Home Insurance in Oak City, Utah
Homes in Oak City carry a median value of $247,000 - 13% lower than the Millard County median.
The typical home in Oak City was built around 1974. About 23% of homes were built before 1960, about 16 points below Millard County's 38%. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild.
In Oak City, the housing stock is 100% single-family homes.
63% of owner-occupied homes in Oak City carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Oak City has an owner-occupancy rate of 91% and a vacancy rate of 9%; unoccupied homes typically need a different coverage form.
Most homes in Oak City - 92% - are primarily heated with natural gas.
Millard County had 20 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is winter weather (Relatively High). See the full Millard 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 Utah carries a statewide average premium of $1,107 per year.
Key figures
| Median home value | $247,000 |
|---|---|
| Median year built | 1974 |
| Owner-occupied share | 91% |
| Share of owner-occupied homes with a mortgage | 63% |
| Top county hazard | Winter Weather (Relatively High) |
| Active NFIP policies in Millard County | 20 |
| Home insurance premium | $1,107 - 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)