Home Insurance in Somerset, Wisconsin
The median home value in Somerset is $286,600, 24% lower than the St. Croix County median.
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in Somerset was built around 2002. About 10% of homes were built before 1960, about 8 points below St. Croix County's 17%.
Housing in Somerset breaks down to 66% single-family homes and 25% apartments in buildings with 5+ units.
In Somerset, about 82% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
The vacancy rate is 9%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 57% of occupied homes in Somerset are owner-occupied.
In Somerset, 62% of homes are primarily heated with natural gas.
St. Croix County had 112 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is strong wind (Relatively High). See the full St. Croix 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 | $286,600 |
|---|---|
| Median year built | 2002 |
| Owner-occupied share | 57% |
| Share of owner-occupied homes with a mortgage | 82% |
| Top county hazard | Strong Wind (Relatively High) |
| Active NFIP policies in St. Croix County | 112 |
| 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)