Home Care Franchise in Iowa
More than 65 million Americans are turning retirement age in the next decade. As such, the traditional retirement havens – Florida, Arizona, the rest of the Southwestern states – are becoming sought after and increasingly unaffordable.
The bar for an “ideal” retirement place is set higher now. It has to be affordable, have decent weather, and offer a lot of activities for seniors who now have time to enjoy them.
86% of Iowa is made up of farmlands. At a glance, it doesn’t seem like a good place to retire. But it’s dubbed “America’s Heartland” for a reason – people are friendly, always eager to smile. With a thousand or so lakes ripe for fishing, cheap golf, and the 12% lower cost of living, it might not be too long until Iowa brings in retirees who’re looking to move away from the now crowded Southwestern states and Florida.
When that happens, the demand for in-home care will increase even more. Become a ComForCare franchisee in Iowa to seize that opportunity.
Population Projection in Iowa
People over 65 years of age currently make up 16% of Iowa’s total population, with 480,000 people. That’s outpacing the national average of approximately 14%, but compared to other states like Alaska, Iowa’s population is aging slowly.
By 2030, Iowa projects 22% of their total population will be over 65 years of age. That will rank the state 12th highest in the country in the proportion of senior citizens.
Like other states, Iowa’s under-65 population growth will slow, which will cause a shortage of healthcare professionals in all fields. Nursing home care costs will burden the state’s Medicaid agency, prompting for new policies.
Combined with the state’s own aging population and the potential to bring in more retirees from outside the state, this aging trend is a good opportunity for a ComForCare franchisee to set up in-home care services. As costs for nursing homes and assisted living facilities go up, seniors who are able-bodied will look for more economical solution, which is home care.
Becoming a ComForCare Franchisee
ComForCare is one of the fastest growing home care franchises in the country, with over 200 territories operating in North America. We’ve been voted consistently as one of the top 25 franchises to work for. Franchisees of the company report high satisfaction to how ComForCare provides support.
When you become a franchisee, ComForCare will provide ongoing training and support, including meetings, newsletters, field operations and evaluations, toll-free phone line, security and safety procedures, purchasing cooperatives, lease negotiations, and more.
There are other benefits to owning a ComForCare franchise, including a reasonable investment requirement and high revenue potential.
If you’re interested in becoming a ComForCare franchisee in Iowa so you can help the state’s senior stay in their homes, contact us today.