Salary & Cost of Living in Hagerstown, MD
Hagerstown, MD: $68,532 median salary, cost of living index 108.4, $15.00/hr minimum wage. Calculate your take-home pay with our free paycheck calculator.
Median Salary
$68,532
$33/hr
Cost of Living
108.4
US avg = 100
Minimum Wage
$15.00
per hour
Unemployment
3.4%
rate
Hagerstown, MD Overview
Population
44,312
Median Salary
$68,532
Average Salary
$76,756
Avg Commute
20 min
Median Home Price
$319,000
Median Rent
$1,298/mo
Job Growth
+1.1%
Sales Tax
6%
Hagerstown is located in Maryland with a population of 44,312. The median household salary is $68,532 per year ($33/hour), which is $9,148 above the national median of $59,384. The average commute time is 20 minutes, and the city has a job growth rate of +1.1%.
Hagerstown Paycheck Calculator
Enter your annual salary to see your estimated take-home pay in Hagerstown, MD, after federal, state, and local taxes.
Estimated Annual Take-Home Pay
$52,336
$4,361.30/month · $2,012.91/biweekly · Effective Rate: 23.6%
Gross Pay
$68,532
Federal Tax
-$6,691
State Tax
-$3,941
Local Tax
-$322
FICA
-$5,243
Net Pay
$52,336
Pay Breakdown
| Item | Monthly | Annual |
|---|---|---|
| Gross Salary | $5,711.00 | $68,532.00 |
| Federal Income Tax | -$557.59 | -$6,691.04 |
| Maryland State Tax (5.75%) | -$328.38 | -$3,940.59 |
| Local Tax (0.47%) | -$26.84 | -$322.10 |
| Social Security (6.2%) | -$354.08 | -$4,248.98 |
| Medicare (1.45%) | -$82.81 | -$993.71 |
| Net Take-Home Pay | $4,361.30 | $52,335.57 |
Salary Comparison: Hagerstown vs Other Cities
See how Hagerstown's median salary and cost of living compare to the national average and similar cities.
| City | Median Salary | COL Index | Adj. Salary |
|---|---|---|---|
| Hagerstown, MD | $68,532 | 108.4 | $63,221 |
| National Average | $59,384 | 100 | $59,384 |
| Huntsville, AL | $68,500 | 90 | $76,111 |
| Anaheim, CA | $68,500 | 155 | $44,194 |
| Cupertino, CA | $68,570 | 140 | $48,979 |
| Wildomar, CA | $68,599 | 145.8 | $47,050 |
Adjusted salary reflects purchasing power when cost of living is factored in. A higher adjusted salary means your money goes further.
Cost of Living in Hagerstown
Hagerstown's cost of living index is 108.4 (national average = 100). Living in Hagerstown is 8.400000000000006% more expensive than the national average.
Median Home Price
$319,000
Median Monthly Rent
$1,298
Annual Rent Cost
$15,576
Your Salary's Purchasing Power
Your $52,336 annual take-home pay in Hagerstown has the purchasing power of approximately $48,280 in an average-cost US area. You would need to earn $74,289 in Hagerstown to match a $68,532 salary in an average-cost city.
Top Industries in Hagerstown
Hagerstown's economy is driven by these key industries. Workers in top industries often earn significantly above the median salary of $68,532.
Salary Tips for Hagerstown Workers
- Maximize pre-tax deductions. With a 5.75% state income tax rate, maximizing 401(k) contributions (up to $23,500 in 2026) and HSA contributions can significantly reduce both your federal and state tax burden.
- Research top industries. Hagerstown's top industries include Cybersecurity, Biotech, Government. Targeting roles in these sectors can help you earn above the $68,532 median salary.
- Review your W-4 withholding. If you regularly receive large tax refunds, adjust your W-4 to increase your per-paycheck take-home pay instead of giving the government an interest-free loan.
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Frequently Asked Questions
What is the median salary in Hagerstown, MD?
The median salary in Hagerstown, MD is $68,532 per year, or $33 per hour. The average salary is $76,756. This is $9,148 above the national median of $59,384.
What is the cost of living in Hagerstown, MD?
Hagerstown's cost of living index is 108.4 (national average = 100), meaning it is 8.400000000000006% more expensive compared to the national average. The median home price is $319,000 and the median monthly rent is $1,298.
What are the best industries in Hagerstown?
The top industries in Hagerstown, MD include Cybersecurity, Biotech, Government. The city has a job growth rate of 1.1% and an unemployment rate of 3.4%. Workers in these industries often earn above the city's median salary of $68,532.
How does Hagerstown's salary compare to other cities?
Hagerstown's median salary of $68,532 is 15.4% above the national median of $59,384. However, when adjusted for cost of living (index: 108.4), the real purchasing power is approximately $63,221.
What is the minimum wage in Hagerstown, MD?
The minimum wage in Hagerstown, MD is $15.00 per hour. This equals approximately $31,200 per year for a full-time worker (40 hours/week). This is $7.75 above the federal minimum wage of $7.25/hour.