Cost of Living in Hagerstown, MD

Population: 43,490 • 2026 Data

$49,957
Median Household Income
-35% vs national
$1,041
Median Monthly Rent
-23% vs national
$207,700
Median Home Value
-39% vs national
8.3%
Unemployment Rate

Housing in Hagerstown

The median home value in Hagerstown, MD is $207,700. Monthly rent for a typical unit averages $1,041, while total monthly housing costs (including utilities and insurance) average $1,088.

Rent-to-income ratio: 25.0%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.

Income and Employment

The median household income in Hagerstown, MD is $49,957. The unemployment rate stands at 8.3%, with a labor force of 20,779 people.

Other Cities in Maryland

Baltimore, MD → Columbia, MD → Germantown, MD → Waldorf, MD → Silver Spring, MD → Frederick, MD → Ellicott City, MD → Glen Burnie, MD →

Data Sources

All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.

Verify at data.census.gov