Home Insurance in Dayton, Minnesota
Homes in Dayton carry a median value of $511,300 - 30% higher than the Hennepin County median.
Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. The typical home in Dayton was built around 2011. About 6% of homes were built before 1960, about 29 points below Hennepin County's 36%.
The housing stock in Dayton is 86% single-family homes, 4% apartments in buildings with 5+ units and 9% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
72% of owner-occupied homes in Dayton carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Dayton has an owner-occupancy rate of 93% and a vacancy rate of 2%; unoccupied homes typically need a different coverage form.
89% of homes in Dayton are primarily heated with natural gas.
FEMA rates Hennepin County's overall risk as Relatively High, led by tornado (Very High). Hennepin County had 959 active NFIP flood policies as of September 2026. See the full Hennepin 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 Minnesota is $1,988 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $511,300 |
|---|---|
| Median year built | 2011 |
| Owner-occupied share | 93% |
| Share of owner-occupied homes with a mortgage | 72% |
| Top county hazard | Tornado (Very High) |
| Active NFIP policies in Hennepin County | 959 |
| Home insurance premium | $1,988 - 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)