Salem city: Homeownership Rate Trend
How Salem city's homeownership rate changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
50.4%
2023
54.8%
Total change
+4.4 pp
% change
+8.7%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 50.4% | — |
| 2019 | 48.9% | -1.5 pp (-3%) |
| 2020 | 50.4% | +1.5 pp (3.1%) |
| 2021 | 53.9% | +3.5 pp (6.9%) |
| 2022 | 50.4% | -3.5 pp (-6.5%) |
| 2023 | 54.8% | +4.4 pp (8.7%) |