Assisted living is one of the most affordable, high-quality long-term care solutions available to older adults who need help with daily activities or want the security and connection of community living. Today, nearly 1.4 million Americans live in more than 31,000 assisted living communities, where care is delivered in a residential, social environment that supports independence, well-being, and quality of life.
With an average annual cost of $70,800, assisted living remains the most cost-effective long-term care option, offering meaningful support at a lower cost than many alternatives.
But demand is rising rapidly. Every day, more than 10,000 Americans turn 65, and nearly 70% will need some form of long-term care, with one in five requiring professional care for five years or more. Meeting this growing need will require smart investments and informed policy decisions.
This new report explains why assisted living is a critical part of the solution, delivering:
- Lower costs for families and public programs
- Better health outcomes
- Higher quality of life for older adults
- Reduced strain on Medicare and Medicaid
- Scalable solutions for a rapidly aging population
Download the report to explore the data, insights, and policy priorities shaping the future of assisted living and why expanding access has never been more important.
