Home Insurance in Manistique, Michigan
Homes in Manistique carry a median value of $93,300 - 34% lower than the Schoolcraft 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 Manistique was built around 1951. About 63% of homes were built before 1960, about 29 points above Schoolcraft County's 34%.
The housing stock in Manistique is 81% single-family homes, 11% apartments in buildings with 5+ units and 1% mobile or manufactured homes.
About 45% of owner-occupied homes in Manistique have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Manistique has an owner-occupancy rate of 78% and a vacancy rate of 8%; unoccupied homes typically need a different coverage form.
Most homes in Manistique - 81% - are primarily heated with natural gas.
Schoolcraft County's top FEMA-rated hazard is wildfire (Very Low), per FEMA's National Risk Index. Schoolcraft County had 5 active NFIP flood policies as of September 2026. See the full Schoolcraft 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 | $93,300 |
|---|---|
| Median year built | 1951 |
| Owner-occupied share | 78% |
| Share of owner-occupied homes with a mortgage | 45% |
| Top county hazard | Wildfire (Very Low) |
| Active NFIP policies in Schoolcraft County | 5 |
| 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)