Home Insurance in Chunky, Mississippi
Homes in Chunky carry a median value of $88,300 - 17% lower than the Newton County median.
The typical home in Chunky was built around 1975. About 24% of homes were built before 1960, about 7 points above Newton County's 17%. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild.
The housing stock in Chunky is 65% single-family homes, 1% apartments in buildings with 5+ units and 34% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
In Chunky, about 45% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Chunky has an owner-occupancy rate of 81% and a vacancy rate of 15%; unoccupied homes typically need a different coverage form.
In Chunky, 91% of homes are primarily heated with electricity.
What's the biggest home insurance risk near Chunky? FEMA's National Risk Index points to tornado (Relatively Moderate) in Newton County and Newton County had 18 active NFIP flood policies as of September 2026. See the full Newton County home insurance overview for all FEMA hazard ratings and flood coverage details.
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 | $88,300 |
|---|---|
| Median year built | 1975 |
| Owner-occupied share | 81% |
| Share of owner-occupied homes with a mortgage | 45% |
| Top county hazard | Tornado (Relatively Moderate) |
| Active NFIP policies in Newton County | 18 |
| 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)