Home Insurance in Essexville, Michigan
The median home value in Essexville is $128,500, 16% lower than the Bay County median.
Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. The typical home in Essexville was built around 1952. About 74% of homes were built before 1960, about 27 points above Bay County's 47%.
The housing stock in Essexville is 99% single-family homes.
About 53% of owner-occupied homes in Essexville have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Essexville has an owner-occupancy rate of 95% and a vacancy rate of 3%; unoccupied homes typically need a different coverage form.
95% of homes in Essexville are primarily heated with natural gas.
Bay County had 436 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is winter weather (Relatively High). See the full Bay County home insurance overview for all FEMA hazard ratings and flood coverage details.
In Michigan, the statewide average premium for a standard HO-3 homeowners policy is $1,110 per year (NAIC, 2023 data).
Key figures
| Median home value | $128,500 |
|---|---|
| Median year built | 1952 |
| Owner-occupied share | 95% |
| Share of owner-occupied homes with a mortgage | 53% |
| Top county hazard | Winter Weather (Relatively High) |
| Active NFIP policies in Bay County | 436 |
| Home insurance premium | $1,110 - 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)