HomeIndianaWayne CountyHagerstown town
Hagerstown town, Indiana: commercial real estate data.
Hagerstown town is a Census town of 1,642 people across 1.32 square miles of land, in Wayne County. Median household income is $56,484, 77.3 percent of occupied homes are owned, and the SBA record carries 3 7(a) approvals to borrowers here worth $45,000.
66 sourced place values · tier FULL · 7 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Hagerstown
What Hagerstown is
- Census place typetown
- Land area1.32 sq mi
- Water area0 sq mi
- Population per square mile of land1,246
- County holding the largest share of its areaWayne County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hagerstown
How many people live in Hagerstown
- Population1,642
- Median age39.4
- Population under 18389 plus or minus 95
- Share under 1823.7 percent
- Population 65 and over335
- Share 65 and over20.4 percent
- Households709
- Family households412
- Share of households that are families58.1 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hagerstown
Income and work in Hagerstown
- Median household income$56,484
- Per capita income$28,621
- Civilian labor force752 plus or minus 152
- Employed723 plus or minus 146
- Unemployed29 plus or minus 23
- Unemployment rate3.9 percent plus or minus 3.0
- Adults 25 and over1,109
- Adults 25 and over with a high school diploma or higher95.5 percent plus or minus 19.7
- Adults 25 and over with a bachelor degree or higher17.6 percent plus or minus 3.7
- Adults 25 and over with a graduate degree4.9 percent plus or minus 2.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hagerstown
Housing in Hagerstown
- Housing units785
- Occupied units709
- Vacant units76 plus or minus 40
- Vacancy rate9.7 percent plus or minus 4.9
- Owner occupied548
- Renter occupied161 plus or minus 48
- Ownership rate77.3 percent
- Median owner-occupied home value$119,600
- Median gross rent, monthly$661
- Annual rent as a share of median income14.0 percent
- Single family units680
- Share single family86.6 percent
- Units in buildings of two or more105 plus or minus 46
- Share in buildings of two or more13.4 percent plus or minus 5.5
- Mobile homes0
- Median year structure built1938
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hagerstown
How Hagerstown gets to work
- Workers 16 and over who commute679 plus or minus 140
- Commuting under 15 minutes168 plus or minus 47
- Share commuting under 15 minutes24.7 percent
- Commuting 30 minutes or more270 plus or minus 68
- Share commuting 30 minutes or more39.8 percent
- Drove alone85.2 percent
- Carpooled6.3 percent plus or minus 4.9
- Public transport0.0 percent
- Walked1.7 percent plus or minus 1.8
- Worked from home4.4 percent plus or minus 3.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hagerstown
SBA loans in Hagerstown (7(a))
- Approvals3
- Gross approval$45,000
- Average approval$15,000
- Median approval$10,000
- Ninetieth percentile approval$25,000
- Largest approval$25,000
- Jobs supported0
- Jobs per approval0.0
- Loans with a final outcome2
- Paid in full2
- Charged off0
- Median term60 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders1
- Distinct industries by NAICS2
A charge-off rate is not published here. only 2 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Wayne County, not Hagerstown
Wayne County context, not Hagerstown figures
These are Wayne County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Hagerstown measurements.
- Establishments in Wayne County1,453
- Employment at those establishments, Wayne County25,774
- Covered employment, Wayne County29,736
- Average annual pay, Wayne County$51,067
- Average weekly wage, Wayne County$982
- Housing units permitted, Wayne County45
- Of those, single family, Wayne County41
- County product, 2024, Wayne County$3,814,557,000
- County product change over the prior year, Wayne County3.3 percent
- Average income of an arriving household, Wayne County$46,160
Every figure in this section is published for Wayne County as a whole and is not a measurement of Hagerstown. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Hagerstown questions, answered from the record.
How many people live in Hagerstown, Indiana?
1,642, in 709 households. Hagerstown town covers 1.32 square miles of land, which is 1,246 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Hagerstown in?
Wayne County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Hagerstown?
$56,484. The median owner-occupied home is valued at $119,600. Median gross rent is $661 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Hagerstown businesses?
3 7(a) approvals totalling $45,000, across 1 lenders, median approval $10,000. These count approvals to borrowers whose address is in Hagerstown, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Hagerstown borrowers get paid back?
No rate is published for Hagerstown. only 2 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Hagerstown figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Wayne County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Hagerstown.
Is zoning published for Hagerstown?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.