This question is about nursing home statistics.

How big is the U.S. nursing home industry?

By Zippia Team - Jun. 29, 2022

The U.S. nursing home industry is $146.9 billion in size. Just one year earlier, in 2021, the industry's market size was $134.95 billion. It's already experienced an average annual growth rate of 1.9% from 2017 to 2022, and experts predict that it will grow at an even faster rate of 4.5% in 2022.

The market is made up of 26,514 nursing homes in the U.S., and this number is also growing: It's estimated that the number of nursing home businesses will increase by 2.2% throughout 2022.

About 1.7 million people work in these nursing homes. The number of nursing home employees was shrinking from 2012 to 2020, but since 2020, it's been on an upward trajectory and is expected to increase by 3.2% in 2022 alone.

How big is the U.S. nursing home industry?

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