Why are Active Adult Communities So Expensive?

This is a common question - why are active adult communities, whether they be age-targeted or age-restricted, so expensive?  Generally, the answer is because they have a lot of amenities, services and facilities that regular neighborhoods just do not have.  Active adult developments, especially newer ones, like to think of themselves as resorts, and in many case, they come close.  Resort-style swimming pools, large, lavish clubhouses, riding stables, beaches, marinas, lifelong learning opportunities, trips, planned activities, an activities director, medical services and concierge services all add to the price of a community.   Even developments with manufactured homes can be expensive - the homes may be reasonably priced, but the lease lot fees can be high.

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Colorado Springs Population:  385,000   |   Percentage Age 45 or Better:  30%   |   Cost of Living:  5% Below U.S. Average   |   Crime Rate:  Meets U.S. Average

Colorado Stats:

Population, year 2009 estimate - 5,024,748

Persons 65 years old and over, year 2009 - 10.6%

High school graduates, percent of persons age 25+, year 2000 - 86.9%

Bachelor's degree or higher, pct of persons age 25+, year 2000 - 32.7%

Persons of Hispanic or Latino origin, year 2009 - 20.3%

White persons, not Hispanic, year 2009 - 70.7%

Median household income, year 2008 - $57,184

Social Security taxed? Yes

Source: U.S. Census Bureau

 

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