Home Insurance in Clackamas County, Oregon
Homes in Clackamas County carry a median value of $611,000 - 28% higher than the Oregon median.
The typical home in Clackamas County was built around 1985. About 16% of homes were built before 1960, about 7 points below Oregon's 23%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in Clackamas County is 72% single-family homes, 17% apartments in buildings with 5+ units and 6% mobile or manufactured homes.
68% of owner-occupied homes in Clackamas County carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
About 71% of occupied homes in Clackamas County are owner-occupied. The vacancy rate is 6%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
In Clackamas County, 46% of homes are primarily heated with electricity.
The top hazards for Clackamas County, per FEMA's National Risk Index, are earthquake (Relatively High), inland flooding (Relatively High) and strong wind (Relatively High). Standard homeowners policies exclude earthquake, so separate coverage is usually needed.
Standard homeowners insurance does not cover flood damage, so flood coverage needs a separate NFIP or private flood policy. As of September 2026, Clackamas County has 1,448 active NFIP flood policies on file.
According to the NAIC homeowners insurance report (2023 data), a standard HO-3 homeowners policy in Oregon carries a statewide average premium of $1,003 per year.
Key figures
| Median home value | $611,000 |
|---|---|
| Median year built | 1985 |
| Owner-occupied share | 71% |
| Share of owner-occupied homes with a mortgage | 68% |
| Top hazards (FEMA National Risk Index) | Earthquake (Relatively High), Inland Flooding (Relatively High), Strong Wind (Relatively High) |
| Active NFIP flood policies (county) | 1,448 |
| Home insurance premium | $1,003 - statewide average (NAIC, 2023 data) |
Towns and cities
- Barlow
- Canby
- Estacada
- Gladstone
- Happy Valley
- Johnson City
- Lake Oswego
- Molalla
- Oregon City
- Rivergrove
- Sandy
- Wilsonville
Smaller communities
-
Milwaukie
- Median home value: $505,100
- Median year built: 1968
- Owner-occupied share: 61%
-
West Linn
- Median home value: $770,200
- Median year built: 1988
- Owner-occupied share: 83%
Sources
- 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)