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
72.8%
2023
70.2%
Total change
-2.6 pp
% change
-3.6%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 72.8% | — |
| 2019 | 74.9% | +2.1 pp (2.9%) |
| 2020 | 71.7% | -3.2 pp (-4.3%) |
| 2021 | 75.5% | +3.8 pp (5.3%) |
| 2022 | 73.9% | -1.6 pp (-2.1%) |
| 2023 | 70.2% | -3.7 pp (-5%) |