Home Insurance in Waldo, Arkansas
The median home value in Waldo is $61,800, 59% lower than the Columbia County median.
The typical home in Waldo was built around 1975. About 28% of homes were built before 1960, about 5 points above Columbia County's 23%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
The housing stock in Waldo is 65% single-family homes and 28% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
About 42% of owner-occupied homes in Waldo have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Waldo has an owner-occupancy rate of 80% and a vacancy rate of 30%; unoccupied homes typically need a different coverage form.
Most homes in Waldo - 55% - are primarily heated with electricity.
What's the biggest home insurance risk near Waldo? FEMA's National Risk Index points to hail (Relatively Moderate) in Columbia County and Columbia County had 11 active NFIP flood policies as of September 2026. See the full Columbia County home insurance overview for all FEMA hazard ratings and flood coverage details.
The statewide average premium for a standard HO-3 homeowners policy in Arkansas is $1,870 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $61,800 |
|---|---|
| Median year built | 1975 |
| Owner-occupied share | 80% |
| Share of owner-occupied homes with a mortgage | 42% |
| Top county hazard | Hail (Relatively Moderate) |
| Active NFIP policies in Columbia County | 11 |
| Home insurance premium | $1,870 - 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)