Median Income
$66,500
household / year
Median Home Value
$115,000
owner-occupied
Median Rent
$812
gross / month
Cost of Living
92
national avg = 100

Is Hagerstown, IN a Good Place to Live?

Hagerstown is a small town of 1,932 in Indiana, with a median household income of $66,500 and a 2.9% unemployment rate. Its cost of living index is 92 (US average = 100), which is 8% below the national average.

Strengths: Hagerstown stands out for an affordable cost of living, below-average home prices, solid school ratings (B-).

Trade-offs: No major red flags stand out in the available data. Whether Hagerstown is right for you depends on your priorities — the full breakdown is below.

All Hagerstown city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 91.8

Hagerstown's overall cost of living index is 91.8, where 100 represents the US national average. Living in Hagerstown costs roughly 8% less than the average American city.

Metric Hagerstown, IN National Avg
Median Home Value $115,000 $244,900
Median Monthly Rent $812 $1,163
Homeownership Rate 79.6% 65.9%
Median Household Income $66,500 $74,755

Crime & Safety

Crime data for Hagerstown is not currently available from the FBI's Uniform Crime Reporting program. Not all local agencies report to the UCR each year.

Schools & Education

Hagerstown is served primarily by Nettle Creek School Corporation. The student-to-teacher ratio is 14.8:1 (better than the national average of ~16:1).

Metric Hagerstown, IN National Avg
School District Nettle Creek School Corporation —
Elementary Schools 1 —
Middle Schools N/A —
High Schools 1 —
Student/Teacher Ratio 14.8:1 16:1
Bachelor's Degree or Higher 16.4% 35.4%
High School Diploma or Higher 93.9% 91.1%

Weather & Climate

Hagerstown sees average highs of 33.8°F in January and 82.4°F in July, with 42.6 inches of annual precipitation and 24.8 inches of snow per year.

MetricHagerstown, IN
Average High — January33.8°F
Average High — July82.4°F
Annual Precipitation42.6"
Annual Snowfall24.8"

Demographics

MetricHagerstown, INNational Avg
Population1,932—
Median Age33.738.9
Unemployment Rate2.9%3.7%
Avg Commute Time27.1 min26 min
White (non-Hispanic)97.8%59.3%
Black or African American0.0%13.6%
Hispanic or Latino0.6%18.9%
Asian0.3%6.3%
Under 1826.7%22.2%
65 and over14.6%16.8%

Nearby Cities

ZIP Codes in Hagerstown

Hagerstown, IN is covered by 1 ZIP code:

Hagerstown vs Other Cities

Frequently Asked Questions

Hagerstown's cost of living index is 92, where 100 is the national average. That makes Hagerstown roughly 8% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $115,000 and median rent is $812/month.
Crime data for Hagerstown is not available in the current FBI UCR reporting year. Not all jurisdictions submit data annually.
Public schools in Hagerstown are operated by Nettle Creek School Corporation. The district has 1 elementary, several middle, and 1 high schools. The student-to-teacher ratio is 14.8:1. 16.4% of adults 25+ hold a bachelor's degree or higher.
Hagerstown, IN has a population of 1,932, a median household income of $66,500, and an unemployment rate of 2.9%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Hagerstown averages 33.8°F in January and 82.4°F in July. Annual rainfall is 42.6 inches with about 24.8 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Hagerstown, IN is covered by 1 ZIP code: 47346.
The population of Hagerstown, Indiana is 1,932 with a median age of 33.7. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Hagerstown: cost of living index 92 (100 = US average), median home $115,000, median household income $66,500, schools rated B-. Whether these are benefits or drawbacks depends on where you're coming from — compare Hagerstown side by side with your current city to see the trade-offs.