Home Insurance in Wataga, Illinois
Homes in Wataga carry a median value of $97,600 - 13% lower than the Knox County median.
Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. The typical home in Wataga was built around 1971. About 40% of homes were built before 1960, about 13 points below Knox County's 54%.
The housing stock in Wataga is 81% single-family homes and 2% apartments in buildings with 5+ units. The rest are 2-4 unit or other housing types.
In Wataga, about 57% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Wataga has an owner-occupancy rate of 74% and a vacancy rate of 8%; unoccupied homes typically need a different coverage form.
77% of homes in Wataga are primarily heated with natural gas.
FEMA rates Knox County's overall risk as Relatively Low, led by strong wind (Relatively High). Knox County had 35 active NFIP flood policies as of September 2026. See the full Knox 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 | $97,600 |
|---|---|
| Median year built | 1971 |
| Owner-occupied share | 74% |
| Share of owner-occupied homes with a mortgage | 57% |
| Top county hazard | Strong Wind (Relatively High) |
| Active NFIP policies in Knox County | 35 |
| 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)