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What percentage of seniors can afford assisted living?

According to a 2023 study from the Harvard Joint Center for Housing Studies, only 13% of single, older adults living alone across major US metro areas could afford assisted living based on their income without relying on their assets. This stark figure highlights the immense financial challenge for many, raising the crucial question: **What percentage of seniors can afford assisted living?** The answer reveals a growing affordability crisis, leaving many middle-income seniors particularly vulnerable.