Assessing vulnerability is vital for developing new strategies and improving the existing ones to fulfill contemporary demands toward achieving a disaster-resilient society. Dammar Char is situated in the southeastern (SE) coastal region of Bangladesh that has experienced frequent coastal hazards and disasters throughout the year. The present study has constructed a vulnerability index utilizing the quantitative and qualitative data based on household surveys to evaluate the vulnerability of the people and community of Dammar Char. Data were collected from 180 respondents during November–December 2018. The results demonstrate that, on average, the people living in the studied area have a high vulnerability (value of the vulnerability index 0.7015) to coastal hazards and disasters. The vulnerability level differs from individual to individual based on their gender, educational status, financial capacity, structural strength of houses, perception of the respective hazards and disasters, etc. Females have experienced more vulnerability than their adult male counterparts. The natural vulnerability was higher than socioeconomic and physical vulnerability due to the increase in unpredictable extreme climate-induced coastal events. To combat the adverse impacts of coastal hazards and disasters, the local Dammar Char inhabitants have adopted several adaptation measures. The adapted measures are homestead gardening, working in seasonal day labor, fish drying, rearing sheep, and ducks, constructing plinths for elevating the floor of the house, extensive banana cultivation, and storage of dry foods to reduce their vulnerability.