Home Insurance in Milford Center, Ohio
The median home value in Milford Center is $197,100, 43% lower than the Union 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 Milford Center was built around 1945. About 63% of homes were built before 1960, about 41 points above Union County's 21%.
Housing in Milford Center breaks down to 97% single-family homes and 1% mobile or manufactured homes.
In Milford Center, about 78% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
About 82% of occupied homes in Milford Center are owner-occupied. The vacancy rate is 9%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
Most homes in Milford Center - 91% - are primarily heated with natural gas.
FEMA rates Union County's overall risk as Very Low, led by hail (Relatively Low). Union County had 65 active NFIP flood policies as of September 2026. See the full Union County home insurance overview for all FEMA hazard ratings and flood coverage details.
In Ohio, the statewide average premium for a standard HO-3 homeowners policy is $1,116 per year (NAIC, 2023 data).
Key figures
| Median home value | $197,100 |
|---|---|
| Median year built | 1945 |
| Owner-occupied share | 82% |
| Share of owner-occupied homes with a mortgage | 78% |
| Top county hazard | Hail (Relatively Low) |
| Active NFIP policies in Union County | 65 |
| Home insurance premium | $1,116 - 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)