Quarterly senior housing occupancy rate United States Q4 2019-Q3 2024
Between the fourth quarter of 2019 and the second quarter of 2021, occupancy rates in senior housing dropped from 87.9 percent to 78.7 percent as the COVID-19 pandemic drove many people to opt for alternative living arrangements. The occupancy rate has increased since, but as of the third quarter of 2024, it stood below the levels before the pandemic, at 86.5 percent.