Major Group SIC 7021 - Rooming and Boarding Houses

SIC 7021 - Rooming and Boarding Houses

SIC 70 - Hotels, Rooming Houses, Camps, And Other Lodging Places
SIC 01 - Agricultural Production Crops SIC 02 - Agricultural Production Livestock And Animal Specialties SIC 07 - Agricultural Services SIC 08 - Forestry SIC 09 - Fishing, Hunting, And Trapping SIC 10 - Metal Mining SIC 12 - Coal Mining SIC 13 - Oil And Gas Extraction SIC 14 - Mining And Quarrying Of Nonmetallic Minerals, Except Fuels SIC 15 - Building Construction General Contractors And Operative Builders SIC 16 - Heavy Construction Other Than Building Construction Contractors SIC 17 - Construction Special Trade Contractors SIC 20 - Food And Kindred Products SIC 21 - Tobacco Products SIC 22 - Textile Mill Products SIC 23 - Apparel And Other Finished Products Made From Fabrics And Similar Materials SIC 24 - Lumber And Wood Products, Except Furniture SIC 25 - Furniture And Fixtures SIC 26 - Paper And Allied Products SIC 27 - Printing, Publishing, And Allied Industries SIC 28 - Chemicals And Allied Products SIC 29 - Petroleum Refining And Related Industries SIC 30 - Rubber And Miscellaneous Plastics Products SIC 31 - Leather And Leather Products SIC 32 - Stone, Clay, Glass, And Concrete Products SIC 33 - Primary Metal Industries SIC 34 - Fabricated Metal Products, Except Machinery And Transportation Equipment SIC 35 - Industrial And Commercial Machinery And Computer Equipment SIC 36 - Electronic And Other Electrical Equipment And Components, Except Computer Equipment SIC 37 - Transportation Equipment SIC 38 - Measuring, Analyzing, And Controlling Instruments Photographic, Medical And Optical Good SIC 39 - Miscellaneous Manufacturing Industries SIC 40 - Railroad Transportation SIC 41 - Local And Suburban Transit And Interurban Highway Passenger Transportation SIC 42 - Motor Freight Transportation And Warehousing SIC 44 - Water Transportation SIC 45 - Transportation By Air SIC 46 - Pipelines, Except Natural Gas SIC 47 - Transportation Services SIC 48 - Communications SIC 49 - Electric, Gas, And Sanitary Services SIC 50 - Wholesale Trade-durable Goods SIC 51 - Wholesale Trade-non-durable Goods SIC 52 - Building Materials, Hardware, Garden Supply, And Mobile Home Dealers SIC 53 - General Merchandise Stores SIC 54 - Food Stores SIC 55 - Automotive Dealers And Gasoline Service Stations SIC 56 - Apparel And Accessory Stores SIC 57 - Home Furniture, Furnishings, And Equipment Stores SIC 58 - Eating And Drinking Places SIC 59 - Miscellaneous Retail SIC 60 - Depository Institutions SIC 61 - Non-depository Credit Institutions SIC 62 - Security And Commodity Brokers, Dealers, Exchanges, And Services SIC 63 - Insurance Carriers SIC 64 - Insurance Agents, Brokers, And Service SIC 65 - Real Estate SIC 67 - Holding And Other Investment Offices SIC 70 - Hotels, Rooming Houses, Camps, And Other Lodging Places SIC 72 - Personal Services SIC 73 - Business Services SIC 75 - Automotive Repair, Services, And Parking SIC 76 - Miscellaneous Repair Services SIC 78 - Motion Pictures SIC 79 - Amusement And Recreation Services SIC 80 - Health Services SIC 81 - Legal Services SIC 82 - Educational Services SIC 83 - Social Services SIC 84 - Museums, Art Galleries, And Botanical And Zoological Gardens SIC 86 - Membership Organizations or Unions And Similar Labor Organizations SIC 87 - Engineering, Accounting, Research, Management, And Related Services SIC 89 - Services, Not Elsewhere Classified SIC 96 - Administration Of Economic Programs
- SIC 702 - Rooming And Boarding Houses
  SIC 701 - Hotels And Motels SIC 702 - Rooming And Boarding Houses SIC 703 - Camps And Recreational Vehicle Parks SIC 704 - Organization Hotels And Lodging
  - SIC 7021 - Rooming and Boarding Houses
    SIC 7021 - Rooming and Boarding Houses

Establishments primarily engaged in renting rooms, with or without board, on a fee basis. Rental of apartments, apartment hotels, and other housing units are classified in Real Estate, Industry Group 651. Rooming and boarding houses operated by membership organizations for their members only are classified in Industry 7041. Homes for the aged, for children, and for the handicapped that also provide additional services, other than nursing care, are classified in Industry 8361, and homes that provide nursing care are classified in Industry Group 805.

Industry trends:

NAICS 7021, encompassing Rooming and Boarding Houses, has faced dynamic changes recently. The industry is witnessing a qualitative trend toward diversification of services and amenities in response to consumer preferences for enhanced living experiences. Facilities are increasingly incorporating higher standards of comfort, improved security measures, and additional communal spaces to foster a sense of community among residents. There is a noticeable shift towards more flexible lease terms, catering to transient populations such as students, young professionals, and temporary workers.

With urbanization on the rise, rooming and boarding houses are becoming more prevalent in metro areas, often serving as affordable alternatives to traditional housing amid rising property costs. Further, the adoption of technology is playing a significant role, with property management systems and mobile apps improving operational efficiency and resident satisfaction.

Looking to the near future, forecasts suggest continued growth driven by housing shortages in urban centers and economic factors that make shared living arrangements attractive. Enhanced regulatory frameworks may emerge, focusing on safety and quality standards. Sustainable and eco-friendly practices are likely to gain prominence, attracting environmentally conscious consumers. As the industry evolves, partnerships with educational institutions and corporations may also increase, providing tailored housing solutions for specific groups.

This industry is comprised of:

Boarding houses, except organization

Dormitories, commercially operated

Lodging houses, except organization

Rental of furnished rooms

Rooming houses, except organization

Explore related industries:

SIC 6514 - Operators Of Dwellings Other Than Apartment Buildings SIC 7519 - Utility Trailer And Recreational Vehicle Rental SIC 8361 - Residential Care

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