NAICS 623311

Continuing Care Retirement Communities

Key Figures

Establishments
5,639
Census CBP · 2023
Employment
455,640
Census CBP · 2023
Market size
$41.1B
Census Economic Census · 2022

Figures are published for NAICS 623311 directly.

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Official definition

This U.S. industry comprises establishments primarily engaged in providing a range of residential and personal care services with on-site nursing care facilities 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. Individuals live in a variety of residential settings with meals, housekeeping, social, leisure, and other services available to assist residents in daily living. Assisted living facilities with on-site nursing care facilities are included in this industry.

Source: US Census Bureau, 2017 NAICS Definitions. Public domain.

Which code does this activity belong in?

Continuing Care Retirement Communities (NAICS 623311) provide residential and personal care services with on-site nursing care facilities, distinguishing them from Assisted Living Facilities for the Elderly (NAICS 623312), which offer similar residential and personal care services but lack on-site nursing facilities. The defining boundary is the presence of skilled nursing care available within the same establishment; facilities providing nursing care on-site are classified in NAICS 623311, while those offering only residential and personal care assistance without on-site nursing are classified in NAICS 623312.

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