Hazard is a city in Kentucky state in USA with a population of 5046 residents.. The poverty rate of Hazard is 22%, which is 57% higher than national average. The typical household in Hazard earns $50078 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 5 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 8 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 49.9% of households earn less than $50,000 a year compared to 39% national rate. With a lack of available jobs, many in Hazard are struggling financially. Nearly one in every 1 in every 10 workers in Hazard is unemployed. The high jobless rate has likely contributed to the widespread poverty in the city.

A high school education is a basic prerequisite for most jobs, and in Hazard, only 80% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Hazard remained 10.1%, which is 115% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Hazard, only 29% of adults have a bachelor's degree and 28% have some college but no degree.

Cost of living in Hazard is 85, which is 15% lower than national average. Median home value in Hazard is $122300 , which is 47% lower than national average. While median income in Hazard remained $50078, which is 26% lower than national average.