Home Insurance in El Paso, Illinois
With a median home value of $159,400, El Paso is 19% lower than the Woodford County median.
The typical home in El Paso was built around 1957. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. About 52% of homes were built before 1960, about 16 points above Woodford County's 36%.
Housing in El Paso breaks down to 86% single-family homes, 4% apartments in buildings with 5+ units and 2% mobile or manufactured homes.
About 68% of owner-occupied homes in El Paso have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
El Paso has an owner-occupancy rate of 76% and a vacancy rate of 5%; unoccupied homes typically need a different coverage form.
Most homes in El Paso - 85% - are primarily heated with natural gas.
FEMA rates Woodford County's overall risk as Very Low, led by earthquake (Very Low). Woodford County had 104 active NFIP flood policies as of September 2026. See the full Woodford County home insurance overview for all FEMA hazard ratings and flood coverage details. Earthquake damage is excluded from a standard homeowners policy.
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 | $159,400 |
|---|---|
| Median year built | 1957 |
| Owner-occupied share | 76% |
| Share of owner-occupied homes with a mortgage | 68% |
| Top county hazard | Earthquake (Very Low) |
| Active NFIP policies in Woodford County | 104 |
| 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)