Senior housing occupancy rates in the United States increased 0.3 percentage points, from 87.1percent occupied in fourth quarter 2024 to 87.4 percent in first quarter 2025, according to the National Investment Center for Seniors Housing & Care (NIC), using data from NIC MAP.
Occupancy rates for independent living communities rose to 89 percent, up from 88.6 percent in fourth quarter, and occupancy rates for assisted living communities increased to 85.8 percent from 85.5 percent.
NIC experts say demand for senior housing is at an all-time high. The first quarter set a record for the number of occupied senior housing units, with nearly 621,000 units occupied compared to roughly 617,000 in fourth quarter 2024.
“Older adults are moving into senior housing at a rapid pace, and that trend will continue given the wave of baby boomers and many more ‘solo agers’ who don’t have a caregiver to rely on as a safety net,” said Lisa McCracken, NIC’s head of res
