Home Insurance in Parkin, Arkansas
The median home value in Parkin is $43,500, 63% lower than the Cross County median.
The typical home in Parkin was built around 1972. About 21% of homes were built before 1960, about 7 points above Cross County's 13%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
In Parkin, the housing stock is 60% single-family homes, 2% apartments in buildings with 5+ units and 13% mobile or manufactured homes. The rest are 2-4 unit or other housing types. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
29% of owner-occupied homes in Parkin carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Parkin has an owner-occupancy rate of 57% and a vacancy rate of 23%; unoccupied homes typically need a different coverage form.
In Parkin, 57% of homes are primarily heated with natural gas.
What's the biggest home insurance risk near Parkin? FEMA's National Risk Index points to earthquake (Relatively Moderate) in Cross County and Cross County had 103 active NFIP flood policies as of September 2026. See the full Cross 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 | $43,500 |
|---|---|
| Median year built | 1972 |
| Owner-occupied share | 57% |
| Share of owner-occupied homes with a mortgage | 29% |
| Top county hazard | Earthquake (Relatively Moderate) |
| Active NFIP policies in Cross County | 103 |
| 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)