Home Insurance in Senatobia, Mississippi

With a median home value of $212,100, Senatobia is close to the Tate County median.

The typical home in Senatobia was built around 1985. About 14% of homes were built before 1960, about 4 points above Tate County's 10%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.

The housing stock in Senatobia is 77% single-family homes, 9% apartments in buildings with 5+ units and 1% mobile or manufactured homes. The rest are 2-4 unit or other housing types.

In Senatobia, about 58% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.

The vacancy rate is 3%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 54% of occupied homes in Senatobia are owner-occupied.

Homes heated with propane can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies. Most homes in Senatobia - 54% - are primarily heated with electricity.

Tate County had 54 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is earthquake (Relatively Low). See the full Tate 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$212,100
Median year built1985
Owner-occupied share54%
Share of owner-occupied homes with a mortgage58%
Top county hazardEarthquake (Relatively Low)
Active NFIP policies in Tate County54
Home insurance premium$2,029 - statewide average (NAIC, 2023 data)
Key home insurance figures for Senatobia, MS

Nearby towns

Sources

Data last updated: 2026-09-29