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Near-Campus Communities Lure Seniors to College Towns.

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Senior Statistics

The Classic Residence by Hyatt’s in-house research department created this tenant profile for its near-campus community in Palo Alto, Calif.:

  • Annual income in the top one-half of 1 percent in the United States
  • Age 77 and married with adult children
  • Well-educated and world traveling
  • Own multiple homes and live in exclusive areas of the region surrounding the community
  • In fair health and maintain high levels of physical and intellectual activity
  • Have close social circles and are influential in local, state, and national politics, both conservative and liberal
  • Occupations include venture capitalists, educators, educational administrators, scientists, homemakers, philanthropists, attorneys, doctors, developers, retail magnates, high-tech business developers, inventors, and authors

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