This contribution explores the conceptual and empirical linkages between population dynamics and natural hazard risk management (NHRM). Following a review of the international scholarly literature, we conduct a mixed-methods approach in Austria, combining an online survey among policy makers and other stakeholders with a thematic analysis of policy documents. The aim is to investigate the practical relevance of socio-demographic change in Austria’s NHRM. The study shows that many hazard-prone regions in Austria face population change, in particular demographic ageing and population decline. In addition, our findings from the online survey demonstrate the relevance of population dynamics in NHRM, especially with regard to hazard response and recovery. Nonetheless, policy formulation in NHRM overwhelmingly disregards demographic change as a relevant factor. Accordingly, the study underscores the importance of future-oriented risk management strategies to better account for ongoing and expected socio-demographic changes.