Home Insurance in Haakon County, South Dakota
The median home value in Haakon County is $164,200, 36% lower than the South Dakota median.
The typical home in Haakon County was built around 1974. About 37% of homes were built before 1960, about 9 points above South Dakota's 28%. 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 Haakon County is 76% single-family homes, 3% apartments in buildings with 5+ units and 19% mobile or manufactured homes.
In Haakon County, about 33% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Haakon County has an owner-occupancy rate of 79% and a vacancy rate of 23%; unoccupied homes typically need a different coverage form.
In Haakon County, 57% of homes are primarily heated with propane. Homes heated with propane can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
Per FEMA's National Risk Index, Haakon County's top hazards are wildfire (Relatively Low), winter weather (Relatively Low) and strong wind (Relatively Low).
As of September 2026, Haakon County has 4 active NFIP flood insurance policies. Standard homeowners insurance does not cover flood damage, so flood coverage needs a separate NFIP or private flood policy.
The statewide average premium for a standard HO-3 homeowners policy in South Dakota is $1,614 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $164,200 |
|---|---|
| Median year built | 1974 |
| Owner-occupied share | 79% |
| Share of owner-occupied homes with a mortgage | 33% |
| Top hazards (FEMA National Risk Index) | Wildfire (Relatively Low), Winter Weather (Relatively Low), Strong Wind (Relatively Low) |
| Active NFIP flood policies (county) | 4 |
| Home insurance premium | $1,614 - statewide average (NAIC, 2023 data) |
Towns and cities
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)