Hagerstown, IN Profile: Facts & Data

Hagerstown, Indiana - Basic Facts

The Town of Hagerstown had a population of 1,733 as of July 1, 2024.

The primary coordinate point for Hagerstown is located at latitude 39.9112 and longitude -85.1616 in Wayne County. The formal boundaries for the Town of Hagerstown encompass a land area of 1.32 sq. miles and a water area of 0 sq. miles. Wayne County is in the Eastern time zone (GMT -5).

The Town of Hagerstown has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The Town of Hagerstown is located within Township of Jefferson, a minor civil division (MCD) of Wayne County.

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Hagerstown, IN Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	1,733 (100%)
Population in Households	1,733 (100.0%)
Population in Families	1,292 (74.6%)
Population in Group Quarters¹	0
Population Density	1,315
Diversity Index²	13


INCOME
Median Household Income	$69,297
Average Household Income	$82,118
% of Income for Mortgage⁴	17%
Per Capita Income	$35,491
Wealth Index⁵	67
Socioeconomic Status Index⁶	Moderate (51.0)

HOUSING
Total HU (Housing Units)	802 (100%)
Owner Occupied HU	573 (71.4%)
Renter Occupied HU	176 (21.9%)
Vacant Housing Units	53 ( 6.6%)
Median Home Value	$188,636
Average Home Value	$201,309
Housing Affordability Index³	145

HOUSEHOLDS
Total Households	749
Average Household Size	2.31
Family Households	454
Average Family Size	3.00

HOUSING

Total HU (Housing Units)

802 (100%)

Owner Occupied HU

573 (71.4%)

Renter Occupied HU

176 (21.9%)

Vacant Housing Units

53 ( 6.6%)

Median Home Value

$188,636

Average Home Value

$201,309

Housing Affordability Index³

145

HOUSEHOLDS

Total Households

749

Average Household Size

2.31

Family Households

454

Average Family Size

3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	0.72%	0.43%
Households	0.44%	0.40%
Families		0.57%
Median Household Income		2.87%
Per Capita Income		3.47%
Owner Occupied HU		0.82%

GROWTH RATE / YEAR

2020-2024

2024-2029

Population

0.72%

0.43%

Households

0.44%

0.40%

Families

0.57%

Median Household Income

2.87%

Per Capita Income

3.47%

Owner Occupied HU

0.82%

Hagerstown, IN - Peer Comparisons by Rank and Percentile

The table below compares Hagerstown to the other 976 incorporated cities, towns and CDPs in Indiana by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description	Rank	Percentile
Total Population	# 251	74th
Population Density	# 331	66th
Median Household Income	# 504	48th
Housing Affordability Index	# 646	66th
Per Capita Income	# 459	53rd
Diversity Index	# 678	31st

Variable Description

Rank

Percentile

Total Population

# 251

74th

Population Density

# 331

66th

Median Household Income

# 504

48th

Housing Affordability Index

# 646

66th

Per Capita Income

# 459

53rd

Diversity Index

# 678

31st

Indiana Census Data Comparison Tool

Hagerstown, IN Profile: Facts & Data

Hagerstown, Indiana - Basic Facts

Hagerstown, IN Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Hagerstown, IN - Peer Comparisons by Rank and Percentile

Hagerstown, IN - Most Popular Things to Do

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