Home Insurance in St. Paul, Indiana
With a median home value of $112,200, St. Paul is 44% lower than the Decatur County median.
The typical home in St. Paul was built around 1969. About 43% of homes were built before 1960, about 7 points above Decatur County's 36%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
In St. Paul, the housing stock is 78% single-family homes and 20% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
About 64% of owner-occupied homes in St. Paul have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
About 74% of occupied homes in St. Paul are owner-occupied. The vacancy rate is 6%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
In St. Paul, 52% of homes are primarily heated with natural gas.
Decatur County's top FEMA-rated hazard is tornado (Relatively Low), per FEMA's National Risk Index. Decatur County had 25 active NFIP flood policies as of September 2026. See the full Decatur County home insurance overview for all FEMA hazard ratings and flood coverage details.
In Indiana, the statewide average premium for a standard HO-3 homeowners policy is $1,259 per year (NAIC, 2023 data).
Key figures
| Median home value | $112,200 |
|---|---|
| Median year built | 1969 |
| Owner-occupied share | 74% |
| Share of owner-occupied homes with a mortgage | 64% |
| Top county hazard | Tornado (Relatively Low) |
| Active NFIP policies in Decatur County | 25 |
| Home insurance premium | $1,259 - 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)