Home Insurance in Carleton, Michigan
The median home value in Carleton is $207,400, 9% lower than the Monroe County median.
Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. The typical home in Carleton was built around 1978. About 28% of homes were built before 1960, about 6 points below Monroe County's 34%.
In Carleton, the housing stock is 69% single-family homes, 5% apartments in buildings with 5+ units and 23% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
In Carleton, about 46% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Carleton has an owner-occupancy rate of 79% and a vacancy rate of 2%; unoccupied homes typically need a different coverage form.
In Carleton, 93% of homes are primarily heated with natural gas.
FEMA rates Monroe County's overall risk as Relatively Moderate, led by strong wind (Relatively High). Monroe County had 884 active NFIP flood policies as of September 2026. See the full Monroe 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 | $207,400 |
|---|---|
| Median year built | 1978 |
| Owner-occupied share | 79% |
| Share of owner-occupied homes with a mortgage | 46% |
| Top county hazard | Strong Wind (Relatively High) |
| Active NFIP policies in Monroe County | 884 |
| 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)