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
73.6%
2023
71.2%
Total change
-2.4 pp
% change
-3.3%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 73.6% | — |
| 2019 | 72.1% | -1.5 pp (-2%) |
| 2020 | 79.2% | +7.1 pp (9.8%) |
| 2021 | 72.6% | -6.6 pp (-8.3%) |
| 2022 | 72.5% | -0.1 pp (-0.1%) |
| 2023 | 71.2% | -1.3 pp (-1.8%) |