Home Insurance in Annawan, Illinois
Homes in Annawan carry a median value of $135,100 - 11% lower than the Henry County median.
The typical home in Annawan was built around 1967. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. About 45% of homes were built before 1960, about 5 points below Henry County's 49%.
Housing in Annawan breaks down to 86% single-family homes, 5% apartments in buildings with 5+ units and 1% mobile or manufactured homes.
In Annawan, about 50% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Annawan has an owner-occupancy rate of 78% and a vacancy rate of 8%; unoccupied homes typically need a different coverage form.
In Annawan, 73% of homes are primarily heated with natural gas.
Henry County's top FEMA-rated hazard is strong wind (Relatively High), per FEMA's National Risk Index. Henry County had 133 active NFIP flood policies as of September 2026. See the full Henry County home insurance overview for all FEMA hazard ratings and flood coverage details.
In Illinois, the statewide average premium for a standard HO-3 homeowners policy is $1,480 per year (NAIC, 2023 data).
Key figures
| Median home value | $135,100 |
|---|---|
| Median year built | 1967 |
| Owner-occupied share | 78% |
| Share of owner-occupied homes with a mortgage | 50% |
| Top county hazard | Strong Wind (Relatively High) |
| Active NFIP policies in Henry County | 133 |
| 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)