Home Insurance in Akron, Indiana
Homes in Akron carry a median value of $136,300 - 13% lower than the Fulton County median.
The typical home in Akron was built around 1945. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. About 63% of homes were built before 1960, about 19 points above Fulton County's 45%.
The housing stock in Akron is 75% single-family homes, 4% apartments in buildings with 5+ units and 5% mobile or manufactured homes. The rest are 2-4 unit or other housing types. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
57% of owner-occupied homes in Akron carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Akron has an owner-occupancy rate of 79% and a vacancy rate of 23%; unoccupied homes typically need a different coverage form.
Most homes in Akron - 62% - are primarily heated with natural gas.
Fulton County's top FEMA-rated hazard is strong wind (Relatively Moderate), per FEMA's National Risk Index. Fulton County had 37 active NFIP flood policies as of September 2026. See the full Fulton 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 Indiana carries a statewide average premium of $1,259 per year.
Key figures
| Median home value | $136,300 |
|---|---|
| Median year built | 1945 |
| Owner-occupied share | 79% |
| Share of owner-occupied homes with a mortgage | 57% |
| Top county hazard | Strong Wind (Relatively Moderate) |
| Active NFIP policies in Fulton County | 37 |
| 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)