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Retirement Communities in Massachusetts

Author.Name IBISWorld United States Last Updated: March 2026 NAICS MA62331

Retirement Communities in Massachusetts industry analysis

The Retirement Communities industry in Massachusetts is expected to grow an annualized x.x% to $x.x billion over the five years to 2026, while the national industry will likely grow at x% during the same period. Industry establishments decreased an annualized -x.x% to xxx locations. Industry employment has increased an annualized x.x% to x,xxx workers, while industry wages have increased an annualized x% to $x.x billion.

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About the Retirement Communities in Massachusetts Market Research Report

What’s Included in the Retirement Communities in Massachusetts Market Research Report

Definition of the Retirement Communities in Massachusetts?

This industry provides residential and personal care services for older adults and other individuals who cannot fully care for themselves or want to live in a community facility. The care typically includes room, board, supervision, and assistance in daily living, such as housekeeping services. Some establishments provide skilled nursing care for residents in separate on-site facilities.

What’s included in the Retirement Communities in Massachusetts?

The Retirement Communities in Massachusetts includes continuing care retirement communities and assisted living facilities and homes for the elderly. Related terms covered in the Retirement Communities in Massachusetts industry report includes everyday activities include bathing, grooming, eating, using the toilet and getting dressed, a facility that provides individuals with a choice of services and living situations for the remainder of their lives, care and comfort measures provided to those with a terminal illness and their families can include medical, counseling and social services, a state-licensed nursing home provides 24-hour nursing care, room and board. there are activities for convalescent residents and those with long-term and chronic illnesses and care provided to individuals with memory impairment can include medical and social assistance with activities of daily living.

Industry Performance of the Retirement Communities industry in Massachusetts

Benchmark the Retirement Communities in Massachusetts industry performance with all MA county and national performance.

Retirement Communities in Massachusetts

#17 in Highest Revenue 2.3% of state's GDP
Revenue (2026)
Annual Growth (2021-26)
Annual Growth ()

Retirement Communities in the US


Revenue (2026)
Annual Growth (2021-26)
Annual Growth (2026-31)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Retirement Communities industry in Massachusetts

See how key industry drivers, such as population, net migration, per capita disposable income, number of adults aged 65 and older, federal funding for medicare and medicaid and house price index are impacting Retirement Communities in Massachusetts

Massachusetts Economic Indicators

Population
Net Migration
Per Capita Disposable Income

View more economic information in MA State Economic profile

US Key External Drivers

Number of adults aged 65 and older
Federal funding for Medicare and Medicaid
House price index

For the full list of industry drivers, see report purchase options.

County Data of the Retirement Communities industry in Massachusetts

Access proprietary data on county in the Retirement Communities in Massachusetts, such as Suffolk County, Norfolk County and Middlesex County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Retirement Communities industry in Massachusetts

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Retirement Communities industry in Massachusetts in 2026?

The market size of the Retirement Communities industry in Massachusetts is $2.3bn in 2026.

How many businesses are there in the Retirement Communities industry in Massachusetts in 2026?

There are 377 businesses in the Retirement Communities industry in Massachusetts, which has been declining at an average annual rate of -0.2% from 2021 to 2026.

Has the Retirement Communities industry in Massachusetts grown or declined over the past 5 years?

The market size of the Retirement Communities industry in Massachusetts has been growing at an average annual rate of 2.7% from 2021 to 2026.

How many employees in the Retirement Communities industry in Massachusetts in 2026?

There are 25,565 employees in the Retirement Communities industry in Massachusetts, which has been growing at an average annual rate of 2.7% from 2021 to 2026.