Home Insurance in Russell Springs, Kentucky
The median home value in Russell Springs is $170,300, close to the Russell County median.
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in Russell Springs was built around 1987. About 14% of homes were built before 1960, about 4 points above Russell County's 10%.
The housing stock in Russell Springs is 68% single-family homes, 14% 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.
40% of owner-occupied homes in Russell Springs carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Russell Springs has an owner-occupancy rate of 49% and a vacancy rate of 10%; unoccupied homes typically need a different coverage form.
In Russell Springs, 96% of homes are primarily heated with electricity.
What's the biggest home insurance risk near Russell Springs? FEMA's National Risk Index points to winter weather (Relatively Moderate) in Russell County and Russell County had 9 active NFIP flood policies as of September 2026. See the full Russell County home insurance overview for all FEMA hazard ratings and flood coverage details.
In Kentucky, the statewide average premium for a standard HO-3 homeowners policy is $1,525 per year (NAIC, 2023 data).
Key figures
| Median home value | $170,300 |
|---|---|
| Median year built | 1987 |
| Owner-occupied share | 49% |
| Share of owner-occupied homes with a mortgage | 40% |
| Top county hazard | Winter Weather (Relatively Moderate) |
| Active NFIP policies in Russell County | 9 |
| 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)