Hagerstown, Indiana Demographics & Population 2026
During the 2020–2024 ACS period, Hagerstown, Indiana had a total population of 1,642, the 263rd largest town in Indiana, with a median household income of $56,484, which is 22% lower than the state average. The poverty rate is 10.7%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Housing is very affordable with a home-value-to-income ratio of just 2.1x.
Hagerstown Quick Facts
How Hagerstown Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 1,710 | 1,642 | -4.0% |
| Median household income | $59,350 | $56,484 | -4.8% |
| Median home value | $115,600 | $119,600 | +3.5% |
How Hagerstown Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 41 | National average: 61
Education
Educational Attainment (Adults 25+)
Hagerstown Rankings in Indiana
Explore Indiana Rankings
Other Cities in Wayne County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Richmond | 35,581 | $45,399 | 25.4% | $114,400 |
| Centerville | 2,772 | $49,688 | 14.2% | $149,200 |
| Cambridge City | 1,657 | $51,071 | 19.9% | $103,100 |
| Dublin | 870 | $51,406 | 3.2% | $97,700 |
| Fountain City | 702 | $47,802 | 17.9% | $96,200 |
| Spring Grove | 464 | $58,359 | 21.3% | $126,900 |
| Greens Fork | 436 | $74,875 | 6.9% | $96,300 |
| Milton | 323 | $47,083 | 13.6% | $83,900 |
| Boston | 246 | $70,893 | 30.8% | $75,500 |
| East Germantown | 229 | $45,179 | 7.0% | $95,400 |
Cities Similar to Hagerstown
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| South Whitley | 1,660 | $58,068 | $134,100 | 11.2% | 13.9% |
| Eaton | 1,630 | $54,531 | $89,800 | 7.3% | 14.8% |
| Osgood | 1,637 | $52,625 | $149,800 | 12.0% | 9.7% |
| Crothersville | 1,720 | $55,909 | $120,300 | 8.4% | 26.0% |
| Milford | 1,661 | $51,667 | $159,700 | 8.9% | 9.4% |
Population Overview
Hagerstown is a small community located in Indiana, within Wayne County. The total population is 1,642. It ranks as the 263rd most populous out of 967 Census-designated places in Indiana.
Age Demographics
The median age in Hagerstown is 39.4 years. This is 3% higher than the state median of 38.1 years.
Economy, Income & Housing
The median household income in Hagerstown is $56,484. This is 22% lower than the state median of $71,957. It is also 30% lower than the national median of $80,734. The poverty rate stands at 10.7%. This is 13% lower than the state poverty rate of 12.3%. The unemployment rate is 3.9%. This is 10% lower than the state rate of 4.3%. The median home value is $119,600. Housing costs are 45% lower than the state median of $218,200. With a home-value-to-income ratio of just 2.1x, Hagerstown is one of the most affordable housing markets in the area. 77.3% of occupied housing units are owner-occupied. This homeownership rate is 10% higher than the state average of 70.5%.
Race & Ethnicity
Hagerstown has a predominantly White (non-Hispanic) population, comprising 94.0% of all residents. Hispanic or Latino residents account for 4.5%. The Asian population (0.2%) is well below the state average of 2.6%.
Education
17.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 40% lower than the state rate of 29.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 95.5%.
Data Sources & Methodology
All demographic data for Hagerstown, Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. 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. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Hagerstown, Indiana?
Hagerstown, Indiana has a population of 1,642 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Hagerstown, IN?
The median household income in Hagerstown is $56,484, which is 30% lower than the national median of $80,734.
What is the poverty rate in Hagerstown, IN?
The poverty rate in Hagerstown is 10.7%. This means approximately 173 residents live below the federal poverty line.
What is the racial makeup of Hagerstown, Indiana?
Hagerstown's population is 94.0% White, 0.0% Black, 4.5% Hispanic/Latino, and 0.2% Asian.
What is the median home value in Hagerstown, IN?
The median home value in Hagerstown is $119,600. The home-value-to-income ratio is 2.1x.
How educated is Hagerstown, Indiana?
17.6% of adults (25+) in Hagerstown hold a bachelor's degree or higher, and 4.9% hold a graduate or professional degree.