Home Insurance in Myrtle, Mississippi
Homes in Myrtle carry a median value of $158,600 - close to the Union County median.
The typical home in Myrtle was built around 1977. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. About 13% of homes were built before 1960, about 4 points below Union County's 17%.
In Myrtle, the housing stock is 67% single-family homes, 22% apartments in buildings with 5+ units and 10% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
About 70% of owner-occupied homes in Myrtle have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Myrtle has an owner-occupancy rate of 48% and a vacancy rate of 16%; unoccupied homes typically need a different coverage form.
In Myrtle, 48% of homes are primarily heated with electricity.
Union County had 28 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is earthquake (Relatively Low). See the full Union 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 | $158,600 |
|---|---|
| Median year built | 1977 |
| Owner-occupied share | 48% |
| Share of owner-occupied homes with a mortgage | 70% |
| Top county hazard | Earthquake (Relatively Low) |
| Active NFIP policies in Union County | 28 |
| 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)