Home Insurance in Orchard, Iowa
With a median home value of $66,700, Orchard is 62% lower than the Mitchell County median.
The median home in Orchard was built in 1939 or earlier. About 80% of homes were built before 1960, about 28 points above Mitchell County's 52%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
The housing stock in Orchard is 98% single-family homes and 2% mobile or manufactured homes.
50% of owner-occupied homes in Orchard carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Orchard has an owner-occupancy rate of 83% and a vacancy rate of 28%; unoccupied homes typically need a different coverage form.
Most homes in Orchard - 89% - are primarily heated with propane. Homes heated with propane and wood can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
FEMA rates Mitchell County's overall risk as Very Low, led by strong wind (Relatively High). Mitchell County had 12 active NFIP flood policies as of September 2026. See the full Mitchell County home insurance overview for all FEMA hazard ratings and flood coverage details.
In Iowa, the statewide average premium for a standard HO-3 homeowners policy is $1,342 per year (NAIC, 2023 data).
Key figures
| Median home value | $66,700 |
|---|---|
| Median year built | 1939 or earlier |
| Owner-occupied share | 83% |
| Share of owner-occupied homes with a mortgage | 50% |
| Top county hazard | Strong Wind (Relatively High) |
| Active NFIP policies in Mitchell County | 12 |
| Home insurance premium | $1,342 - 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)