Home Insurance in West Memphis, Arkansas
The median home value in West Memphis is $120,100, 25% lower than the Crittenden County median.
Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. The typical home in West Memphis was built around 1975. About 17% of homes were built before 1960, about 5 points above Crittenden County's 12%.
In West Memphis, the housing stock is 69% single-family homes, 19% apartments in buildings with 5+ units and 2% mobile or manufactured homes. The rest are 2-4 unit or other housing types.
About 53% of owner-occupied homes in West Memphis have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
West Memphis has an owner-occupancy rate of 46% and a vacancy rate of 16%; unoccupied homes typically need a different coverage form.
53% of homes in West Memphis are primarily heated with natural gas.
FEMA rates Crittenden County's overall risk as Relatively Moderate, led by earthquake (Relatively Moderate). Crittenden County had 396 active NFIP flood policies as of September 2026. See the full Crittenden County home insurance overview for all FEMA hazard ratings and flood coverage details. Earthquake damage is excluded from a standard homeowners policy.
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 | $120,100 |
|---|---|
| Median year built | 1975 |
| Owner-occupied share | 46% |
| Share of owner-occupied homes with a mortgage | 53% |
| Top county hazard | Earthquake (Relatively Moderate) |
| Active NFIP policies in Crittenden County | 396 |
| 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)