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What is a
Continuing Care Retirement Community?
A continuing care retirement
community, or CCRC, is a development that offers a
range, or continuum, of housing and associated
healthcare (as well as recreation amenities and social
activities). Nearly
all CCRCs charge an entrance fee, which is often quite
hefty (and usually from the sale of a resident's current
home). As
they age, in exchange for the entrance fee and monthly
fees, residents are guaranteed housing, social
recreation and health care all in one place.
Independent apartments or cottages are usually in
one section of the development.
Assisted living and nursing home facilities are
in different sections in the same development.
This gives residents peace of mind knowing that
they will be able to stay in the same community and
receive increased healthcare services down the road.
One thing to keep in mind is that most CCRCs
require that incoming residents be in good physical and
mental shape.
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McKinney Population: 130,000 | Percentage Age 45 or Better:
22% | Cost of Living: 5% Above U.S. Average | Crime Rate:
Below U.S. Average
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Retreat
at Craig Ranch
8800 Dewland Dr.,
McKinney, Texas 75035
(972) 547-0869
Age
Restriction: All ages
but appeals to baby boomers
Single family homes
and town homes
Priced from $216,900
Web
Site
Part of larger
community, vintage
trolley, town center, golf
course, clubhouse, spa
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Texas Stats:
Population, year 2009 estimate - 24,782,302
Persons 65 years old and over, year 2009 - 10.2%
High school graduates, percent of persons age 25+, year 2000
- 75.7%
Bachelor's degree or higher, pct of persons age 25+, year
2000 - 23.2%
Persons of Hispanic or Latino origin, year 2009 - 36.9%
White persons, not Hispanic, year 2009 - 46.7%
Median household income, year 2008 - $50,049
Social Security taxed? No
Source: U.S. Census Bureau
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