Home Insurance in Hill City, South Dakota
Homes in Hill City carry a median value of $286,200 - 5% lower than the Pennington County median.
Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. The typical home in Hill City was built around 1993. About 12% of homes were built before 1960, about 10 points below Pennington County's 22%.
Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy. The housing stock in Hill City is 76% single-family homes, 6% apartments in buildings with 5+ units and 16% mobile or manufactured homes.
About 56% of owner-occupied homes in Hill City have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Hill City has an owner-occupancy rate of 74% and a vacancy rate of 25%; unoccupied homes typically need a different coverage form.
In Hill City, 49% of homes are primarily heated with electricity. Homes heated with propane and wood can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
FEMA rates Pennington County's overall risk as Relatively Low, led by wildfire (Relatively Moderate). Pennington County had 322 active NFIP flood policies as of September 2026. See the full Pennington County home insurance overview for all FEMA hazard ratings and flood coverage details.
According to the NAIC homeowners insurance report (2023 data), a standard HO-3 homeowners policy in South Dakota carries a statewide average premium of $1,614 per year.
Key figures
| Median home value | $286,200 |
|---|---|
| Median year built | 1993 |
| Owner-occupied share | 74% |
| Share of owner-occupied homes with a mortgage | 56% |
| Top county hazard | Wildfire (Relatively Moderate) |
| Active NFIP policies in Pennington County | 322 |
| 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)