Home Insurance in Cleveland, Wisconsin

The median home value in Cleveland is $202,500, 8% higher than the Manitowoc County median.

Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in Cleveland was built around 1975. About 31% of homes were built before 1960, about 16 points below Manitowoc County's 46%.

The housing stock in Cleveland is 77% single-family homes, 6% apartments in buildings with 5+ units and 12% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.

About 54% of owner-occupied homes in Cleveland have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.

Cleveland has an owner-occupancy rate of 84% and a vacancy rate of 8%; unoccupied homes typically need a different coverage form.

Most homes in Cleveland - 90% - are primarily heated with natural gas.

FEMA rates Manitowoc County's overall risk as Relatively Low, led by hail (Relatively High). Manitowoc County had 67 active NFIP flood policies as of September 2026. See the full Manitowoc County home insurance overview for all FEMA hazard ratings and flood coverage details.

In Wisconsin, the statewide average premium for a standard HO-3 homeowners policy is $923 per year (NAIC, 2023 data).

Key figures

Median home value$202,500
Median year built1975
Owner-occupied share84%
Share of owner-occupied homes with a mortgage54%
Top county hazardHail (Relatively High)
Active NFIP policies in Manitowoc County67
Home insurance premium$923 - statewide average (NAIC, 2023 data)
Key home insurance figures for Cleveland, WI

Nearby towns

Sources

Data last updated: 2026-09-29