One recent article suggests the United States has at least 2,000 active adult communities:

There are more than 2,000 active adult communities from Florida to California, and all along the Sunbelt in between. Click on websites such as PrivateCommunities.com or 55Places.com, and the results can be overwhelming. Florida has 673 to choose from. California has 220. Arizona has 151. There are 217 more in the Carolinas. Pennsylvania has 215. 

“Over the past decade, the housing market has been driven, in part, by the 73 million Baby Boomers who have been buying homes as they retire and adopt new lifestyles,’’ says Rob Parahus, president and chief operating officer for Toll Brothers, one of the leading home builders in the U.S. 

Multiple forces helped bring this together: developers and builders seeing an opportunity, a growing number of aging Americans, people with money wanting to have communities with particular amenities and protections against what they might find elsewhere, and an ongoing interest in homeownership.

I imagine there are things missing from these communities. If a group of people with means have come together in an age-restricted community, they will not encounter all the same people and/or neighbors they might elsewhere.

What happens to these communities in a future when there are fewer older Americans who want to live in such places? How easy might it be to convert communities back to the general housing stock?

What is the modal experience in these communities or does it vary quite a bit? Some of these places get more media attention than others. Take, for example, The Villages in Florida is well known. But, it is hard to know from the occasional news story about whether this is a “typical” adult active community or not.