Home Insurance in Hamtramck, Michigan
With a median home value of $131,000, Hamtramck is 27% lower than the Wayne County median.
The median home in Hamtramck was built in 1939 or earlier. About 86% of homes were built before 1960, about 27 points above Wayne County's 59%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
Housing in Hamtramck breaks down to 69% single-family homes, 6% apartments in buildings with 5+ units and 1% mobile or manufactured homes. The rest are 2-4 unit or other housing types.
In Hamtramck, about 28% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Hamtramck has an owner-occupancy rate of 58% and a vacancy rate of 15%; unoccupied homes typically need a different coverage form.
In Hamtramck, 87% of homes are primarily heated with natural gas.
FEMA rates Wayne County's overall risk as Relatively High, led by strong wind (Very High). Wayne County had 3,683 active NFIP flood policies as of September 2026. See the full Wayne 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 | $131,000 |
|---|---|
| Median year built | 1939 or earlier |
| Owner-occupied share | 58% |
| Share of owner-occupied homes with a mortgage | 28% |
| Top county hazard | Strong Wind (Very High) |
| Active NFIP policies in Wayne County | 3,683 |
| Home insurance premium | $1,110 - statewide average (NAIC, 2023 data) |
Nearby towns
- Highland Park
- Hazel Park
- Center Line
- Warren
- Grosse Pointe Park
- Pleasant Ridge
- Harper Woods
- Eastpointe
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)