Home Insurance in Thawville, Illinois
Homes in Thawville carry a median value of $80,800 - 41% lower than the Iroquois County median.
The median home in Thawville was built in 1939 or earlier. About 67% of homes were built before 1960, about 17 points above Iroquois County's 50%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
In Thawville, the housing stock is 97% single-family homes and 3% mobile or manufactured homes.
About 58% of owner-occupied homes in Thawville have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
The vacancy rate is 26%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 73% of occupied homes in Thawville are owner-occupied.
89% of homes in Thawville are primarily heated with natural gas.
FEMA rates Iroquois County's overall risk as Relatively Low, led by inland flooding (Relatively Moderate). Iroquois County had 255 active NFIP flood policies as of September 2026. See the full Iroquois County home insurance overview for all FEMA hazard ratings and flood coverage details. Flood damage is excluded from a standard homeowners policy.
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 | $80,800 |
|---|---|
| Median year built | 1939 or earlier |
| Owner-occupied share | 73% |
| Share of owner-occupied homes with a mortgage | 58% |
| Top county hazard | Inland Flooding (Relatively Moderate) |
| Active NFIP policies in Iroquois County | 255 |
| 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)