established that women are found to stay in long-term care facilities longer than men, with an average of 3.7 years compared to 2.2 years.
An In-depth Look on Assisted Living Demographics
Assisted living facilities are made to cater to aging residents with varying levels of independence. They may need help with medication management for their daily tasks. Some of the common chronic illnesses among these people include:
- High blood pressure
- Heart diseases
- Memory Impairment
Memory care is a specialized form of assistance. You will find its cost is higher than traditional assisted living, typically ranging from 20% to 30% more expensive. On average, residents stay in assisted living facilities for 22 months. As care needs intensify, a significant portion transitions to nursing homes or other senior care options.
Statistics and demographics open the gateway, and we gain insights into the changing needs and preferences of those seeking assisted living services. Our aim is to provide seniors with the technological support they need and deserve to survive in the digital era. Schedule an appointment to chat with one of the experts from Exordium Networks at (972) 573-1180. We are just a call away.