Magnetic recording medium

A magnetic recording medium including a magnetic layer and a base, wherein

• the magnetic layer includes magnetic powders including an ε-iron oxide particle that includes an ε-iron oxide,
• a ratio (Hrp/Hc) of a residual coercivity (Hrp) measured in a perpendicular direction of the magnetic recording medium with use of a pulse magnetic field to a perpendicular coercivity (Hc) of the magnetic recording medium is from 1.56 to 2.0,
• saturation magnetization (Mst) per unit area of the magnetic recording medium is 7.8 mA or greater,
• a first peak at 32.9° and a second peak at 36.6° are produced in a diffraction pattern by in-plane X-ray diffraction (with a Cu tube) of the magnetic recording medium,
• the ε-iron oxide particle has a core-shell structure and further includes zirconium (Zr) and cobalt (Co), and
• wherein the perpendicular coercivity (Hc) is 2000 Oe or greater and 6000 Oe or less.