Home Insurance in Oak Ridge, Missouri
The median home value in Oak Ridge is $131,300, 41% lower than the Cape Girardeau County median.
The typical home in Oak Ridge was built around 1972. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. About 38% of homes were built before 1960, about 18 points above Cape Girardeau County's 21%.
The housing stock in Oak Ridge is 75% single-family homes and 25% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
About 62% of owner-occupied homes in Oak Ridge have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Oak Ridge has an owner-occupancy rate of 96% and a vacancy rate of 10%; unoccupied homes typically need a different coverage form.
Most homes in Oak Ridge - 53% - are primarily heated with natural gas. Homes heated with wood can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
Cape Girardeau County's top FEMA-rated hazard is earthquake (Relatively Moderate), per FEMA's National Risk Index. Cape Girardeau County had 101 active NFIP flood policies as of September 2026. See the full Cape Girardeau 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 Missouri carries a statewide average premium of $1,589 per year.
Key figures
| Median home value | $131,300 |
|---|---|
| Median year built | 1972 |
| Owner-occupied share | 96% |
| Share of owner-occupied homes with a mortgage | 62% |
| Top county hazard | Earthquake (Relatively Moderate) |
| Active NFIP policies in Cape Girardeau County | 101 |
| Home insurance premium | $1,589 - 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)