Home Insurance in Millville, Minnesota
With a median home value of $159,400, Millville is 40% lower than the Wabasha County median.
The typical home in Millville was built around 1951. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. About 64% of homes were built before 1960, about 32 points above Wabasha County's 32%.
The housing stock in Millville is 78% single-family homes, 15% apartments in buildings with 5+ units and 1% mobile or manufactured homes.
In Millville, about 67% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Millville has an owner-occupancy rate of 71% and a vacancy rate of 12%; unoccupied homes typically need a different coverage form.
In Millville, 92% of homes are primarily heated with propane. Homes heated with propane can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
Wabasha County's top FEMA-rated hazard is hail (Relatively Moderate), per FEMA's National Risk Index. Wabasha County had 73 active NFIP flood policies as of September 2026. See the full Wabasha 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 | $159,400 |
|---|---|
| Median year built | 1951 |
| Owner-occupied share | 71% |
| Share of owner-occupied homes with a mortgage | 67% |
| Top county hazard | Hail (Relatively Moderate) |
| Active NFIP policies in Wabasha County | 73 |
| 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)