Home Insurance in Calumet, Iowa
The median home value in Calumet is $83,300, 52% lower than the O'Brien County median.
The typical home in Calumet was built around 1944. About 63% of homes were built before 1960, about 11 points above O'Brien County's 52%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
Housing in Calumet breaks down to 100% single-family homes.
About 38% of owner-occupied homes in Calumet have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
About 96% of occupied homes in Calumet are owner-occupied. The vacancy rate is 12%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
Homes heated with propane can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies. In Calumet, 72% of homes are primarily heated with natural gas.
What's the biggest home insurance risk near Calumet? FEMA's National Risk Index points to hail (Relatively Moderate) in O'Brien County and O'Brien County had 1 active NFIP flood policy as of September 2026. See the full O'Brien 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 Iowa carries a statewide average premium of $1,342 per year.
Key figures
| Median home value | $83,300 |
|---|---|
| Median year built | 1944 |
| Owner-occupied share | 96% |
| Share of owner-occupied homes with a mortgage | 38% |
| Top county hazard | Hail (Relatively Moderate) |
| Active NFIP policies in O'Brien County | 1 |
| 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)