Hazard, NE
Population 72 · Nebraska
About Hazard, NE
Hazard is a small community located in Nebraska with a population of 72 residents according to the latest US Census Bureau American Community Survey data. The median household income is $0 per year, which is 100% below the national median of $75,149. The median age of 32.3 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Hazard features a median home value of $132,500, which is 46% below the national median of $244,900. This makes Hazard one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 30 total housing units, 90% are owner-occupied (27 units) and 10% are renter-occupied (3 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Hazard shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 25.0%, above the national average of 12.4%. Workers in Hazard have an average one-way commute time of 45.9 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
42.6% of Hazard residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 1.4% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 1.4% Asian residents, with 1.4% of the population being foreign-born.
How Hazard Ranks in Nebraska
Cost of Living in Hazard, NE
Compared to national averages, Hazard has a median household income of $0 (100% below the national median of $75,149). Home values average $132,500, which is 46% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Nebraska, Hazard's income is 100% below the state average of $65,895, and home values are 5% above the state median of $125,824.
Why Live in Hazard, NE?
Hazard offers affordable housing with a median home value of $132,500, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a well-educated community where 42.6% of residents hold a bachelor’s degree or higher.
Potential considerations include median household income ($0) that falls below the national average. However, Hazard’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Hazard has a population of 72 with a median age of 32.3 years. Compare Hazard with other cities to see how it stacks up, or explore all cities in Nebraska.
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Demographics
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Economy & Education
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Other Cities in Nebraska
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Hazard
What is the population of Hazard, NE?
The population of Hazard, NE is 72 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Nebraska.
What is the median household income in Hazard?
The median household income in Hazard, NE is $0 per year, which is 100% below the national median of $75,149.
What is the median home value in Hazard?
The median home value in Hazard, NE is $132,500, which is 46% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Hazard?
The median monthly rent in Hazard, NE is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Hazard?
The unemployment rate in Hazard, NE is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Hazard, NE a good place to live?
Hazard offers a moderate cost of living, affordable housing, and a strong job market. With a population of 72 and a median age of 32.3, the city appeals to young professionals and families.
How educated is Hazard, NE?
42.6% of residents in Hazard aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Hazard?
Key cost-of-living indicators for Hazard, NE: median home value is $132,500 (46% below national), median rent is $0/month, and median household income is $0. The home-value-to-income ratio is Infinityx, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Hazard?
The poverty rate in Hazard, NE is 25.0%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Hazard, NE?
Hazard's population is 1.4% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 1.4% Asian, and 0.0% two or more races. 1.4% of residents are foreign-born.