Home Insurance in Iron County, Wisconsin
Homes in Iron County carry a median value of $165,900 - 38% lower than the Wisconsin median.
The typical home in Iron County was built around 1972. About 39% of homes were built before 1960, about 5 points above Wisconsin's 33%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
Housing in Iron County breaks down to 91% single-family homes, 3% apartments in buildings with 5+ units and 3% mobile or manufactured homes.
In Iron County, about 49% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
About 89% of occupied homes in Iron County are owner-occupied. The vacancy rate is 44%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
41% of homes in Iron County are primarily heated with natural gas. Homes heated with propane and wood can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
Per FEMA's National Risk Index, Iron County's top hazards are winter weather (Relatively Moderate), coastal flooding (Very Low) and inland flooding (Very Low).
As of September 2026, Iron County has 19 active NFIP flood insurance policies. Standard homeowners insurance does not cover flood damage, so flood coverage needs a separate NFIP or private flood policy.
The statewide average premium for a standard HO-3 homeowners policy in Wisconsin is $923 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $165,900 |
|---|---|
| Median year built | 1972 |
| Owner-occupied share | 89% |
| Share of owner-occupied homes with a mortgage | 49% |
| Top hazards (FEMA National Risk Index) | Winter Weather (Relatively Moderate), Coastal Flooding (Very Low), Inland Flooding (Very Low) |
| Active NFIP flood policies (county) | 19 |
| Home insurance premium | $923 - statewide average (NAIC, 2023 data) |
Towns and cities
Sources
- 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)