What is the Difference Between an Age-Targeted Community and an Age-Restricted Community?

An age-restricted community is a development that meets HUDs guidelines for senior housing, which states that the housing must have at least one person who is age 55 or better in at least 80% of the housing units.   For developments with an age-restriction of 62 or better, all residents must meet the age requirement.  Age-targeted communities do not have to adhere to HUD guidelines and cannot discriminate on the basis of age.  They tend to market to baby boomers but must accept residents of all ages.

*     *     *     *     *     *     *     *     *

Oxford Population:  13,000 |  Percentage Age 45 or Better:  35%   |  Cost of Living:  25% Above U.S. Average  | Crime Rate:  Below U.S. Average

X

RiverBend Estates

474 Roosevelt Drive (Route 34), Oxford, Connecticut  06478

(203) 736-6722

Age Restriction: 55+

25 single family homes

Priced from high-$300,000s

Web Site

Each home is custom designed

View Larger Map

Connecticut Stats:

Population, year 2009 estimate - 3,574,097

Persons 65 years old and over, year 2009 - 13.9%

High school graduates, percent of persons age 25+, year 2000 - 88.2%

Bachelor's degree or higher, pct of persons age 25+, year 2000 - 35.1%

Persons of Hispanic or Latino origin, percent, year 2009 - 13.4%

White persons, not Hispanic, percent, year 2009 - 71.2%

Median household income, year 2008 - $66,906

Social Security taxed?   Yes

Source: U.S. Census Bureau

 

---

Webwerxx, Inc. Copyright 2006-2011  |  Contact Us  |  Privacy Policy  |  Mission Statement  |  Legal

All rights reserved.  No part of this electronic publication may be reproduced without the express written consent of Webwerxx, Inc.   Various attempts were made to verify the accuracy of the information contained in this report, but some information may have changed since publication.   Webwerxx, Inc. cannot be held responsible for information that has changed since this publication appeared online.