Continuing Care Retirement Communities — Average Employee Salary
The average employee in the continuing care retirement communities industry earns $40,174 per year ($19.31/hour), according to Bureau of Labor Statistics QCEW data.
What Do Continuing Care Retirement Communities Workers Earn?
At $40,174/year (equivalent to $19.31/hour for a full-time worker), continuing care retirement communities wages are below the national average of ~$65,000.
Lower wages in this industry are common in service-oriented or retail-adjacent sectors where entry barriers are lower. This can be an advantage for business owners managing payroll costs, but may contribute to higher turnover.
The typical continuing care retirement communities business employs 65 people. These are larger operations where staffing represents a major cost center and management complexity.
Wages as a Percentage of Revenue
For the average continuing care retirement communities business generating $8.1M/year with 65 employees at $40,174 each, total payroll represents roughly 32.4% of revenue. Labor is a significant cost but leaves room for other expenses and profit.
What This Means for Business Owners
If you're starting or running a continuing care retirement communitiesbusiness, here's what the wage data means for your bottom line:
- Per-employee cost: Budget approximately $52,226/year per employee (salary + ~30% for benefits, taxes, and insurance).
- Typical team size: 65 employees = ~$2,611,310/year in base payroll.
- Hourly equivalent: $19.31/hour base — factor this into pricing and project estimates.
- Revenue needed: With average revenue of $8.1M/business, you need strong utilization rates to maintain healthy margins after payroll.
See how these wages compare to total revenue and profit margins.
View full Continuing Care Retirement Communities revenue benchmarks →Frequently Asked Questions
- How much do continuing care retirement communities employees make?
- The average continuing care retirement communities employee earns $40,174 per year, which is equivalent to $19.31/hour for a full-time worker (2,080 hours/year). This is below the national average of approximately $65,000.
- How many people work in the continuing care retirement communities industry?
- The continuing care retirement communities industry employs 468,626 workers across 7,220 establishments in the United States. The average business in this industry has approximately 65 employees.
Source: Bureau of Labor Statistics, Quarterly Census of Employment and Wages (QCEW 2023).