Home Insurance in Millcreek, Utah
With a median home value of $627,200, Millcreek is 19% higher than the Salt Lake 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 Millcreek was built around 1973. About 29% of homes were built before 1960, about 11 points above Salt Lake County's 18%.
Housing in Millcreek breaks down to 64% single-family homes, 29% apartments in buildings with 5+ units and 1% mobile or manufactured homes.
About 64% of owner-occupied homes in Millcreek have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
About 61% of occupied homes in Millcreek are owner-occupied. The vacancy rate is 8%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
86% of homes in Millcreek are primarily heated with natural gas.
FEMA rates Salt Lake County's overall risk as Relatively High, led by earthquake (Relatively High). Salt Lake County had 1,166 active NFIP flood policies as of September 2026. See the full Salt Lake 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 Utah carries a statewide average premium of $1,107 per year.
Key figures
| Median home value | $627,200 |
|---|---|
| Median year built | 1973 |
| Owner-occupied share | 61% |
| Share of owner-occupied homes with a mortgage | 64% |
| Top county hazard | Earthquake (Relatively High) |
| Active NFIP policies in Salt Lake County | 1,166 |
| Home insurance premium | $1,107 - statewide average (NAIC, 2023 data) |
Nearby towns
- Holladay
- South Salt Lake
- Cottonwood Heights
- Midvale
- Taylorsville
- Salt Lake City
- Sandy
- Emigration Canyon
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)