Home Insurance in Gilead, Nebraska
With a median home value of $27,500, Gilead is 78% lower than the Thayer County median.
The typical home in Gilead was built around 1973. About 43% of homes were built before 1960, about 13 points below Thayer County's 56%. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild.
In Gilead, the housing stock is 100% single-family homes.
7% of owner-occupied homes in Gilead carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
All occupied homes in Gilead are owner-occupied.
Most homes in Gilead - 57% - are primarily heated with propane. Homes heated with propane can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
Thayer County had 18 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is hail (Relatively High). See the full Thayer 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 | $27,500 |
|---|---|
| Median year built | 1973 |
| Owner-occupied share | 100% |
| Share of owner-occupied homes with a mortgage | 7% |
| Top county hazard | Hail (Relatively High) |
| Active NFIP policies in Thayer County | 18 |
| 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)