NAICS Code 721310-09 - Student Housing

Marketing Level - NAICS 8-Digit

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NAICS CODE 721310-09
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NAICS Code 721310-09 Description (8-Digit)

Student Housing is a type of accommodation that is specifically designed for students who are pursuing higher education. It provides a living space that is conducive to studying and socializing with other students. Student Housing can be found on or off campus and can range from single rooms to shared apartments. The main purpose of Student Housing is to provide a safe and comfortable environment for students to live in while they pursue their academic goals.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 721310 page

Tools

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

  • Property management software
  • Online booking platforms
  • Maintenance management software
  • Security systems
  • Energy management systems
  • Furniture and appliances for furnished units
  • Cleaning supplies and equipment
  • Communication tools for residents and staff
  • Accounting and financial management software
  • Marketing and advertising tools

Industry Examples of Student Housing

Common products and services typical of NAICS Code 721310-09, illustrating the main business activities and contributions to the market.

  • Student apartments
  • Student dorms
  • Student co-living spaces
  • Student townhouses
  • Student suites
  • Student studios
  • Student residences
  • Student lodges
  • Student hostels
  • Student homestays

History

A concise historical narrative of NAICS Code 721310-09 covering global milestones and recent developments within the United States.

  • The history of student housing can be traced back to the early 1900s when universities started to provide dormitories for their students. However, it wasn't until the 1960s that the concept of off-campus student housing started to gain popularity. In the United States, the first privately-owned off-campus student housing complex was built in 1964 near the University of Michigan. Since then, the industry has grown significantly, with more and more private companies entering the market. In recent years, the industry has seen notable advancements in technology, with the introduction of online booking platforms and smart home features in student housing complexes.