HomeMarylandWashington CountyHagerstown
Hagerstown, Maryland: commercial real estate data.
Hagerstown is a Census city of 43,665 people across 12.92 square miles of land, in Washington County. Median household income is $52,221, 43.3 percent of occupied homes are owned, and the SBA record carries 104 7(a) approvals to borrowers here worth $59.7 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Hagerstown
What Hagerstown is
- Census place typecity
- Land area12.92 sq mi
- Water area0.01 sq mi
- Population per square mile of land3,379
- County holding the largest share of its areaWashington 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
- Population43,665
- Median age35.8
- Population under 1811,245
- Share under 1825.8 percent
- Population 65 and over6,354
- Share 65 and over14.6 percent
- Households18,144
- Family households9,452
- Share of households that are families52.1 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$52,221
- Per capita income$30,461
- Civilian labor force20,745
- Employed19,256
- Unemployed1,489 plus or minus 379
- Unemployment rate7.2 percent plus or minus 1.8
- Adults 25 and over28,762
- Adults 25 and over with a high school diploma or higher84.8 percent
- Adults 25 and over with a bachelor degree or higher20.5 percent
- Adults 25 and over with a graduate degree7.4 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hagerstown
Housing in Hagerstown
- Housing units19,679
- Occupied units18,144
- Vacant units1,535 plus or minus 343
- Vacancy rate7.8 percent plus or minus 1.7
- Owner occupied7,850
- Renter occupied10,294
- Ownership rate43.3 percent
- Median owner-occupied home value$224,500
- Median gross rent, monthly$1,114
- Annual rent as a share of median income25.6 percent
- Single family units12,398
- Share single family63.0 percent
- Units in buildings of two or more7,172
- Share in buildings of two or more36.4 percent
- Mobile homes109 plus or minus 92
- Median year structure built1962
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 commute16,810
- Commuting under 15 minutes5,356
- Share commuting under 15 minutes31.9 percent
- Commuting 30 minutes or more4,994
- Share commuting 30 minutes or more29.7 percent
- Drove alone68.0 percent
- Carpooled12.4 percent
- Public transport2.1 percent plus or minus 1.1
- Walked2.1 percent plus or minus 1.0
- Worked from home11.5 percent plus or minus 2.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hagerstown
SBA loans in Hagerstown (7(a))
- Approvals104
- Gross approval$59,704,200
- Average approval$574,079
- Median approval$100,000
- Ninetieth percentile approval$1,685,000
- Largest approval$5,000,000
- Jobs supported845
- Jobs per approval8.1
- Loans with a final outcome15
- Paid in full11
- Charged off4
- Median term120 months
- Share on real estate terms of 20 years or more9.6 percent
- Share to franchises8.7 percent
- Distinct lenders29
- Distinct industries by NAICS64
Counted by borrower city: approvals to borrowers whose address is in Hagerstown, in any county, FY2020 to FY2026. Only 15 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Hagerstown
SBA loans in Hagerstown (504)
- Approvals14
- Gross approval$11,567,000
- Average approval$826,214
- Median approval$884,500
- Largest approval$1,953,000
- Jobs supported183
- Loans with a final outcome4
- Charged off0
- Median term240 months
- Distinct CDCs3
Counted by borrower city: approvals to borrowers whose address is in Hagerstown, in any county, FY2010 to FY2026. Only 4 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Hagerstown
Flood risk in Hagerstown
- NFIP communityCity of Hagerstown
- NFIP community number240074
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date08/15/17
The City of Hagerstown participates in the National Flood Insurance Program as community 240074 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Washington County, not Hagerstown
Washington County context, not Hagerstown figures
- Establishments in Washington County3,417
- Covered employment, Washington County64,206
- Average annual pay, Washington County$58,252
- Housing units permitted, Washington County232
Every figure in this section is published for Washington County as a whole and is not a measurement of Hagerstown.
All Washington County figures →
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.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Hagerstown questions, answered from the record.
How many people live in Hagerstown, Maryland?
43,665, in 18,144 households. Hagerstown city covers 12.92 square miles of land, which is 3,379 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?
Washington 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?
$52,221. The median owner-occupied home is valued at $224,500. Median gross rent is $1,114 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?
104 7(a) approvals totaling $59.7 m since FY2020, across 29 lenders, median approval $100,000, plus 14 504 approvals worth $11.6 m since FY2010. 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 15 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Hagerstown in the National Flood Insurance Program?
Yes. Hagerstown appears in the FEMA Community Status Book as Hagerstown, city of, community 240074, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Hagerstown figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Washington 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?
No. Nothing on this page presents parcel level zoning.