What salary do you need to live in Hagerstown, MD?

What housing costs in Hagerstown

A one-bedroom in Hagerstown rents for a median of $785 a month, utilities the tenant pays included; a two-bedroom goes for $1,134 and a three-bedroom for $1,378. Over a full year, the two-bedroom median comes to $13,608.

On the ownership side, the typical owner-occupied home is valued at $278,100. With median household income at $78,802, a typical home costs 3.5× a typical income, close to the middle of the range across US metros.

BEA's Regional Price Parity for the metro is 94.2, where 100 is the US average. In plain terms, the full basket of goods, services and housing costs 5.8% less than average, so $100,000 here buys roughly what $106,190 would at average US prices.

Income needed for each grade in Hagerstown

With a two-bedroom at the median rent, the score enters Tight at $34,000, Okay at $68,000 and Comfortable at $137,000 a year before tax. At the Comfortable line, a year of rent takes 10% of income and the median home is 2.0× income.

Reaching Royal takes $384,000 — 2.8× the Comfortable line — because the last points come slowly once rent is already a small share.

How they were found: the same scoring function the calculator runs was evaluated at rising incomes until each cutoff was crossed, and the crossing rounded up to a whole $1,000.

Hagerstown at four common salaries

At $75,000, a one-bedroom scores 54 (Okay), a two-bedroom 48 (Okay) and a three-bedroom 45 (Tight). The $7,116 a year between the smallest and largest home is what moves the grade.

Read down the two-bedroom column and the first Comfortable row is $150,000, consistent with the $137,000 line above.

How Hagerstown ranks among 387 metros

Ranked against all 387 metros, Hagerstown sits 179th on overall price level and 184th on the two-bedroom rent median, counting from the most expensive. Its median home value ranks 176th.

For a sense of scale, the metros just above and below it on two-bedroom rent are Chattanooga, TN-GA ($1,136) and Syracuse, NY ($1,132).

Hagerstown next to Maryland and similar metros

Statewide, Maryland's median two-bedroom rent is $1,740 and its median home value $419,900. Hagerstown's rent is −35% against that, and its home value −34%; the price parity is 94.2 versus 105.0 for the state. Parts of the metro lie in West Virginia, but Hagerstown is in Maryland, so that is the state used here.

Scored the same way, the statewide figures turn Comfortable at $268,000, so Hagerstown needs $131,000 less than Maryland overall.

Within Maryland, the metros closest to Hagerstown on rent and overall prices are Salisbury, MD, Lexington Park, MD, and Philadelphia-Camden-Wilmington, PA-NJ-DE-MD. Their Comfortable lines for two bedrooms sit at $140,000, $236,000, and $223,000.

Where the typical Hagerstown household lands

The median household in the metro earns $78,802 (ACS 2020-2024). Run through the calculator with two bedrooms, that scores 49, Okay. That falls $58,198 short of the $137,000 Comfortable line, a reminder that the typical household here spends a larger share on housing than the Comfortable band allows. Statewide, the Maryland median household ($103,678) grades Tight on the state's own medians. A household figure may pool several earners, unlike a single salary.

Estimates use pre-tax income and public data; they are not financial advice.