Home Insurance in Wainwright, Alaska
Homes in Wainwright carry a median value of $117,000 - 46% lower than the North Slope Borough median.
Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. The typical home in Wainwright was built around 1980. About 0% of homes were built before 1960, about 2 points below North Slope Borough's 2%.
The housing stock in Wainwright is 94% single-family homes and 6% apartments in buildings with 5+ units.
17% of owner-occupied homes in Wainwright carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
The vacancy rate is 6%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 66% of occupied homes in Wainwright are owner-occupied.
92% of homes in Wainwright are primarily heated with fuel oil. Homes heated with fuel oil can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
North Slope Borough's top FEMA-rated hazard is winter weather (Relatively Moderate), per FEMA's National Risk Index. North Slope Borough had 1 active NFIP flood policy as of September 2026. See the full North Slope Borough home insurance overview for all FEMA hazard ratings and flood coverage details.
According to the NAIC homeowners insurance report (2023 data), a standard HO-3 homeowners policy in Alaska carries a statewide average premium of $1,216 per year.
Key figures
| Median home value | $117,000 |
|---|---|
| Median year built | 1980 |
| Owner-occupied share | 66% |
| Share of owner-occupied homes with a mortgage | 17% |
| Top county hazard | Winter Weather (Relatively Moderate) |
| Active NFIP policies in North Slope Borough | 1 |
| Home insurance premium | $1,216 - statewide average (NAIC, 2023 data) |
Nearby towns
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)