Home Insurance in Midland, South Dakota
Homes in Midland carry a median value of $57,800 - 65% lower than the Haakon County median.
The typical home in Midland was built around 1974. About 32% of homes were built before 1960, about 5 points below Haakon County's 37%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
In Midland, the housing stock is 76% single-family homes and 24% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
About 36% of owner-occupied homes in Midland have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Midland has an owner-occupancy rate of 93% and a vacancy rate of 38%; unoccupied homes typically need a different coverage form.
49% of homes in Midland are primarily heated with electricity. Homes heated with propane and fuel oil can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
Haakon County's top FEMA-rated hazard is wildfire (Relatively Low), per FEMA's National Risk Index. Haakon County had 4 active NFIP flood policies as of September 2026. See the full Haakon 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 Dakota is $1,614 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $57,800 |
|---|---|
| Median year built | 1974 |
| Owner-occupied share | 93% |
| Share of owner-occupied homes with a mortgage | 36% |
| Top county hazard | Wildfire (Relatively Low) |
| Active NFIP policies in Haakon County | 4 |
| Home insurance premium | $1,614 - 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)