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Hagerstown town, Indiana Demographics & Population 2026

Very AffordableHome value to income ratio of 1.9x is exceptionally low

As of 2026, Hagerstown town, Indiana has a total population of 1,710, the 259th largest city in Indiana, with a median household income of $59,350, which is 15% lower than the state average. The poverty rate is 9.7%.

Key Takeaways

Hagerstown town Quick Facts

Population 1,710
Median Household Income $59,350
Median Home Value $115,600
Poverty Rate 9.7%
Unemployment Rate 3.0%
Median Age 35.3 years
Homeownership Rate 77.7%
Affordability Ratio 1.9x
Bachelor's Degree or Higher 17.3%
High School Graduation Rate 96.2%
Diversity Index 13/100
Population 1,710 259th of 967
Median Income $59,350 average
Poverty Rate 9.7% 22% lower national
Median Home Value $115,600 below average

How Hagerstown town Compares

Economy & Housing

Employment

3.0% Unemployment Rate State: 4.3% | National: 5.2%
60.9% Labor Force Participation

Housing Overview

Owner 77.7%
Renter 22.3%
Affordability Index Very Affordable
1.9x home value to income ratio

People & Demographics

Diversity Index

13out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 40 | National average: 60

Education

Hagerstown town Rankings in Indiana

#259 Population of 967
#474 Median Income of 967
#381 Education of 967
#510 Home Value of 967

Cities Similar to Hagerstown town

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Brookston town1,703$62,375$132,70018.4%11.9%
Kentland town1,759$56,442$103,20016.2%19.9%
Arcadia town1,696$66,852$164,40017.4%12.2%
Argos town1,822$60,214$128,10011.4%18.9%
Crothersville town1,701$52,039$112,8007.4%22.8%

Population Overview

Hagerstown town is a small community located in Indiana. The total population is 1,710. It ranks as the 259th most populous out of 967 cities and towns in Indiana.

Age Demographics

The median age in Hagerstown town is 35.3 years. This is 7% lower than the state median of 38.0 years.

Economy, Income & Housing

The median household income in Hagerstown town is $59,350. This is 15% lower than the state median of $70,051. Compared to the national median of $78,538, household income here is 24% lower. The poverty rate stands at 9.7%. This is 20% lower than the state poverty rate of 12.2%. The unemployment rate is 3.0%. This is 30% lower than the state rate of 4.3%. The median home value is $115,600. Housing costs are 43% lower than the state median of $201,600. With a home-value-to-income ratio of just 1.9x, Hagerstown town is one of the most affordable housing markets in the area. 77.7% of occupied housing units are owner-occupied. This homeownership rate is 10% higher than the state average of 70.3%.

Race & Ethnicity

Hagerstown town has a predominantly White (non-Hispanic) population, comprising 93.3% of all residents. Hispanic or Latino residents account for 5.0%. The Asian population (0.3%) is well below the state average of 2.5%.

Education

17.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 40% lower than the state rate of 28.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 96.2%.

Data Sources & Methodology

All demographic data for Hagerstown town, Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Indiana state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 967 Census-designated places in Indiana. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Hagerstown town, Indiana?

Hagerstown town, Indiana has a population of 1,710 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Hagerstown town, IN?

The median household income in Hagerstown town is $59,350, which is 24% lower the national median of $78,538.

What is the poverty rate in Hagerstown town, IN?

The poverty rate in Hagerstown town is 9.7%. This means approximately 164 residents live below the federal poverty line.

What is the racial makeup of Hagerstown town, Indiana?

Hagerstown town's population is 93.3% White, 0.0% Black, 5.0% Hispanic/Latino, and 0.3% Asian.

What is the median home value in Hagerstown town, IN?

The median home value in Hagerstown town is $115,600. The home-value-to-income ratio is 1.9x.

How educated is Hagerstown town, Indiana?

17.3% of adults (25+) in Hagerstown town hold a bachelor's degree or higher, and 6.7% hold a graduate or professional degree.