HomeInsuranceQts

Home Insurance in Marquette, Michigan

With a median home value of $274,700, Marquette is 27% higher than the Marquette County median.

The typical home in Marquette was built around 1969. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. About 43% of homes were built before 1960, about 6 points above Marquette County's 38%.

The housing stock in Marquette is 52% single-family homes, 28% apartments in buildings with 5+ units and 1% mobile or manufactured homes. The rest are 2-4 unit or other housing types.

In Marquette, about 53% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.

Marquette has an owner-occupancy rate of 46% and a vacancy rate of 7%; unoccupied homes typically need a different coverage form.

In Marquette, 69% of homes are primarily heated with natural gas.

FEMA rates Marquette County's overall risk as Relatively Low, led by hail (Relatively High). Marquette County had 37 active NFIP flood policies as of September 2026. See the full Marquette 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$274,700
Median year built1969
Owner-occupied share46%
Share of owner-occupied homes with a mortgage53%
Top county hazardHail (Relatively High)
Active NFIP policies in Marquette County37
Home insurance premium$1,110 - statewide average (NAIC, 2023 data)
Key home insurance figures for Marquette, MI

Nearby towns

Sources

Data last updated: 2026-09-29