Mark Horner

62 Health Care and Social Assistance

623312 Assisted Living Facilities for the Elderly

This industry comprises establishments primarily engaged in providing residential and personal care services (i.e., without on-site nursing care facilities) for (1) the elderly or other persons who are unable to fully care for themselves and/or (2) the elderly or 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.

Illustrative Examples:

Assisted living facilities without on-site nursing care facilities
Rest homes without nursing care
Assisted living facilities for the elderly without nursing care

Average Jobs Employed 32
Average Loan Given $220,689
Number of Loans Given 6544
Total Amount Loaned $1,444,187,946

Assisted living facilities with on-site nursing care facilities are classified in U.S. Industry 623311, Continuing Care Retirement Communities;

Assisted living facilities for the elderly with nursing care or rest homes with nursing care are classified in Industry 623110, Nursing Care Facilities (Skilled Nursing Facilities).

Apartment or condominium complexes where people live independently in rented or owned housing units are classified in Industry 531110, Lessors of Residential Buildings and Dwellings.