Home Insurance in Wakefield, Nebraska
With a median home value of $116,500, Wakefield is 25% lower than the Dixon County median.
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in Wakefield was built around 1957. About 53% of homes were built before 1960, about 4 points below Dixon County's 58%.
In Wakefield, the housing stock is 92% single-family homes and 2% apartments in buildings with 5+ units.
39% of owner-occupied homes in Wakefield carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
About 59% of occupied homes in Wakefield are owner-occupied. The vacancy rate is 3%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
In Wakefield, 68% of homes are primarily heated with natural gas.
Dixon County's top FEMA-rated hazard is hail (Relatively Moderate), per FEMA's National Risk Index. Dixon County had 26 active NFIP flood policies as of September 2026. See the full Dixon County home insurance overview for all FEMA hazard ratings and flood coverage details.
The statewide average premium for a standard HO-3 homeowners policy in Nebraska is $2,142 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $116,500 |
|---|---|
| Median year built | 1957 |
| Owner-occupied share | 59% |
| Share of owner-occupied homes with a mortgage | 39% |
| Top county hazard | Hail (Relatively Moderate) |
| Active NFIP policies in Dixon County | 26 |
| Home insurance premium | $2,142 - 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)