Home Insurance in Elmwood Park, Wisconsin
With a median home value of $229,300, Elmwood Park is 9% lower than the Racine County median.
The typical home in Elmwood Park was built around 1968. About 40% of homes were built before 1960, in line with Racine County (39%). Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild.
Housing in Elmwood Park breaks down to 100% single-family homes.
In Elmwood Park, about 50% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
The vacancy rate is 4%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 98% of occupied homes in Elmwood Park are owner-occupied.
Most homes in Elmwood Park - 92% - are primarily heated with natural gas.
What's the biggest home insurance risk near Elmwood Park? FEMA's National Risk Index points to tornado (Relatively High) in Racine County and Racine County had 334 active NFIP flood policies as of September 2026. See the full Racine County home insurance overview for all FEMA hazard ratings and flood coverage details.
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 | $229,300 |
|---|---|
| Median year built | 1968 |
| Owner-occupied share | 98% |
| Share of owner-occupied homes with a mortgage | 50% |
| Top county hazard | Tornado (Relatively High) |
| Active NFIP policies in Racine County | 334 |
| Home insurance premium | $923 - 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)