Home Insurance in Milledgeville, Illinois
The median home value in Milledgeville is $94,200, 18% lower than the Carroll County median.
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in Milledgeville was built around 1942. About 74% of homes were built before 1960, about 21 points above Carroll County's 53%.
The housing stock in Milledgeville is 93% single-family homes and 4% apartments in buildings with 5+ units.
50% of owner-occupied homes in Milledgeville carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Milledgeville has an owner-occupancy rate of 85% and a vacancy rate of 2%; unoccupied homes typically need a different coverage form.
In Milledgeville, 87% of homes are primarily heated with natural gas.
FEMA rates Carroll County's overall risk as Very Low, led by strong wind (Relatively Moderate). Carroll County had 18 active NFIP flood policies as of September 2026. See the full Carroll County home insurance overview for all FEMA hazard ratings and flood coverage details.
According to the NAIC homeowners insurance report (2023 data), a standard HO-3 homeowners policy in Illinois carries a statewide average premium of $1,480 per year.
Key figures
| Median home value | $94,200 |
|---|---|
| Median year built | 1942 |
| Owner-occupied share | 85% |
| Share of owner-occupied homes with a mortgage | 50% |
| Top county hazard | Strong Wind (Relatively Moderate) |
| Active NFIP policies in Carroll County | 18 |
| Home insurance premium | $1,480 - 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)