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
50.7%
2023
51.4%
Total change
+0.7 pp
% change
+1.4%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 50.7% | — |
| 2019 | 51.5% | +0.8 pp (1.6%) |
| 2020 | 49.8% | -1.7 pp (-3.3%) |
| 2021 | 51.6% | +1.8 pp (3.6%) |
| 2022 | 50.7% | -0.9 pp (-1.7%) |
| 2023 | 51.4% | +0.7 pp (1.4%) |