Market Needs and Economic Impact of Continuing Care Retirement Communities in North Carolina
Kenan Institute Elderly

Market Needs and Economic Impact of Continuing Care Retirement Communities in North Carolina

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Abstract

This study examines the economic impact of continuing care retirement communities on North Carolina and the potential they have for creating jobs and expanding the state’s tax base. The report suggests that with North Carolina’s older adult population set to explode by nearly 70% in the next twenty years (an additional one million seniors), the impact of CCRCs on our state’s economic health will be staggering.