Home Insurance in Northome, Minnesota
Homes in Northome carry a median value of $87,700 - 44% lower than the Koochiching County median.
The typical home in Northome was built around 1955. About 57% of homes were built before 1960, about 25 points above Koochiching County's 32%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
In Northome, the housing stock is 79% single-family homes, 7% apartments in buildings with 5+ units and 11% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
About 53% of owner-occupied homes in Northome have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Northome has an owner-occupancy rate of 86% and a vacancy rate of 26%; unoccupied homes typically need a different coverage form.
Most homes in Northome - 56% - are primarily heated with propane. Homes heated with propane, fuel oil and wood can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
Koochiching County had 22 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is inland flooding (Relatively Low). See the full Koochiching County home insurance overview for all FEMA hazard ratings and flood coverage details. Flood damage is excluded from a standard homeowners policy.
In Minnesota, the statewide average premium for a standard HO-3 homeowners policy is $1,988 per year (NAIC, 2023 data).
Key figures
| Median home value | $87,700 |
|---|---|
| Median year built | 1955 |
| Owner-occupied share | 86% |
| Share of owner-occupied homes with a mortgage | 53% |
| Top county hazard | Inland Flooding (Relatively Low) |
| Active NFIP policies in Koochiching County | 22 |
| 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)