Home Insurance in Grayson, Kentucky
Homes in Grayson carry a median value of $136,900 - close to the Carter County median.
The typical home in Grayson was built around 1982. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. About 6% of homes were built before 1960, about 9 points below Carter County's 15%.
In Grayson, the housing stock is 58% single-family homes, 20% apartments in buildings with 5+ units and 15% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
51% of owner-occupied homes in Grayson carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Grayson has an owner-occupancy rate of 39% and a vacancy rate of 14%; unoccupied homes typically need a different coverage form.
Most homes in Grayson - 84% - are primarily heated with electricity.
Carter County's top FEMA-rated hazard is inland flooding (Relatively Low), per FEMA's National Risk Index. Carter County had 164 active NFIP flood policies as of September 2026. See the full Carter County home insurance overview for all FEMA hazard ratings and flood coverage details. Flood damage is excluded from a standard homeowners policy.
The statewide average premium for a standard HO-3 homeowners policy in Kentucky is $1,525 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $136,900 |
|---|---|
| Median year built | 1982 |
| Owner-occupied share | 39% |
| Share of owner-occupied homes with a mortgage | 51% |
| Top county hazard | Inland Flooding (Relatively Low) |
| Active NFIP policies in Carter County | 164 |
| Home insurance premium | $1,525 - 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)