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
66.7%
2023
62.8%
Total change
-3.9 pp
% change
-5.8%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 66.7% | — |
| 2019 | 62.1% | -4.6 pp (-6.9%) |
| 2020 | 64.2% | +2.1 pp (3.4%) |
| 2021 | 63.3% | -0.9 pp (-1.4%) |
| 2022 | 60.8% | -2.5 pp (-3.9%) |
| 2023 | 62.8% | +2.0 pp (3.3%) |