Home Insurance in Wheat Ridge, Colorado
With a median home value of $623,000, Wheat Ridge is close to the Jefferson County median.
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in Wheat Ridge was built around 1965. About 43% of homes were built before 1960, about 29 points above Jefferson County's 13%.
In Wheat Ridge, the housing stock is 67% single-family homes and 26% apartments in buildings with 5+ units.
74% of owner-occupied homes in Wheat Ridge carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
The vacancy rate is 4%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 54% of occupied homes in Wheat Ridge are owner-occupied.
70% of homes in Wheat Ridge are primarily heated with natural gas.
What's the biggest home insurance risk near Wheat Ridge? FEMA's National Risk Index points to hail (Very High) in Jefferson County and Jefferson County had 1,615 active NFIP flood policies as of September 2026. See the full Jefferson County home insurance overview for all FEMA hazard ratings and flood coverage details.
In Colorado, the statewide average premium for a standard HO-3 homeowners policy is $2,492 per year (NAIC, 2023 data).
Key figures
| Median home value | $623,000 |
|---|---|
| Median year built | 1965 |
| Owner-occupied share | 54% |
| Share of owner-occupied homes with a mortgage | 74% |
| Top county hazard | Hail (Very High) |
| Active NFIP policies in Jefferson County | 1,615 |
| Home insurance premium | $2,492 - 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)