Continuing Care Retirement Communities Revenue Benchmarks

How much does the average continuing care retirement communities business make? Here are revenue benchmarks based on Census Bureau data.

Average Revenue

$8.1M

per year

💰

Profit Margin

13.0%

industry average

📈

Revenue / Employee

$67K

per year

👤

Total Businesses

3,750

in the US

🏢

Est. Owner Income

$1.0M

small business avg

💵

Labor Cost

50.0%

of revenue

👥

Avg Employee Wage

$40K

per year (BLS)

💼

Market Saturation

1.1

firms per 100K people

🎯

💰 Average Revenue by Business Size

1-4 employees
$371K
5-9 employees
$458K
10-19 employees
$740K
20-99 employees
$2.7M
100-499 employees
$12.8M
500+ employees
$45.4M

🏆 Highest Revenue States

1.Hawaii$14.7M avg2.Delaware$14.4M avg3.Pennsylvania$14.3M avg4.New Jersey$13.9M avg5.Connecticut$13.8M avg6.Massachusetts$11.9M avg7.Virginia$10.9M avg8.Louisiana$10.1M avg9.Illinois$9.3M avg10.Maryland$9.1M avg

📊 Industry Dynamics (Census BDS 2023)

New Business Rate

8.16%

openings/year

Closure Rate

9.15%

closings/year

Net Job Growth

+3.92%

annual

Businesses Closed

1,688

in 2023

Firm Count Trend

19
20
21
22
23
16,738 firms16,989 firms

💡 Should You Start a Continuing Care Retirement Communities Business?

Startup Cost

$75K – $300K

Break-Even

2 months

5-Year Survival Rate

70.0%

🆚 Related Industries

Offices of Physicians (except Mental Health Specialists)$3.7MOffices of Dentists$915KChild Day Care Services$750KOffices of Chiropractors$280KOffices of Mental Health Practitioners (except Physicians)$443K

Compare Continuing Care Retirement Communities revenue with other industries:

vs Officesvs Officesvs Child