Home Insurance in Richland, Michigan
With a median home value of $289,300, Richland is 20% higher than the Kalamazoo County median.
The typical home in Richland was built around 1994. About 19% of homes were built before 1960, about 13 points below Kalamazoo County's 32%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
Housing in Richland breaks down to 87% single-family homes and 3% apartments in buildings with 5+ units. The rest are 2-4 unit or other housing types.
In Richland, about 65% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
The vacancy rate is 2%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 77% of occupied homes in Richland are owner-occupied.
Most homes in Richland - 88% - are primarily heated with natural gas.
Kalamazoo County's top FEMA-rated hazard is hail (Relatively High), per FEMA's National Risk Index. Kalamazoo County had 212 active NFIP flood policies as of September 2026. See the full Kalamazoo County home insurance overview for all FEMA hazard ratings and flood coverage details.
The statewide average premium for a standard HO-3 homeowners policy in Michigan is $1,110 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $289,300 |
|---|---|
| Median year built | 1994 |
| Owner-occupied share | 77% |
| Share of owner-occupied homes with a mortgage | 65% |
| Top county hazard | Hail (Relatively High) |
| Active NFIP policies in Kalamazoo County | 212 |
| 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)