Home Insurance in Ripley, Tennessee

Homes in Ripley carry a median value of $154,900 - 8% higher than the Lauderdale County median.

Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in Ripley was built around 1975. About 29% of homes were built before 1960, about 8 points above Lauderdale County's 21%.

Housing in Ripley breaks down to 73% single-family homes, 12% apartments in buildings with 5+ units and 2% mobile or manufactured homes. The rest are 2-4 unit or other housing types.

In Ripley, about 49% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.

About 45% of occupied homes in Ripley are owner-occupied. The vacancy rate is 17%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.

In Ripley, 49% of homes are primarily heated with electricity.

FEMA rates Lauderdale County's overall risk as Relatively Low, led by earthquake (Relatively Moderate). Lauderdale County had 76 active NFIP flood policies as of September 2026. See the full Lauderdale County home insurance overview for all FEMA hazard ratings and flood coverage details. Earthquake damage is excluded from a standard homeowners policy.

According to the NAIC homeowners insurance report (2023 data), a standard HO-3 homeowners policy in Tennessee carries a statewide average premium of $1,649 per year.

Key figures

Median home value$154,900
Median year built1975
Owner-occupied share45%
Share of owner-occupied homes with a mortgage49%
Top county hazardEarthquake (Relatively Moderate)
Active NFIP policies in Lauderdale County76
Home insurance premium$1,649 - statewide average (NAIC, 2023 data)
Key home insurance figures for Ripley, TN

Nearby towns

Sources

Data last updated: 2026-09-29