Home Insurance in Wixom, Michigan
Homes in Wixom carry a median value of $365,200 - 6% higher than the Oakland County median.
The typical home in Wixom was built around 1983. About 5% of homes were built before 1960, about 23 points below Oakland County's 28%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
In Wixom, the housing stock is 42% single-family homes and 53% apartments in buildings with 5+ units.
About 66% of owner-occupied homes in Wixom have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Wixom has an owner-occupancy rate of 42% and a vacancy rate of 1%; unoccupied homes typically need a different coverage form.
84% of homes in Wixom are primarily heated with natural gas.
Oakland County had 1,433 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is tornado (Very High). See the full Oakland 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 | $365,200 |
|---|---|
| Median year built | 1983 |
| Owner-occupied share | 42% |
| Share of owner-occupied homes with a mortgage | 66% |
| Top county hazard | Tornado (Very High) |
| Active NFIP policies in Oakland County | 1,433 |
| 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)