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
62.4%
2023
74.1%
Total change
+11.7 pp
% change
+18.7%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 62.4% | — |
| 2019 | 65.1% | +2.7 pp (4.3%) |
| 2020 | 65.8% | +0.7 pp (1.1%) |
| 2021 | 70.5% | +4.7 pp (7.1%) |
| 2022 | 69.5% | -1.0 pp (-1.4%) |
| 2023 | 74.1% | +4.6 pp (6.6%) |