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
49.0%
2023
53.4%
Total change
+4.4 pp
% change
+9%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 49.0% | — |
| 2019 | 55.2% | +6.2 pp (12.7%) |
| 2020 | 48.6% | -6.6 pp (-12%) |
| 2021 | 50.0% | +1.4 pp (2.9%) |
| 2022 | 49.7% | -0.3 pp (-0.6%) |
| 2023 | 53.4% | +3.7 pp (7.4%) |