Surrounding Metropolitan Area Area
Hagerstown, Maryland is a part of the Hagerstown-Martinsburg, MD-WV metropolitan area area, and contains 6 zip codes: 21741, 21740, 21746, 21742, 21749, and 21747.
Hagerstown Demographics & Economic Trends
The 2019 average effective rent for Class A, B, and C apartments in the Hagerstown, MD metropolitan area area was $967, which is 10.89% lower than 2014 average rent. This represents a compounded annual growth rate of 2.09%. 2019 vacancy in Hagerstown, MD was 3.80%.
The total population of the city of Hagerstown, MD has grown 1.37% since 2010. As of 2018, the population was 40,205. The median household income of the Hagerstown was $40,531, which is 32.78% lower than the national average.
Submarket Area
Avg Rent
Rent Growth
Vacancy
Median Income
Population (2018)
Population Growth
Vs. Nat’l Avg
Zip Codes
Hagerstown-Martinsburg, MD-WV
$967
10.89%
3.80%
$40,531
40,205
1.37%
32.78%
21740 21741 21742 21746 21747 21749
Submarket Area Hagerstown-Martinsburg, MD-WV
Avg Rent $967
Rent Growth 10.89%
Vacancy 3.80%
Median Income $40,531
Population (2018) 40,205
Population Growth 1.37%
Vs. Nat’l Avg 32.78%
Zip Codes 21740 21741 21742 21746 21747 21749

