Find property management in Hagerstown, MD
Learn what to look for, compare Hagerstown management companies, and get free quotes.
The response from my new manager was super and I expect a great working relationship with her company. - Rhonda M.
Hagerstown Property Managers (30)
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Market Info
Hagerstown Management Companies
Are you looking for a professional property management company to oversee your home, condo, apartment building, commercial property or community association? Use our comprehensive directory of Hagerstown property management companies to find and get quotes from multiple property managers in Hagerstown, Maryland. You can also read our guide to hiring a property manager which covers everything from understanding the property management fee to breaking down property management contracts.
Housing Market Stats
Hagerstown | Maryland | U.S. | |
---|---|---|---|
Median Home Value | $224,600 | $333,900 | $192,400 |
Owner Costs > 30% Income | 14.6% | 17.7% | 14.7% |
Gross Rent > 30% Income | 20.4% | 21.6% | 19.2% |
Hagerstown Housing Market Stats
As of 2008, the rental vacancy rate in Hagerstown stood at 7%, relatively low compared to the rest of the country. There are about 112,545 housing units, averaging $224,600 in value, 31% of which are occupied by renters. The rent to price ratio in Hagerstown is 0.3%, slightly higher than the Maryland average. For 20% of Hagerstown tenants, 30% or more of their income goes to paying rent.
Demographic Stats
Hagerstown | Maryland | U.S. | |
---|---|---|---|
Avg Commute Time (minutes) | 28.7 | 30.8 | 25.3 |
Median Age | 37.2 | 36.8 | 36.7 |
Avg Household Size - Owners | 2.62 | 2.72 | 2.7 |
Avg Household Size - Renters | 2.24 | 2.36 | 2.42 |
Median Household Income | $52,190 | $68,404 | $52,175 |
Per Capita Income | $25,771 | $34,079 | $27,466 |
Hagerstown Demographic Info
Hagerstown has a population of 260,055, comprised of 100,345 households, with on average 3 members per household. Out of approximately 135,916 people in the civilian workforce, 128,185 (94%) were employed in 2008. 84% of the population 25 and older has earned a high school diploma, with 18% holding a 4 year college degree.