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Niche retirement communities target retirees who "share a common interest, hobby or trait". [28] By 2011, niche retirement communities or "niche senior communities' - known as "affinity retirement communities" by industry professionals - [29] had become "one of the biggest trends in retirement living."
"Old Ladies Home" (sic) in Toledo, Ohio, 1895. According to the United States Department of Health and Human Services, the older population—persons 65 years or older—numbered 39.6 million in 2009. [31] They represented 12.9% of the U.S. population, about one in every eight Americans. [31]
The average annual cost for assisted living was $48,612. Home health care, based on a 44 average week, cost $52,654 a year [57] Genworth 2019 Cost of Care Survey]. The average cost of a nursing home for one year is more than the typical family has saved for retirement in a 401(k) or an IRA. [58]
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Highland Village incorporated as a city in February 1963. [5] It included 516 residents in the 1970 census, but the opening of the Dallas/Fort Worth International Airport helped spur massive growth in the city's population: 3,246 in 1980, 7,027 in 1990, 12,173 in 2000, and 15,056 in 2010.
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