Home Insurance in Smithville, Mississippi
With a median home value of $112,000, Smithville is 7% lower than the Monroe County median.
The typical home in Smithville was built around 1972. About 11% of homes were built before 1960, about 8 points below Monroe County's 19%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
In Smithville, the housing stock is 79% single-family homes, 10% apartments in buildings with 5+ units and 3% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
About 44% of owner-occupied homes in Smithville have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Smithville has an owner-occupancy rate of 72% and a vacancy rate of 25%; unoccupied homes typically need a different coverage form.
69% of homes in Smithville are primarily heated with electricity.
Monroe County's top FEMA-rated hazard is earthquake (Relatively Low), per FEMA's National Risk Index. Monroe County had 232 active NFIP flood policies as of September 2026. See the full Monroe County home insurance overview for all FEMA hazard ratings and flood coverage details. Earthquake damage is excluded from a standard homeowners policy.
According to the NAIC homeowners insurance report (2023 data), a standard HO-3 homeowners policy in Mississippi carries a statewide average premium of $2,029 per year.
Key figures
| Median home value | $112,000 |
|---|---|
| Median year built | 1972 |
| Owner-occupied share | 72% |
| Share of owner-occupied homes with a mortgage | 44% |
| Top county hazard | Earthquake (Relatively Low) |
| Active NFIP policies in Monroe County | 232 |
| Home insurance premium | $2,029 - 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)