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5 Largest Senior Living Companies in the USA in 2024

This article looks at the 5 largest senior living companies in the USA in 2024. If you wish to check out our detailed analysis of the evolving landscape of senior living, you can jump to the 16 Largest Senior Living Companies in the USA in 2024. 

5. Erickson Senior Living

Total Units:  24,326

Total Employees:  16,110

U.S. Communities:  21

Erickson Senior Living is the owner, manager, and developer of retirement communities in the USA. The senior living company offers independent and continuing care communities across the country. Beautiful, amenity-rich campus-style communities feature different clubhouse spaces and stylish apartment homes. With over 39 years of experience, Erickson Senior Living now boasts 23 properties (and growing), serving over 28,000 residents across 11 states. These communities are designed to offer seniors an active lifestyle, complete with amenities such as restaurants, cultural activities, and fitness centers.

4. Discovery Senior Living

Total Units:  30,355

Total Employees:  16,640

U.S. Communities:  302

Being one of the largest senior living companies in the USA, Discovery Senior Living strives to deliver exceptional senior living services at an exceptional value. From restaurant-style dining to amenities such as beauty salons and fitness centers, seniors don’t have a boring day in their lives here. Founded in 1991, it offers a wide range of senior living options such as independent living, personal care, assisted living, memory care, skilled nursing, and respite care. The company focuses on personalized care, offering services that are tailored to meet the individual needs of its residents.

3. LCS

Total Units: 32,710

Total Employees: 26,725

U.S. Communities:  142

Life Care Services is the third-largest senior living operator in the USA. Founded in 1971, LCS boasts over 32,000 units and 142 properties across the country. Its award-winning services are a testament to its commitment to deliver high-quality care and creating vibrant, resident-centered communities. Offering a resident-first mindset, LCS promises exclusive signature experiences that strive to provide residents with the tools and services they need to remain safe and healthy.

2. Atria Senior Living

Total Units: 38,007

Total Employees: 13,191

U.S. Communities: 309

Serving over 21,000 residents, Atria Senior Living strives to provide residents with a vibrant atmosphere where they can lead active, healthy lives. From chef-prepared meals to engaging events and opportunities for meaningful connections, Atria offers an innovative approach to senior care. Independent living, assisted living, memory care, and short-term stays are the different living options that the senior living company provides. Its Engage Life program includes instructor-led classes, themed soirees, symphony trips, and much more. All-inclusive amenities and a dedicated 24-hour staff mean seniors can live a stress-free life here at Atria.

1. Brookdale Senior Living Inc. (NYSE:BKD)

Total Units: 54,328

Total Employees: 36,000

U.S. Communities: 652

The largest senior living company in the USA in 2024 is Brookdale Senior Living Inc. (NYSE:BKD). Established in 1978, Brookdale Senior Living Inc. (NYSE:BKD) offers a wide range of senior living, retirement communities, and senior care options. According to Brookdale’s official website, they have over 640 senior living communities catering to over 60,000 residents across 41 states. Its robust health and wellness programs, engaging social activities, and focus on enhancing resident’s quality of life make it a respected senior living company in the country. Its extensive network further allows it to play a significant role in senior living , helping it to cater to a diverse population of seniors.

To check out our detailed analysis of the evolving landscape of senior living, you can jump to the 16 Largest Senior Living Companies in the USA in 2024

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READ NEXT: $30 Trillion Opportunity: 15 Best Humanoid Robot Stocks to Buy According to Morgan Stanley and Jim Cramer Says NVIDIA ‘Has Become A Wasteland’.

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Dr. Ian Dogan

Co-Founder and Research Director at Insider Monkey

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Dr. Inan Dogan

Dr. Ian Dogan

Co-Founder and Research Director at Insider Monkey

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