City

Hagerstown, IN

1 ZIP code  ·  Wayne County  ·  Indiana

👥4,123Population
💰$69,180Median HH Income▼ 9% below avg
🎂40.1Median Age
🏠$147,300Median Home Value▼ 47% below avg
🎓31.6%College Grads▼ 19% below avg
📊2.0%Unemployment▼ 59% below avg
People & Population (ACS 2023 — weighted avg)
♂ Male 51.7% Female 48.3% ♀

Race & Ethnicity

White: 93.7%Hispanic: 3.7%Asian: 0.1%Other: 1%Race
White93.7%
Hispanic3.7%
Asian0.1%
Other1.0%

Age Breakdown

Under 5
6%
5–17
19%
18–24
9%
25–44
20%
45–64
28%
65+
7%

Key Indicators

Median Age40.1 yrs
Avg HH Size2.74
Below Poverty6.4% ▼ 37% below avg
College Grads31.6% ▼ 19% below avg
Unemployment2.0% ▼ 59% below avg
No HS Diploma2 (0.1%)
HS Graduate989 (37.9%)
Some College379 (14.5%)
Associates415 (15.9%)
Bachelors374 (14.3%)
Graduate Degree449 (17.2%)

Education

No HS: 0.1%HS Grad: 37.9%Some College: 14.5%Associates: 15.9%Bachelors: 14.3%Graduate: 17.2%Edu
No HS0.1%
HS Grad37.9%
Some College14.5%
Associates15.9%
Bachelors14.3%
Graduate17.2%
Housing & Income

Housing Tenure

Owner: 86.7%Renter: 13.3%Tenure
Owner86.7%
Renter13.3%

Home Value Distribution

Under $50k
11%
$50k–$100k
20%
$100k–$150k
20%
$150k–$200k
13%
$200k–$300k
25%
$300k–$500k
3%
Over $500k
8%

Financials

Median HH Income$69,180 ▼ 9% below avg
Median Home Value$147,300 ▼ 47% below avg
Home/Income Ratio2.1x (nat avg ~3.5x)
Median Rent$890/mo
Total Housing Units1,759
Vacant Units254

Income Distribution

Under $25k
17%
$25k–$50k
15%
$50k–$75k
20%
$75k–$100k
16%
$100k–$150k
15%
$150k–$200k
13%
Over $200k
4%
Employment & Commute

How People Get to Work

Drove Alone
87%
Walked
1%
Work From Home
12%

Commute Time

Under 15 min
26%
15–30 min
33%
30–45 min
26%
Over 45 min
15%
Housing Stock

Year Built

Before 1940
4%
1940s–1950s
13%
1960s–1970s
8%
1980s–1990s
10%
2000+
65%
About Hagerstown, IN

Hagerstown is a city in Indiana, located in Wayne County. The city spans 1 ZIP code and is home to approximately 4,123 residents. It is a middle-aged city, with a median age of 40.1 years.

Economically, Hagerstown is a solidly middle-class community. The median household income of $69,180 is near the national average. Approximately 6.4% of residents live below the poverty line. The unemployment rate is 2.0%, well below the national average.

The real estate market in Hagerstown is one of the more affordable housing markets in the country. Median home values stand at $147,300, which is below the national average. Renters typically pay around $890 per month. Homeownership is high at 86.7%, typical of suburban and family-oriented communities.

The population of Hagerstown is moderately educated. 31.6% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (93.74%).

Hagerstown, IN offers residents a cost-conscious lifestyle within Indiana.

ZIP Codes in Hagerstown
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
47346 4,123 $69,180 $147,300 $890 2.0% 31.6% 86.7%