Hagerstown, MD
Population 43,490 · Maryland
About Hagerstown, MD
Hagerstown is a mid-sized city located in Maryland with a population of 43,490 residents according to the latest US Census Bureau American Community Survey data. The median household income is $49,957 per year, which is 34% below the national median of $75,149. The median age of 36.4 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Hagerstown features a median home value of $207,700, which is 15% below the national median of $244,900. This positions Hagerstown in a moderately priced market relative to the rest of the country. Median monthly rent is $1,041, 10% below the national average of $1,163/month. Of the 19,996 total housing units, 43% are owner-occupied (8,022 units) and 57% are renter-occupied (10,450 units). The higher proportion of renters may reflect a transient population, younger demographics, or high housing costs relative to income.
Economy & Employment
The local economy in Hagerstown shows an unemployment rate of 8.3%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 22.7%, above the national average of 12.4%. Workers in Hagerstown have an average one-way commute time of 25.5 minutes.
Education & Demographics
19.7% of Hagerstown residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 1.8% White, 1.4% Hispanic or Latino, 2.4% Black or African American, and 6.2% Asian residents, with 7.9% of the population being foreign-born.
How Hagerstown Ranks in Maryland
Cost of Living in Hagerstown, MD
Compared to national averages, Hagerstown has a median household income of $49,957 (34% below the national median of $75,149). Home values average $207,700, which is 15% below the national median. Monthly rent at $1,041 is 10% below the US average of $1,163. Within Maryland, Hagerstown's income is 54% below the state average of $107,956, and home values are 48% below the state median of $402,447.
Why Live in Hagerstown, MD?
Hagerstown offers affordable housing with a median home value of $207,700, below the US average of $244,900, and rent that’s lower than the national average at $1,041/month.
Potential considerations include median household income ($49,957) that falls below the national average. However, Hagerstown’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Hagerstown has a population of 43,490 with a median age of 36.4 years. Compare Hagerstown with other cities to see how it stacks up, or explore all cities in Maryland.
Similar Cities Near Hagerstown
Cities in Maryland with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Catonsville | 42,717 | $110,051 | $405,800 | Compare |
| Odenton | 45,585 | $126,455 | $408,400 | Compare |
| Potomac | 46,230 | $239,205 | $1,105,900 | Compare |
| Annapolis | 40,744 | $104,257 | $510,200 | Compare |
| Essex | 40,670 | $67,082 | $253,500 | Compare |
| Woodlawn CDP (Baltimore County), Maryland | 40,476 | $78,591 | $269,800 | Compare |
| Severna Park | 39,499 | $168,091 | $633,600 | Compare |
| Clinton | 38,756 | $120,967 | $400,300 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Maryland
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Hagerstown With Other Cities
Frequently Asked Questions about Hagerstown
What is the population of Hagerstown, MD?
The population of Hagerstown, MD is 43,490 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Maryland.
What is the median household income in Hagerstown?
The median household income in Hagerstown, MD is $49,957 per year, which is 34% below the national median of $75,149.
What is the median home value in Hagerstown?
The median home value in Hagerstown, MD is $207,700, which is 15% below the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Hagerstown?
The median monthly rent in Hagerstown, MD is $1,041, which is 10% below the national average of $1,163/month.
What is the unemployment rate in Hagerstown?
The unemployment rate in Hagerstown, MD is 8.3%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Hagerstown, MD a good place to live?
Hagerstown offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 43,490 and a median age of 36.4, the city appeals to a broad range of residents.
How educated is Hagerstown, MD?
19.7% of residents in Hagerstown aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Hagerstown?
Key cost-of-living indicators for Hagerstown, MD: median home value is $207,700 (15% below national), median rent is $1,041/month, and median household income is $49,957. The home-value-to-income ratio is 4.2x, a moderate figure by national standards.
What is the poverty rate in Hagerstown?
The poverty rate in Hagerstown, MD is 22.7%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Hagerstown, MD?
Hagerstown's population is 1.8% White, 1.4% Hispanic or Latino, 2.4% Black or African American, 6.2% Asian, and 22.5% two or more races. 7.9% of residents are foreign-born.