Home Insurance in Millheim, Pennsylvania
Homes in Millheim carry a median value of $246,700 - 24% lower than the Centre County median.
Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. The typical home in Millheim was built around 1954. About 58% of homes were built before 1960, about 31 points above Centre County's 26%.
In Millheim, the housing stock is 83% single-family homes and 6% apartments in buildings with 5+ units. The rest are 2-4 unit or other housing types.
About 60% of owner-occupied homes in Millheim have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Millheim has an owner-occupancy rate of 87% and a vacancy rate of 9%; unoccupied homes typically need a different coverage form.
Homes heated with propane, fuel oil and wood can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies. In Millheim, 44% of homes are primarily heated with fuel oil.
What's the biggest home insurance risk near Millheim? FEMA's National Risk Index points to winter weather (Relatively High) in Centre County and Centre County had 312 active NFIP flood policies as of September 2026. See the full Centre County home insurance overview for all FEMA hazard ratings and flood coverage details.
In Pennsylvania, the statewide average premium for a standard HO-3 homeowners policy is $1,217 per year (NAIC, 2023 data).
Key figures
| Median home value | $246,700 |
|---|---|
| Median year built | 1954 |
| Owner-occupied share | 87% |
| Share of owner-occupied homes with a mortgage | 60% |
| Top county hazard | Winter Weather (Relatively High) |
| Active NFIP policies in Centre County | 312 |
| Home insurance premium | $1,217 - 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)