Home Insurance in Altus, Oklahoma
Homes in Altus carry a median value of $152,200 - close to the Jackson County median.
The typical home in Altus was built around 1972. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. About 31% of homes were built before 1960, about 2 points above Jackson County's 29%.
The housing stock in Altus is 86% single-family homes, 9% apartments in buildings with 5+ units and 1% mobile or manufactured homes.
About 54% of owner-occupied homes in Altus have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Altus has an owner-occupancy rate of 54% and a vacancy rate of 20%; unoccupied homes typically need a different coverage form.
73% of homes in Altus are primarily heated with natural gas.
Jackson County had 32 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is strong wind (Very High). See the full Jackson County home insurance overview for all FEMA hazard ratings and flood coverage details.
In Oklahoma, the statewide average premium for a standard HO-3 homeowners policy is $2,486 per year (NAIC, 2023 data).
Key figures
| Median home value | $152,200 |
|---|---|
| Median year built | 1972 |
| Owner-occupied share | 54% |
| Share of owner-occupied homes with a mortgage | 54% |
| Top county hazard | Strong Wind (Very High) |
| Active NFIP policies in Jackson County | 32 |
| Home insurance premium | $2,486 - 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)