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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
53.0%
2023
55.7%
Total change
+2.7 pp
% change
+5.1%
Year Homeownership Rate Change
2017 53.0%
2019 54.3% +1.3 pp (2.5%)
2020 54.9% +0.6 pp (1.1%)
2021 54.9% +0.0 pp (0%)
2022 54.9% +0.0 pp (0%)
2023 55.7% +0.8 pp (1.5%)

Other Salem city Trends