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These days, finding an affordable place to live in the Hazard area can be challenging. Home prices in Hazard are now at a median cost of $103,325, lower than the Kentucky average of $219,615.
The average cost of rent is $770/mo in Hazard, primarily driven by the current value of real estate in the Hazard area. In Hazard, 39.55% of households rent, and 58.30% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hazard is $3,579 per month. Households that rent pay about 21.53% of their income on rent here. Hazard’s most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Combs, KY: less expensive homes
- Bulan, KY: equally priced homes
- Bonnyman, KY: higher priced homes
- Dwarf, KY: higher priced homes
- Fourseam, KY: equally priced homes
- Jeff, KY: equally priced homes
- Busy, KY: equally priced homes
- Avawam, KY: equally priced homes
- Frew, KY: less expensive homes
- Dice, KY: higher priced homes
Cities with Similar Populations
- Oakland, TN: higher priced homes
- Montevallo, AL: higher priced homes
- Montgomery, OH: higher priced homes
- Monticello, AR: higher priced homes
- Montoursville, PA: higher priced homes
- Montpelier, VT: higher priced homes
- Morro Bay, CA: higher priced homes
- Morrow, OH: higher priced homes
- Moseley, VA: higher priced homes
- Mount Pleasant, IA: higher priced homes
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