Home Insurance in Scranton, South Carolina
With a median home value of $102,300, Scranton is 42% lower than the Florence County median.
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in Scranton was built around 1976. About 31% of homes were built before 1960, about 16 points above Florence County's 15%.
Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in Scranton is 67% single-family homes and 21% mobile or manufactured homes. The rest are 2-4 unit or other housing types.
28% of owner-occupied homes in Scranton carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Scranton has an owner-occupancy rate of 35% and a vacancy rate of 21%; unoccupied homes typically need a different coverage form.
In Scranton, 95% of homes are primarily heated with electricity.
Florence County's top FEMA-rated hazard is hurricane (Relatively High), per FEMA's National Risk Index. Florence County had 450 active NFIP flood policies as of September 2026. See the full Florence County home insurance overview for all FEMA hazard ratings and flood coverage details.
The statewide average premium for a standard HO-3 homeowners policy in South Carolina is $1,753 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $102,300 |
|---|---|
| Median year built | 1976 |
| Owner-occupied share | 35% |
| Share of owner-occupied homes with a mortgage | 28% |
| Top county hazard | Hurricane (Relatively High) |
| Active NFIP policies in Florence County | 450 |
| Home insurance premium | $1,753 - 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)