Home Insurance in Wilmar, Arkansas
The median home value in Wilmar is $102,500, 27% lower than the Drew County median.
The typical home in Wilmar was built around 1972. About 35% of homes were built before 1960, about 19 points above Drew County's 16%. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild.
Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in Wilmar is 64% single-family homes and 36% mobile or manufactured homes.
In Wilmar, about 22% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Wilmar has an owner-occupancy rate of 75% and a vacancy rate of 12%; unoccupied homes typically need a different coverage form.
58% of homes in Wilmar are primarily heated with natural gas.
FEMA rates Drew County's overall risk as Very Low, led by earthquake (Relatively Low). Drew County had 55 active NFIP flood policies as of September 2026. See the full Drew County home insurance overview for all FEMA hazard ratings and flood coverage details. Earthquake damage is excluded from a standard homeowners policy.
According to the NAIC homeowners insurance report (2023 data), a standard HO-3 homeowners policy in Arkansas carries a statewide average premium of $1,870 per year.
Key figures
| Median home value | $102,500 |
|---|---|
| Median year built | 1972 |
| Owner-occupied share | 75% |
| Share of owner-occupied homes with a mortgage | 22% |
| Top county hazard | Earthquake (Relatively Low) |
| Active NFIP policies in Drew County | 55 |
| 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)