Home Insurance in Waterloo, Oregon
Homes in Waterloo carry a median value of $293,800 - 22% lower than the Linn County median.
The typical home in Waterloo was built around 1971. About 39% of homes were built before 1960, about 15 points above Linn County's 25%. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild.
Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in Waterloo is 76% single-family homes and 24% mobile or manufactured homes.
In Waterloo, about 41% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
About 96% of occupied homes in Waterloo are owner-occupied.
In Waterloo, 65% of homes are primarily heated with electricity.
What's the biggest home insurance risk near Waterloo? FEMA's National Risk Index points to earthquake (Relatively Moderate) in Linn County and Linn County had 580 active NFIP flood policies as of September 2026. See the full Linn County home insurance overview for all FEMA hazard ratings and flood coverage details. Earthquake damage is excluded from a standard homeowners policy.
In Oregon, the statewide average premium for a standard HO-3 homeowners policy is $1,003 per year (NAIC, 2023 data).
Key figures
| Median home value | $293,800 |
|---|---|
| Median year built | 1971 |
| Owner-occupied share | 96% |
| Share of owner-occupied homes with a mortgage | 41% |
| Top county hazard | Earthquake (Relatively Moderate) |
| Active NFIP policies in Linn County | 580 |
| Home insurance premium | $1,003 - 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)