Home Insurance in Hennepin, Illinois
The median home value in Hennepin is $168,300, close to the Putnam County median.
The typical home in Hennepin was built around 1971. About 41% of homes were built before 1960, about 5 points above Putnam County's 35%. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild.
In Hennepin, the housing stock is 87% single-family homes, 8% apartments in buildings with 5+ units and 1% mobile or manufactured homes.
58% of owner-occupied homes in Hennepin carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
About 74% of occupied homes in Hennepin are owner-occupied. The vacancy rate is 5%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
In Hennepin, 85% of homes are primarily heated with natural gas.
What's the biggest home insurance risk near Hennepin? FEMA's National Risk Index points to strong wind (Relatively Low) in Putnam County and Putnam County had 11 active NFIP flood policies as of September 2026. See the full Putnam 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 | $168,300 |
|---|---|
| Median year built | 1971 |
| Owner-occupied share | 74% |
| Share of owner-occupied homes with a mortgage | 58% |
| Top county hazard | Strong Wind (Relatively Low) |
| Active NFIP policies in Putnam County | 11 |
| 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)