Mr. Appliance
Trusted appliance repair franchise serving residential and commercial customers coast to coast.
$50k minimum cash required
Businesses for Sale | Hagerstown, Maryland
Discover business opportunities, in or around Hagerstown, with well-established brands, who are looking for people like you to help them grow.
As of the 2024 ACH Map Data, Hagerstown, located in The Old Line State had a total population of 43,577 people.
City Statistics and Other Information About Hagerstown
Demographics
From a total population of 43,577, Hagerstown has a median age of 36. The average age of males, in Hagerstown, is 36 while the average age of females is 36. When you compare the median age of men and women in Hagerstown, there is an average difference of 0.31 years.
Income
The median income of individuals, in Hagerstown, is $32,389 while the average household income is $51,662. In 2029, the average income per capita for Hagerstown is expected to be $32,389.
Additional Information
21740 - 21749Washington County
Is Hagerstown the Best Location for Franchise Opportunities and Growth?
What is the average income in Hagerstown?
The median household income in Hagerstown is $51,662, providing insight into the financial conditions of local residents and their ability to support businesses.
Is Hagerstown an affordable place to start a franchise?
With a median income of $51,662, Hagerstown presents an opportunity for businesses that cater to cost-conscious consumers, making it a strong market for affordable and essential services.
How does Hagerstown's income compare to other locations?
The median income of $51,662 in Hagerstown is below the national median income of $80,610, influencing local consumer spending habits and franchise potential.
Does Hagerstown have a stable workforce to support my business?
Absolutely! With 9,968 employed individuals, Hagerstown offers a solid labor force to support franchise growth.
Is Hagerstown a growing economy?
With a workforce of 9,968 and a median household income of $51,662, Hagerstown provides an emerging economic environment for new business opportunities.
Does homeownership in Hagerstown indicate a stable market?
Homeownership rates at 7,685 show a strong local investment in the community, which benefits long-term franchise success.