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
86.5%
2023
94.0%
Total change
+7.5 pp
% change
+8.7%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 86.5% | — |
| 2019 | 91.8% | +5.3 pp (6.1%) |
| 2020 | 93.7% | +1.9 pp (2.1%) |
| 2021 | 93.5% | -0.2 pp (-0.2%) |
| 2022 | 92.5% | -1.0 pp (-1.1%) |
| 2023 | 94.0% | +1.5 pp (1.6%) |