The Hagerstown metro is home to 298,525 people (up 13.4% over five years), with a median household income of $75,473. Typical rent of $1,614/month works out to 25.7% of the median household income — near the 30% affordability threshold (Census ACS + Zillow, September 2026).
The share of Hagerstown's workforce by sector — the base of tenant demand:
| Sector | % of workforce |
|---|---|
| Education & health care | 22.4% |
| Retail trade | 12.4% |
| Manufacturing | 10.2% |
| Professional & management | 10.2% |
| Transportation & utilities | 8.4% |
Education & health care is the metro's largest employment base — sectors like education and health care are recession-resilient anchors for rental demand.
Rents at 25.7% of median income leave moderate headroom; underwrite rent growth conservatively. Market pricing, yields and the Star Score live on the Hagerstown market page; run a deal in the calculator.
At the 30%-of-income affordability rule, typical rent of $1,614/month suggests a household income around $65,000/year. The metro's median household income is $75,473.
By workforce share: Education & health care (22.4%), Retail trade (12.4%), Manufacturing (10.2%) (Census ACS 5-year).