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NAICS Code 721310-02 Description (8-Digit)

Dormitories are residential buildings that provide temporary accommodation for individuals, typically students or workers. These buildings are designed to house multiple occupants in a single room or suite, with shared common areas such as bathrooms, kitchens, and lounges. Dormitories are often located on or near college or university campuses, military bases, or industrial sites, and are intended to provide affordable and convenient housing for those who need it.

Hierarchy Navigation for NAICS Code 721310-02

Tools

Tools commonly used in the Dormitories industry for day-to-day tasks and operations.

  • Bunk beds
  • Lockers
  • Desks and chairs
  • Wardrobes
  • Mattresses and bedding
  • Laundry facilities
  • Kitchen appliances (e.g. refrigerators, microwaves)
  • Cleaning supplies
  • Security systems (e.g. key cards, cameras)
  • Maintenance tools (e.g. drills, hammers)

Industry Examples of Dormitories

Common products and services typical of NAICS Code 721310-02, illustrating the main business activities and contributions to the market.

  • College dormitories
  • Military barracks
  • Industrial worker housing
  • Summer camp cabins
  • Athletic team housing
  • Boarding schools
  • Religious retreat centers
  • Youth hostels
  • Rehabilitation centers
  • Homeless shelters

Certifications, Compliance and Licenses for NAICS Code 721310-02 - Dormitories

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

  • Fire Safety Certification: Dormitories must comply with fire safety regulations to ensure the safety of their occupants. The National Fire Protection Association provides certification for fire safety compliance.
  • Food Service Permit: If a dormitory provides food service to its occupants, it must obtain a food service permit from the local health department. The permit ensures that the food served is safe for consumption.
  • Building Code Compliance: Dormitories must comply with building codes to ensure the safety of their occupants. The International Code Council provides certification for building code compliance.
  • Environmental Health and Safety Compliance: Dormitories must comply with environmental health and safety regulations to ensure the safety of their occupants. The Occupational Safety and Health Administration provides certification for environmental health and safety compliance.
  • Americans with Disabilities Act Compliance: Dormitories must comply with the Americans with Disabilities Act to ensure that their facilities are accessible to individuals with disabilities. The Department of Justice provides certification for ADA compliance.

History

A concise historical narrative of NAICS Code 721310-02 covering global milestones and recent developments within the United States.

  • The "Dormitories" industry has a long history worldwide, dating back to the early days of universities and monasteries. In the United States, dormitories became popular in the late 19th century, with the establishment of the first dormitory at Harvard University in 1870. The industry continued to grow throughout the 20th century, with the construction of new dormitories on college and university campuses across the country. In recent years, the industry has seen notable advancements in technology, with the implementation of smart dorms that use sensors and automation to improve energy efficiency and security. Additionally, there has been a growing trend towards more sustainable and eco-friendly dormitories, with features such as green roofs and solar panels becoming more common.

Future Outlook for Dormitories

The anticipated future trajectory of the NAICS 721310-02 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Stable

    The future outlook for the Dormitories industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for affordable housing options for students and workers. The rise of the gig economy and the increasing number of freelancers is also expected to contribute to the growth of the industry. Additionally, the industry is expected to benefit from the increasing number of international students and workers in the USA. However, the industry may face challenges due to the ongoing COVID-19 pandemic and the resulting economic uncertainty. Overall, the industry is expected to continue to grow in the coming years.

Industry Innovations for NAICS Code 721310-02

Recent groundbreaking advancements and milestones in the Dormitories industry, reflecting notable innovations that have reshaped its landscape.

  • Smart Dormitories: These are dormitories that are equipped with smart technology such as sensors, smart locks, and energy-efficient lighting. These technologies help to improve the safety and security of students and workers while also reducing energy costs.
  • Co-Living Spaces: These are shared living spaces that are designed to promote community living. They typically include shared living areas, kitchens, and bathrooms. Co-living spaces are becoming increasingly popular among students and young professionals who are looking for affordable housing options.
  • Sustainable Dormitories: These are dormitories that are designed to be environmentally friendly. They typically include features such as solar panels, rainwater harvesting systems, and energy-efficient appliances. Sustainable dormitories are becoming increasingly popular among students and workers who are concerned about the environment.
  • Virtual Reality Tours: Some dormitories are now offering virtual reality tours to prospective students and workers. These tours allow students and workers to explore the dormitory and its facilities without having to physically visit the location.
  • On-Demand Services: Some dormitories are now offering on-demand services such as laundry, cleaning, and food delivery. These services help to improve the convenience and comfort of students and workers.

NAICS Code 721310-02 - Dormitories

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