Home Insurance in Midway, Utah
With a median home value of $892,800, Midway is 13% higher than the Wasatch County median.
The typical home in Midway was built around 2006. About 2% of homes were built before 1960, about 8 points below Wasatch County's 9%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
In Midway, the housing stock is 93% single-family homes, 6% apartments in buildings with 5+ units and 1% mobile or manufactured homes.
64% of owner-occupied homes in Midway carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
The vacancy rate is 15%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 84% of occupied homes in Midway are owner-occupied.
In Midway, 79% of homes are primarily heated with natural gas.
Wasatch County's top FEMA-rated hazard is wildfire (Relatively Moderate), per FEMA's National Risk Index. Wasatch County had 111 active NFIP flood policies as of September 2026. See the full Wasatch County home insurance overview for all FEMA hazard ratings and flood coverage details.
In Utah, the statewide average premium for a standard HO-3 homeowners policy is $1,107 per year (NAIC, 2023 data).
Key figures
| Median home value | $892,800 |
|---|---|
| Median year built | 2006 |
| Owner-occupied share | 84% |
| Share of owner-occupied homes with a mortgage | 64% |
| Top county hazard | Wildfire (Relatively Moderate) |
| Active NFIP policies in Wasatch County | 111 |
| 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)