Hagerstown, Maryland is a medium-sized city with a population of 40,325 residents. Hagerstown has a population density of 3,314 people per square mile. This would be considered well above the national population density level. According to the most recent Census, 71% of Hagerstown residents are White, 18% Black and 3% Asian.
Without the right tools, relocating to any new city can be very stressful and challenging. Living in Hagerstown, Maryland could be a good experience for anyone who puts in the effort to do the research required. The best areas in Hagerstown and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, weather, employment, you will see a detailed breakdown of the most important information as well as comparisons to the Maryland and national averages.
Hagerstown, MD receives 64/100 for its livability score; this results in a ranking of #240 in Maryland and #18,612 in the USA. If we examine each of the categories individually, we see that Hagerstown ranks well for amenities (A+). Hagerstown does not rank well for the following: crime (F), education (D), employment (F) and housing (F). It might be a smart idea to take a closer look at each category to find out why.
Based on the proximity of local amenities like grocery stores, restaurants, coffee shops, parks, librairies, etc., Hagerstown has received a higher than average score for its local amenities. If you’re planning on relocating and making this area your permanent home, it’s nice to know that there is an ample amount of amenities and things to do within walking distance or a short drive. Some of the notable things to do include: Chesapeake & Ohio Canal National Historical Park, Washington County Museum of Fine Arts, and Discovery Station at Hagerstown.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are available, most people will need to know if the real estate in Hagerstown is actually affordable. Median real estate prices in Hagerstown come in at $149,400, which is 48.6% lower than the Maryland average. The home price to income ratio compares the median home prices to the median household income. In Hagerstown, the home price to income ratio is 3.7, which is 2.6% lower than the Maryland average. Year over year appreciation rates for homes in the Hagerstown area were 3.4% and the 5 year appreciation rates came in at 4.1%. Why is this important? Knowing the appreciation rates for any area is a quick and easy way to determine if you will see a solid return on your investment.