Home Insurance in Wampsville, New York
With a median home value of $172,400, Wampsville is 7% lower than the Madison County median.
The typical home in Wampsville was built around 1959. About 53% of homes were built before 1960, about 6 points above Madison County's 46%. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild.
Housing in Wampsville breaks down to 90% single-family homes and 1% mobile or manufactured homes.
About 61% of owner-occupied homes in Wampsville have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Wampsville has an owner-occupancy rate of 88% and a vacancy rate of 1%; unoccupied homes typically need a different coverage form.
Most homes in Wampsville - 80% - are primarily heated with natural gas.
What's the biggest home insurance risk near Wampsville? FEMA's National Risk Index points to inland flooding (Relatively Moderate) in Madison County and Madison County had 330 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. Flood damage is excluded from a standard homeowners policy.
According to the NAIC homeowners insurance report (2023 data), a standard HO-3 homeowners policy in New York carries a statewide average premium of $1,801 per year.
Key figures
| Median home value | $172,400 |
|---|---|
| Median year built | 1959 |
| Owner-occupied share | 88% |
| Share of owner-occupied homes with a mortgage | 61% |
| Top county hazard | Inland Flooding (Relatively Moderate) |
| Active NFIP policies in Madison County | 330 |
| Home insurance premium | $1,801 - 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)