Home Insurance in Faulkner County, Arkansas
Homes in Faulkner County carry a median value of $232,700 - 24% higher than the Arkansas median.
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in Faulkner County was built around 1998. About 5% of homes were built before 1960, about 8 points below Arkansas's 13%.
The housing stock in Faulkner County is 67% single-family homes, 15% apartments in buildings with 5+ units and 10% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
In Faulkner County, about 63% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Faulkner County has an owner-occupancy rate of 62% and a vacancy rate of 8%; unoccupied homes typically need a different coverage form.
Most homes in Faulkner County - 66% - are primarily heated with electricity.
The top hazards for Faulkner County, per FEMA's National Risk Index, are tornado (Relatively High), earthquake (Relatively Moderate) and strong wind (Relatively High). Standard homeowners policies exclude earthquake, so separate coverage is usually needed.
As of September 2026, Faulkner County has 450 active NFIP flood insurance policies. Standard homeowners insurance does not cover flood damage, so flood coverage needs a separate NFIP or private flood 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 | $232,700 |
|---|---|
| Median year built | 1998 |
| Owner-occupied share | 62% |
| Share of owner-occupied homes with a mortgage | 63% |
| Top hazards (FEMA National Risk Index) | Tornado (Relatively High), Earthquake (Relatively Moderate), Strong Wind (Relatively High) |
| Active NFIP flood policies (county) | 450 |
| Home insurance premium | $1,870 - statewide average (NAIC, 2023 data) |
Towns and cities
Sources
- 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)