Home Insurance in Oak Ridge, Tennessee
Homes in Oak Ridge carry a median value of $270,200 - 13% higher than the Anderson County median.
The typical home in Oak Ridge was built around 1965. About 44% of homes were built before 1960, about 12 points above Anderson County's 31%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
Housing in Oak Ridge breaks down to 75% single-family homes and 18% apartments in buildings with 5+ units.
In Oak Ridge, about 59% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
About 66% of occupied homes in Oak Ridge are owner-occupied. The vacancy rate is 8%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
52% of homes in Oak Ridge are primarily heated with natural gas.
FEMA rates Anderson County's overall risk as Relatively Low, led by earthquake (Relatively Low). Anderson County had 130 active NFIP flood policies as of September 2026. See the full Anderson County home insurance overview for all FEMA hazard ratings and flood coverage details. Earthquake damage is excluded from a standard homeowners policy.
In Tennessee, the statewide average premium for a standard HO-3 homeowners policy is $1,649 per year (NAIC, 2023 data).
Key figures
| Median home value | $270,200 |
|---|---|
| Median year built | 1965 |
| Owner-occupied share | 66% |
| Share of owner-occupied homes with a mortgage | 59% |
| Top county hazard | Earthquake (Relatively Low) |
| Active NFIP policies in Anderson County | 130 |
| Home insurance premium | $1,649 - 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)