Mobile Menu

Retirement Communities in Rhode Island

Author.Name IBISWorld United States Last Updated: August 2025 NAICS RI62331

Retirement Communities in Rhode Island industry analysis

The Retirement Communities industry in Rhode Island is expected to decline an annualized -x.x% to $x.x million over the five years to 2025, while the national industry will likely grow at x.x% during the same period. Industry establishments decreased an annualized -x.x% to xx locations. Industry employment has decreased an annualized -x.x% to x,xxx workers, while industry wages have decreased an annualized -x.x% to $x.x million.

Over the five years to 2030, the industry is expected to grow an annualized x.x% to $x.x million, while the national industry is expected to grow x.x%. Industry establishments are forecast to grow x.x% to xx locations. Industry employment is expected to decrease an annualized -x.x% to x,xxx workers, while industry wages are forecast to decrease -x% to $x.x million.

Unbiased research for even more industries at your fingertips

  • 5000+Industries covered
  • 100+Local analysts
  • 250k+Hours of detailed analysis
  • 100k+Subscriber community

Purchase a membership to access this industry and so much more.

About the Retirement Communities in Rhode Island Market Research Report

What’s Included in the Retirement Communities in Rhode Island Market Research Report

Definition of the Retirement Communities in Rhode Island?

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 Rhode Island?

The Retirement Communities in Rhode Island includes continuing care retirement communities and assisted living facilities and homes for the elderly. Related terms covered in the Retirement Communities in Rhode Island 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 Rhode Island

Benchmark the Retirement Communities in Rhode Island industry performance with all RI county and national performance.

Retirement Communities in Rhode Island

#45 in Highest Revenue 0.3% of state's GDP
Revenue (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 Rhode Island

See how key industry drivers, such as population, median houshold income, labor force participation rate, number of adults aged 65 and older, federal funding for medicare and medicaid and house price index are impacting Retirement Communities in Rhode Island

Rhode Island Economic Indicators

Population
Median Houshold Income
Labor Force Participation Rate

View more economic information in RI 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 Rhode Island

Access proprietary data on county in the Retirement Communities in Rhode Island, such as Providence County, Kent County and Newport County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Retirement Communities industry in Rhode Island

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

Need a deeper insight?
Get a free tour.

Free Tour

Top Questions Answered in this Report

Unlock comprehensive answers and precise data upon purchase. View purchase options.

What is the market size of the Retirement Communities industry in Rhode Island in 2025?

The market size of the Retirement Communities industry in Rhode Island is $259.5m in 2025.

How many businesses are there in the Retirement Communities industry in Rhode Island in 2025?

There are 62 businesses in the Retirement Communities industry in Rhode Island, which has been declining at an average annual rate of -0.9% from 2020 to 2025.

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

The market size of the Retirement Communities industry in Rhode Island has been declining at an average annual rate of -5.2% from 2020 to 2025.

How many employees in the Retirement Communities industry in Rhode Island in 2025?

There are 2,882 employees in the Retirement Communities industry in Rhode Island, which has been declining at an average annual rate of -7.2% from 2020 to 2025.