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Home › Industry Metrics › NAICS 6233

NAICS 6233 - Community Care Facilities for the Elderly

NAICS 6233 - COMMUNITY CARE FACILITIES FOR THE ELDERLY
NAICS 6231 Nursing Care Facilities NAICS 6232 Residential Mental Retardation, Mental Health and Substance Abuse Facilities NAICS 6233 Community Care Facilities for the Elderly NAICS 6239 Other Residential Care Facilities
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This industry comprises establishments primarily engaged in providing residential and personal care services for (1) the elderly and other persons who are unable to fully care for themselves and/or (2) the elderly and other persons who do not desire to live independently. The care typically includes room, board, supervision, and assistance in daily living, such as housekeeping services. In some instances these establishments provide skilled nursing care for residents in separate on-site facilities.

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This industry comprises establishments primarily engaged in providing residential and personal care services for (1) the elderly and other persons who are unable to fully care for themselves and/or (2) the elderly and other persons who do not desire to live independently.

The care typically includes room, board, supervision, and assistance in daily living, such as housekeeping services. In some instances these establishments provide skilled nursing care for residents in separate on-site facilities.

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Drill down to explore more specific industries.

NAICS 62 Health Care and Social Assistance
NAICS 623 Nursing and Residential Care Facilities
NAICS 6233 Community Care Facilities for the Elderly
NAICS 62331 Community Care Facilities for the Elderly
NAICS 623311 Continuing Care Retirement Communities
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Industry trends

The Community Care Facilities for the Elderly industry (NAICS 6233) has been experiencing significant shifts driven by demographic changes and evolving consumer preferences. One notable trend is the increasing demand for personalized and home-like environments. Many facilities are transitioning from institutional settings to more comfortable, residential-style environments to enhance the quality of life for residents.

An emphasis on holistic care and wellness is becoming more prevalent. This includes integrating physical, emotional, and social well-being into care plans. Facilities are adopting technology-based solutions such as remote health monitoring, telehealth services, and electronic health records to improve patient outcomes and operational efficiencies. Another trend is the rise of memory care facilities that specialize in Alzheimer’s and dementia care, reflecting the growing need for specialized services as the population ages.

Looking ahead, the industry is expected to see continued growth due to the aging population. However, labor shortages and rising operational costs may pose significant challenges. Innovations in care delivery and a focus on attracting and retaining skilled staff will be crucial. Additionally, regulations and policies around senior care are likely to become more stringent, necessitating higher standards and compliance. Overall, the future of community care facilities for the elderly will likely be shaped by a balance of personalized care, technological advancements, and regulatory changes.

  • Investment in renewable energy and grid modernization continues to accelerate.
  • Regulatory changes and sustainability initiatives are shaping long-term growth.
  • Operational efficiency and technology adoption are key focus areas.

Industry Comparison

How this industry compares to all industries.

Return on Investment (ROI) 1%
BOTTOM TOP
10% 25% median 25% 10%

Percentile Rank among all Industries: 20%

Loan Failure Rate 2%
BOTTOM TOP
10% 25% median 25% 10%

Percentile Rank among all Industries: 2%

Total Companies in this Industry 1,865
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Explore related industries

  • NAICS 6233 Community Care Facilities for the Elderly
  • NAICS 62331 Community Care Facilities for the Elderly
  • View all related industries

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