In this study, we use the observations of electromagnetic waves by DEMETER satellite to investigate propagation characteristics of low altitude ionospheric hiss. In an event study, intense hiss wave power is concentrated over a narrow frequency band with a central frequency that decreases as latitude decreases, which coincides to the variation of local proton cyclotron frequency fCH. The wave propagates obliquely to the background magnetic field and equatorward from high latitude region. We use about 6 years’ observations to statistically study the dependence of ionospheric hiss wave power on location, local time, geomagnetic activity and season. The results demonstrate that the ionospheric hiss power is stronger on the dayside, under higher geomagnetic activity, in local summer and confined near the region where the local fCH is equal to the wave frequency. To explain the concentration of wave power, a ray tracing simulation is performed and reproduced the wave propagation process.