Texas Active Adults (55+) Community Market Trends, Estimates, High Demand by 2028

Meenal0608 Dec, 2022Business

The Texas active adults (55+) community market size is expected to reach USD 41.5 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 4.42% from 2021 to 2028. The growing interest of the elderly population above 55 years of age towards maintenance-free lifestyle, socialization, a sense of community, and structured activities is one of the major factors driving the market. In addition, retirement not being in the eligibility criteria and the variety of support services and optional care available at these facilities are the factors boosting the market growth.

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