Home Insurance in Meadow Grove, Nebraska
With a median home value of $67,500, Meadow Grove is 68% lower than the Madison County median.
Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. The median home in Meadow Grove was built in 1939 or earlier. About 79% of homes were built before 1960, about 47 points above Madison County's 32%.
The housing stock in Meadow Grove is 98% single-family homes and 2% mobile or manufactured homes.
About 32% of owner-occupied homes in Meadow Grove have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Meadow Grove has an owner-occupancy rate of 93% and a vacancy rate of 23%; unoccupied homes typically need a different coverage form.
Most homes in Meadow Grove - 67% - are primarily heated with natural gas.
What's the biggest home insurance risk near Meadow Grove? FEMA's National Risk Index points to hail (Relatively Moderate) in Madison County and Madison County had 94 active NFIP flood policies as of September 2026. See the full Madison County home insurance overview for all FEMA hazard ratings and flood coverage details.
In Nebraska, the statewide average premium for a standard HO-3 homeowners policy is $2,142 per year (NAIC, 2023 data).
Key figures
| Median home value | $67,500 |
|---|---|
| Median year built | 1939 or earlier |
| Owner-occupied share | 93% |
| Share of owner-occupied homes with a mortgage | 32% |
| Top county hazard | Hail (Relatively Moderate) |
| Active NFIP policies in Madison County | 94 |
| 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)