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
60.5%
2023
58.4%
Total change
-2.1 pp
% change
-3.5%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 60.5% | — |
| 2019 | 56.2% | -4.3 pp (-7.1%) |
| 2020 | 56.1% | -0.1 pp (-0.2%) |
| 2021 | 60.5% | +4.4 pp (7.8%) |
| 2022 | 59.2% | -1.3 pp (-2.1%) |
| 2023 | 58.4% | -0.8 pp (-1.4%) |