Hagerstown-Martinsburg
MD-WV

Comprehensive business data, market statistics, and demographic insights for Hagerstown-Martinsburg, MD-WV. Census-backed market intelligence updated annually.

POPULATION298,525
MEDIAN INCOME$75.5K
BUSINESSES5,228
TRENDING SECTOR 🔥Offices of Optometrists
+2.0%5-Year Growth
MARKET INTELLIGENCE

Market Signal Report

Curated Intelligence. We analyzed 324 local industries to isolate distinct economic patterns—from rapid acceleration to uncrowded markets.

Methodical Selection

These are not random picks. We filtered the census database to identify the strongest statistical match for distinct economic strategies.

  • > High Momentum (Biz Count Growth)
  • > Supply Gaps (Low Competition)
  • > Market Anchors (High Volume)
View Full Methodology
🚀
The Rocket Ship

Offices of Optometrists

While the average sector grew flat, Offices of Optometrists surged 2.0% from 2018 vs 2023. This is the fastest-moving opportunity in the market.

Businesses9
Growth Rate+2.0%
💎
The Hidden Gem

Offices of Optometrists

Growing demand (2018 vs 2023) with surprisingly low competition level. A classic supply-gap opportunity with strong margins.

Businesses9
Growth Rate+2.0%
💼
The Premium Sector

Independent Artists, Writers, and Performers

Professional industry driven by high-value human capital. High barrier to entry due to specialized workforce requirements.

Businesses6
Avg Salary$848.5K
🏰
The Stronghold

Plastics Bottle Manufacturing

Dominated by a few key players. High consolidation often indicates mature market dynamics.

Businesses4
CompetitionHighly Competitive21.4x above US avg
The Steady Giant

Religious Organizations

Zero volatility. Growth matches population exactly. A proven, volume-based sector for long-term consistency.

Businesses223
VolumeHighest

View All Niches

See full table (324 Rows)

💡

Hagerstown-Martinsburg Market Intelligence

324 Industries Analyzed • 2018 vs 2023 Data

Hagerstown-Martinsburg presents 324 market niches across diverse sectors. Competition is intense with 170 saturated sectors requiring differentiation strategies. Consider: Offices of Optometrists, Offices of Optometrists.

How to Read the Data
Competition Level
Business density per capita vs US average. ● Underserved = Less competition. ● Highly Competitive = More businesses per capita than average.
Growth Rate
5-year percentage change in number of businesses (2018 vs 2023). ● Growing = Positive growth. ● Stable = Modest change. ● Declining = Negative growth.
Businesses
Active employer establishments (businesses with at least one employee) in this niche within the metro. Source: US Census Bureau.
MOMENTUM
DENSITY
25 of 324 niches• Sorted: Businesses
Niche (NAICS) Competition Growth Rate Businesses Avg Team Avg Salary
Religious Organizations#813110
1.95
+12.6%2234.8$23.9K
Limited-Service Restaurants#722513
1.16
+5.7%20520.9$18.4K
Full-Service Restaurants#722511
1.14
+22.6%19018.9$22.7K
Offices of Physicians (except Mental Health Specialists)#621111
1.19
+9.5%16110.2$107.4K
General Automotive Repair#811111
1.69
+30.0%914.9$47.1K
Residential Remodelers#236118
1.01
+14.1%893.6$43.2K
Offices of Lawyers#541110
0.77
-9.7%843.6$73.1K
Commercial Banking#522110
1.66
+1.2%848.6$71.1K
Landscaping Services#561730
1.08
-1.2%835.3$42.8K
Plumbing, Heating, and Air-Conditioning Contractors#238220
1.16
-2.4%837.5$56.5K
Services for the Elderly and Persons with Disabilities#624120
2.98
+148.4%7716.7$34.7K
Offices of Dentists#621210
0.82
0.0%7410.2$65.0K
Insurance Agencies and Brokerages#524210
0.86
0.0%734.6$62.9K
Gasoline Stations with Convenience Stores#447110
1.23
+14.3%7215.9$30.2K
Beauty Salons#812112
1.16
-4.4%655.5$30.0K
Offices of Real Estate Agents and Brokers#531210
0.58
+14.5%632.2$45.4K
Electrical Contractors and Other Wiring Installation Contractors#238210
1.16
-1.6%6212.6$64.3K
Child Care Services#624410
1.11
+9.3%598.7$26.9K
New Single-Family Housing Construction (except For-Sale Builders)#236115
1.43
+17.4%544.4$49.8K
Janitorial Services#561720
1.21
+10.2%548.3$23.5K
All Other General Merchandise Stores#452319
1.74
+37.8%5111.8$19.9K
All Other Specialty Trade Contractors#238990
1.82
+138.1%505.4$63.9K
Hotels (except Casino Hotels) and Motels#721110
1.43
+19.5%4917.0$25.6K
General Freight Trucking, Local#484110
1.63
+45.5%4812.2$55.5K
Site Preparation Contractors#238910
1.94
+11.6%4815.3$63.0K
Viewing 25 of 324 niches

Understanding Your Data

How to read the numbers and what to do next.

We pull directly from official U.S. Census Bureau records (specifically County Business Patterns & Nonemployer Statistics). We don't use estimates or opinions—we simply clean and organize the government's raw data so you can actually use it.

VERIFIED
MARKET
DATA

We built this platform to provide the foundational data you need to navigate your market's landscape and competitive dynamics.

Straight from the Source

We pull raw numbers directly from the U.S. Census Bureau. You're looking at the same data used by banks and city planners, simplified for clarity.

Data-First Methodology

We focus exclusively on the numbers. Our rankings are driven by objective metrics like growth and density, ensuring you see the market exactly as the data reports it.

Transparent Logic

No secret formulas. We show you the raw metrics—Growth, Density, and Volume—so you can verify the math yourself.