Hazard
Hazard city, Kentucky
Hazard, Kentucky, offers a refreshing contrast to the frenetic pace of larger cities. Here, life moves at a comfortable rhythm, underpinned by an affordability that's increasingly rare. With a median home value of just $146,900, housing costs are a fraction of the national average, making homeownership a realistic dream for many. The close-knit community of around 5,200 residents fosters a strong sense of belonging, where neighbors know each other and the pace of life encourages genuine connection. You'll find a lifestyle centered on the simple pleasures, with outdoor recreation and a welcoming atmosphere at the heart of the local culture.
From an investment perspective, Hazard presents compelling opportunities. While the median household income of $65,846 is slightly below the national average, the incredibly low cost of living makes this a very attractive spot for those seeking financial freedom. The housing market is stable, and the demand for affordable homes remains consistent. Hazard is well-suited for first-time homebuyers, retirees looking for a peaceful retreat, and anyone seeking a lower cost of living without sacrificing quality of life. The community is generally safe, and the town offers a good quality of life.
Hazard, Kentucky at a Glance
Hazard is a city in Hazard city, Kentucky with a population of approximately 5,194. The median home value is $146,900 and the median household income is $65,846.. The violent crime rate is 1.5 per 1,000 residents, which is 58% below the national average.. Median rent is $714 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$146,900
Median Income
$65,846
Population
5,194
Walk Score
N/A
Air Quality
N/A
Climate Risk
N/A
Good
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- Population
- 5,194
- Median Age
- N/A
- Median Household Income
- $65,846
12% below nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 29.7%
140% above nat'l avg
- Median Home Value
- $146,900
48% below nat'l avg
- Median Rent
- $714
39% below nat'l avg
- Homeownership Rate
- 60.5%
8% below nat'l avg
- Affordability Index
- N/A
- Violent Crime Rate
- 1.5 per 1K
58% below nat'l avg
- Property Crime Rate
- 8.1 per 1K
57% below nat'l avg
- AQI
- N/A
- Category
- N/A
- Overall Risk
- N/A
- Risk Score
- N/A
- Overall
- N/A
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- N/A
- Est. Monthly Electric
- N/A
- Unemployment Rate
- 11.2%
203% above nat'l avg
- Poverty Rate
- 29.7%
140% above nat'l avg
Political Landscape
→ Politically stable
Based on Garrard County county-level presidential election data
Culture & Things to Do in Hazard
Black Gold Festival
Annual festival celebrating the region's coal mining heritage.
Perry County Fair
A county fair featuring agricultural exhibits, rides, and entertainment.
Hazard Independence Day Celebration
A community celebration with fireworks and festivities.
Mountain Arts Center Performances
Various performances including concerts, plays, and other cultural events.
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