Home Insurance in Salisbury, North Carolina
With a median home value of $242,500, Salisbury is close to the Rowan County median.
Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. The typical home in Salisbury was built around 1976. About 31% of homes were built before 1960, about 7 points above Rowan County's 24%.
In Salisbury, the housing stock is 65% single-family homes, 22% apartments in buildings with 5+ units and 3% mobile or manufactured homes. The rest are 2-4 unit or other housing types.
65% of owner-occupied homes in Salisbury carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Salisbury has an owner-occupancy rate of 52% and a vacancy rate of 10%; unoccupied homes typically need a different coverage form.
58% of homes in Salisbury are primarily heated with electricity.
Rowan County's top FEMA-rated hazard is tornado (Relatively Moderate), per FEMA's National Risk Index. Rowan County had 295 active NFIP flood policies as of September 2026. See the full Rowan County home insurance overview for all FEMA hazard ratings and flood coverage details.
In North Carolina, the statewide average premium for a standard HO-3 homeowners policy is $1,852 per year (NAIC, 2023 data).
Key figures
| Median home value | $242,500 |
|---|---|
| Median year built | 1976 |
| Owner-occupied share | 52% |
| Share of owner-occupied homes with a mortgage | 65% |
| Top county hazard | Tornado (Relatively Moderate) |
| Active NFIP policies in Rowan County | 295 |
| Home insurance premium | $1,852 - 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)