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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
65.5%
2023
63.5%
Total change
-2.0 pp
% change
-3.1%
Year Homeownership Rate Change
2017 65.5%
2019 63.6% -1.9 pp (-2.9%)
2020 64.4% +0.8 pp (1.3%)
2021 65.4% +1.0 pp (1.6%)
2022 64.0% -1.4 pp (-2.1%)
2023 63.5% -0.5 pp (-0.8%)

Other Salem city Trends