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Hazel

Learn about the people, housing, costs and businesses in Hazel, Kentucky

Median Home$191,300
Median Rent$737/month
Population378
Leading IndustriesConstruction · Public Administration · Agriculture & Mining8% construction
Home Value Growth⬆⬆⬆+37.6% over 2 years
Young Adults28% of residentsnear the national average
Homeowners87% of occupied units
Hazel
KY

Frequently Asked Questions

What are today's mortgage rates in Hazel?

As of today, the 30-year fixed mortgage rate for Hazel is approximately 7.039% (7.080% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Hazel?

The median home value in Hazel is $191k. The median monthly rent is $737. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Hazel?

Home values in Hazel have increased 37.6% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Hazel?

Based on a typical all-in ownership cost of $745/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $32k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Hazel is $71k/year.

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What industries drive the economy in Hazel?

The largest employment sectors in Hazel are public administration (29%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.