NAICS Code 623311 — Continuing Care Retirement Communities
National Industry in the official 2022 North American Industry Classification System (U.S. Census Bureau). It is one of 2 national industries under 62331 (Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly).
| Code | 623311 |
|---|---|
| Title | Continuing Care Retirement Communities |
| Level | National Industry (6-digit) |
| Edition | NAICS 2022 edition |
| SBA size standard | $34 million in average annual receipts |
Official definition (2022 NAICS)
This U.S. industry comprises establishments primarily engaged in providing a range of residential and personal care services with on-site nursing care facilities for (1) the elderly and other persons who are unable to fully care for themselves and/or (2) the elderly and other persons who do not desire to live independently. Individuals live in a variety of residential settings with meals, housekeeping, social, leisure, and other services available to assist residents in daily living. Assisted living facilities with on-site nursing care facilities are included in this industry.
Cross-References.
Is a business under 623311 "small"?
Under the SBA size standards (13 CFR 121.201, effective March 17, 2023), a business classified in NAICS 623311 qualifies as a small business if it does not exceed $34 million in average annual receipts. Small-business status determines eligibility for federal set-aside contracts, SAM.gov certifications and SBA loan programs — receipts are averaged over the latest 5 fiscal years.
Where 623311 sits in the hierarchy
| Level | Code | Title |
|---|---|---|
| Sector | 62 | Health Care and Social Assistance |
| Subsector | 623 | Nursing and Residential Care Facilities |
| Industry Group | 6233 | Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly |
| NAICS Industry | 62331 | Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly |
| National Industry | 623311 | Continuing Care Retirement Communities |
Related SIC codes
Via the official U.S. Census concordance (1987 SIC ↔ NAICS), shown only where the industry definition is unchanged in NAICS 2022.
| SIC code | Title |
|---|---|
8051 | Skilled Nursing Care Facilities |
8052 | Intermediate Care Facilities |
8059 | Nursing and Personal Care Facilities, Not Elsewhere Classified |
Related National Industry codes
623312— Assisted Living Facilities for the Elderly
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Data: official 2022 NAICS structure, descriptions and Census concordances, U.S. Census Bureau — U.S. government works in the public domain (17 U.S.C. §105). Suggested reference, not an official determination.