Home Insurance in Heron Lake, Minnesota
Homes in Heron Lake carry a median value of $88,600 - 44% lower than the Jackson County median.
The typical home in Heron Lake was built around 1953. About 61% of homes were built before 1960, about 9 points above Jackson County's 52%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
Housing in Heron Lake breaks down to 91% single-family homes, 6% apartments in buildings with 5+ units and 3% mobile or manufactured homes.
About 48% of owner-occupied homes in Heron Lake have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Heron Lake has an owner-occupancy rate of 83% and a vacancy rate of 11%; unoccupied homes typically need a different coverage form.
Homes heated with fuel oil can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies. 77% of homes in Heron Lake are primarily heated with natural gas.
Jackson County's top FEMA-rated hazard is winter weather (Relatively Moderate), per FEMA's National Risk Index. Jackson County had 15 active NFIP flood policies as of September 2026. See the full Jackson 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 | $88,600 |
|---|---|
| Median year built | 1953 |
| Owner-occupied share | 83% |
| Share of owner-occupied homes with a mortgage | 48% |
| Top county hazard | Winter Weather (Relatively Moderate) |
| Active NFIP policies in Jackson County | 15 |
| 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)