About the Retirement Communities in Michigan Market Research Report
What’s Included in the Retirement Communities in Michigan Market Research Report
Definition of the Retirement Communities in Michigan?
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 Michigan?
The Retirement Communities in Michigan includes continuing care retirement communities and assisted living facilities and homes for the elderly. Related terms covered in the Retirement Communities in Michigan 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 Michigan
Benchmark the Retirement Communities in Michigan industry performance with all MI county and national performance.
Retirement Communities in Michigan
#15 in Highest Revenue 2.6% of state's GDPRevenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)
Retirement Communities in the US
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)
For the full list of industry drivers, see report purchase options.
Key Drivers of the Retirement Communities industry in Michigan
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 Michigan
Michigan Economic Indicators
Population
Net Migration
Per Capita Disposable Income
View more economic information in MI 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 Michigan
Access proprietary data on county in the Retirement Communities in Michigan, such as Oakland County, Kent County and Wayne County. Data includes figures on revenue, establishments, employees and wages by counties.
Key Statistics of the Retirement Communities industry in Michigan
Download 18 years of historical data and 5 years of projected performance.


